Archive for July, 2014
Malachi Simmons Receives Triple Accolades
Following his successful endeavor to help fund his post-secondary education in 2011, talented dancer, actor and singer Malachi Simmons has graduated with a first class B.A. [Hons] in Dance at the United Kingdom’s Edge Hill University, receiving two other accolades in the process. Besides completing his educational career with honours, allowing... Read more of this article
Bermuda Anglers Club Jr Fishing Tournament
August 2014 marks the third annual Junior Fishing Tournament run by the Bermuda Anglers Club [BAC], an event open to all boys and girls aged 16 and under. This free tournament includes categories for both fishing from boats and fishing from the shore, with additional categories embracing children of all ages, allowing even the youngest of Bermuda’s... Read more of this article
Opinion: Michael Weeks On “The Two Bermudas”
[Opinion column written by PLP MP Michael Weeks] A few months ago, I wrote an opinion piece entitled “The Two Bermudas” in which I spoke of the inequality between different segments of our community. Since then it seems as if the divisions between us have grown. In recent weeks, we have witnessed the OBA exhibit behaviors that clearly indicate... Read more of this article
OBA Contradicts PRC Status Grant “Distortions”
The debate over the Government’s decision to withdraw the appeal in the PRC status matter continues, with the One Bermuda Alliance contradicting what it said were “distortions” around the issue. The OBA said that any perception that granting status to PRC holders will take jobs from Bermudians is untrue, as PRCs already have full... Read more of this article
2014 Commonwealth Games Day #1 Results
The Commonwealth Games got underway in Scotland with several of Bermuda’s top athletes taking part, including Flora Duffy, Tyler Butterfield, Jonathan Herring, Tucker Murphy, Nick Kyme, Micah Franklin and Gemma Lightbourne. Flora Duffy finished 8th in the Women’s Triathlon clocking a time of 2:02:18. Following a strong swim, she was... Read more of this article
Validus: Q2 2014 Net Income Of $153.4 Million
Bermuda-based Validus Holdings, Ltd. today reported net income available to Validus of $153.4 million, or $1.61 per diluted common share, for the three months ended June 30, 2014, compared to $30.7 million, or $0.28 per diluted common share, for the three months ended June 30, 2013. Net income available to Validus was $315.8 million, or $3.27 per diluted... Read more of this article
Minister Hosts Summer Employment Program
Minister of Home Affairs, Sen. Michael Fahy hosted a reception for the participants of the Department of Workforce Development’s Summer Employment Programme at the ACE Building. The Minister said, “I applaud every student here, and their families, for making a significant investment in their future and recognizing the importance of personal and... Read more of this article
$480,000 In Scholarships Awarded To Students
The Bermuda Foundation for Insurance Studies [BFIS] recently awarded more than $480,000 in scholarship funding to 15 students, bringing the total amount that the Foundation has given out since it was formed to more than $5 million, all funded by the insurance industry. A spokesperson said, “Over 60 guests attended the Bermuda Foundation For Insurance... Read more of this article
BSOA Hosting Multiple Art Exhibitions
The Bermuda Society of Arts is currently hosting three exhibits which will remain open until August 5, with another unique exhibit set to open on August 8, along with another showing of ‘Our History in Hats‘ by Ronnie Cheameau and Donna Pink. The BSOA’s ongoing exhibits, set to remain open until August 5, include: Onions Gallery –... Read more of this article
Poll: 57% Support Granting PRC Holders Status
57% support granting status to PRC holders, 33% oppose, and 9% do not know – according to a poll conducted by Global Research & Strategy Group Ltd. The telephone poll was conducted between July 12th and July 19th with a representative sample of 404 registered Bermuda voters, with the poll having a margin of error of +/- 4.9%]. Charts extracted... Read more of this article
Video: New Hamilton Princess General Manager
Recently appointed General Manager of the Fairmont Hamilton Princess Hotel, Allan Federer, recently took the time to introduce himself to the Bermuda public, sitting down to discuss his vision for the future of the Fairmont Hamilton Princess. Mr. Federer said, “I’ve just arrived here from Moscow, Russia, where I was running the Ritz-Carlton... Read more of this article
Bermuda Stock Exchange Report: July 24 2014
Today [July 24] saw a volume of 185,331 shares trade on the Bermuda Stock Exchange, valued at $393,162.00 BD. 183,831 shares were traded by Bank of N.T. Butterfield Ltd, which closed at $2.00 per share, even on the day. The other 1,500 shares were traded by BF&M Ltd, closing up 1.2% at an $17.00 per share. The BSX closed at 1,374.76, up 0.10%... Read more of this article
