Archive for August, 2015

Column: “Is It Time To Change The Tune?”

Column: “Is It Time To Change The Tune?”

[Opinion column written by Jeremy Deacon] Again and again, the headlines scream ‘Tourist Arrivals Plummet’, a national hand wringing then ensues about why, the talk shows are abuzz with everyone’s solutions and the politicians embark on the blame game. But are we too fixated with arrivals numbers and should we be more focused on how much visitors... Read more of this article

Weekend Top Batting & Bowling Performers

Weekend Top Batting & Bowling Performers

In the batting department Temiko Wilson from Western Stars was the top scorer for the weekend with a knock of 122, in his teams First Division win over the St. George’s Cricket Club, while Rudell Pitcher from St. David’s Cricket Club had second best knock scoring 97 against the Southampton Rangers and Shannon Raynor scored 63 for the Southampton... Read more of this article

Butterfield Bank Advises Of Shareholdings

Butterfield Bank Advises Of Shareholdings

Following the recent repurchase by the Bank of Butterfield of the shares held by CIBC and pursuant to Bermuda Stock Exchange Regulation 6.14, the Bank advised the BSX of the following shareholdings: Government of Bermuda Pension Plans [5.26%] Wyndham Holdings Inc [5.07%] Carlyle Global Financial Services Partners LP [21.01%]   Related Stories Butterfield:... Read more of this article

A.M. Best Affirms Ratings Of Arch Reinsurance

A.M. Best Affirms Ratings Of Arch Reinsurance

Rating company A.M. Best has affirmed the financial strength rating [FSR] of A+ [Superior] and the issuer credit ratings [ICR] of “aa-” of  Arch Reinsurance Ltd. and its strategic affiliates. A statement from the ratings agency said, “The affirmations reflect Arch’s continued superior operating performance, consistently excellent capitalization... Read more of this article

New Locations For UK Visa Application Centre

New Locations For UK Visa Application Centre

UK Visas and Immigration, part of the UK Home Office, which has the responsibility for issuing visas overseas, will be introducing a new visa application process for customers applying for UK visas in Bermuda, a statement from Government House said. “From 26th August 2015, our commercial partner, VFS Global, will operate a temporary Visa Application... Read more of this article

Photos: President’s Cup 100km Cycling Race

Photos: President’s Cup 100km Cycling Race

The 2015 edition of the Bermuda Bicycle Association’s [BBA] Presidents Cup was held on Sunday [Aug 23], with the course taking racers on a loop around the island that totaled 100 kilometres, the longest race on the BBA’s calendar. The race got set at 7.30am from Lindo’s Family Foods in Warwick, eventually finishing on Harbour Road in Paget. The... Read more of this article

Bermuda Stock Exchange Report: Aug. 25 2015

Bermuda Stock Exchange Report: Aug. 25 2015

Today [Aug 25] saw 111,180 shares trade on the Bermuda Stock Exchange, valued at $231,578.20 BD. 103,480 shares were traded by Bank of N.T. Butterfield Limited, closing down 3.4% at $1.68 per share, while 3,000 shares were traded by Argus Group Holdings Ltd, closing down 5.0% at $3.80 per share. 1,500 shares were traded by BF&M Ltd, closing down... Read more of this article

Delray Rawlins English U17 Super 4′s Update

Delray Rawlins English U17 Super 4′s Update

Delray Rawlins [pictured] played today for the London and East region U17 against U17 North region at the National Cricket Performance Centre [NCPC] at Loughborough University. The London and East region is selected from players in Sussex, Surrey, Middlesex, Kent and Essex County squads. “Delray had excellent bowling figures of 1 wicket for 28... Read more of this article

Weather Forecast For Wednesday August 26

Weather Forecast For Wednesday August 26

Wednesday, August 26 is expected to see thunderstorms likely, with the high to be near 29°C/84°F and the low to be near 26°C/79°F, according to Weather Underground. Winds are expected to be WSW. The relative humidity is expected to be near 77%. Sunrise will be at 6.49am and sunset will be at 7.50pm. High tide will be at 5.55am and 6.32pm, while... Read more of this article

Man Sentenced To 30 Days: Assaulting Police

Man Sentenced To 30 Days: Assaulting Police

Appearing in Magistrates Court today  [Aug 25], 35-year-old Southampton resident Patrick Russell was given a thirty day prison sentence after he had plead guilty to assaulting a police officer in the Emporium building on Front Street in the early morning hours on August 15th. Mr Russell also plead guilty to urinating in a public place. The Crown Prosecutor... Read more of this article

Males Snatch Purse From Visitor’s Rental Cycle

Males Snatch Purse From Visitor’s Rental Cycle

Yesterday afternoon, a visiting couple were travelling on Duke of Clarence Street in St Georges, when two men on a motorcycle snatched a purse from the basket of the couples rental cycle. A police spokesperson said, “Around 2:00pm on August 24 2015, a visiting couple was travelling south on Duke of Clarence Street in St Georges, when two men on... Read more of this article

25-Yr-Old Motorcyclist Found Lying Unconscious

25-Yr-Old Motorcyclist Found Lying Unconscious

A 25-year-old male motorcyclist is being treated in hospital for serious facial and head injuries after he was found lying unconscious on North Shore Road in Smiths around 3:00am this morning. A police spokesperson said, “Around 3:00am this morning, [August 25 2015] a 25yr old male motorcyclist was found lying unconscious with apparent facial... Read more of this article