Archive for September, 2016
Weather Forecast For Thursday September 29
Thursday, September 29 is expected to be partly cloudy with a slight chance of showers and thunderstorms, mainly during the morning hours, 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 SSE. The relative humidity is expected to be near 78%. Sunrise will be at 7.11am... Read more of this article
3 Hours Of Video: Commission Of Inquiry Hearing
[Updated] The Commission of Inquiry is holding a Public Hearing today [Sept 28] at St. Theresa’s Church Hall on Laffan Street in Hamilton. The Commission — which has been charged with investigating the findings of the Auditor General’s report — is chaired by former Bermuda Court of Appeal judge Sir Anthony Evans, and the members include... Read more of this article
Bermuda’s GDP Per Capita: $96,018 In 2015
[Updated] Bermuda’s gross domestic product [GDP] per capita was measured at $96,018 per person in 2015, according to a report released by the Department of Statistics. “Final estimates of Gross Domestic Product [GDP] in current prices for 2015 were measured at $5.9 billion, a 4.0% increase over 2014,” the report said. “Thirteen of the fifteen... Read more of this article
Minister Baron: ‘Faith Community’s Role Is Vital’
Earlier today [Sept 28] Minister of National Security Jeff Baron formally opened the Substance Abuse Prevention Faith Based Summit, which is taking place today and tomorrow as part of this year’s Recovery Month celebrations. Speaking at today’s event, Minister Baron said, “As the Minister of National Security it is indeed most gratifying... Read more of this article
Somers Shareholders Approve Acquisition
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced the results of their Special General Meeting, saying that Somers Shareholders have approved the Company’s acquisition of the majority stake in Australian financial institution RESIMAC for US $88.5 million. The filing stated, “Somers Limited, a financial services investment... Read more of this article
BHB: Temporary Closure Of General Lobby Doors
The Bermuda Hospitals Board [BHB] is installing new front doors in the General Wing lobby, so access to the General Wing lobby through these doors will be impacted on Thursday. A spokesperson said, “BHB is installing new front doors in the General Wing lobby [where the Pink Café is located] of King Edward VII Memorial Hospital. Access to the... Read more of this article
Court: Man Charged With Two Firearms Offences
Appearing in Magistrates Court this morning [Sept 28], a 23-year-old man was charged with firearm offences, with the Court hearing he allegedly shot himself in the hand. Shayne James was not required to enter a plea as the charges that he faces can only be tried in the Supreme Court. The first charge was that on 29th August 2016, in Pembroke, and without... Read more of this article
Armed Robbery At Pasta Basta On Elliot Street
In what marks the third armed robbery this month, the police confirmed that they responded to an armed robbery at Pasta Basta on Elliot Street last night, in which a “male brandishing what is believed to be a firearm entered the restaurant, removed a quantity of cash from the till and exited the premises.” A police spokesperson said, “Around... Read more of this article
Anticipated That Bermuda Host AG Conference
“It is anticipated that Bermuda will be the host country next year for this very significant meeting,” Attorney-General and Minister of Legal Affairs Trevor Moniz said following the Conference of Attorneys General from UK Overseas Territories and Crown Dependencies which was held in the Turks & Caicos earlier this month. Minister Moniz... Read more of this article
AIG, Two Sigma And Hamilton Launch Attune
American International Group [AIG], Hamilton Insurance Group and affiliates of Two Sigma Investments have reached agreement to form Attune, a technology-enabled platform to serve the $80 billion U.S. Small to Medium Sized Enterprise [SME] commercial insurance market. The agreement follows a memorandum of understanding the three companies signed in... Read more of this article
Video: BIU President On Airport Project Co Jobs
Bermuda Industrial Union [BIU] President Chris Furbert spoke yesterday [Sept 27] about the job offers from Project Co for BIU members at LF Wade Airport, saying “we’re very concerned about some of the conditions” in the letter from Project Co. The BIU President said, “You may or may not be aware that around about September 12th,... Read more of this article
