Archive for March, 2018
Blue Capital Declares $0.0186 Dividend
In a filing with the Bermuda Stock Exchange [BSX], Blue Capital Alternative Income Fund Limited declared its quarterly dividend. The full filing stated: “Blue Capital Alternative Income Fund Limited has declared its quarterly dividend in respect of the three months ended 31 March 2018 of US $0.0186 per Ordinary Share, payable on 8 May 2018 to Shareholders... Read more of this article
Bermuda Stock Exchange Report: March 27 2018
March 27 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $90,000.00 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.2% at $45.00 per share. The BSX finished at 2,534.21, down 1.74% on the day. There were 0 advances, 1 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Elizabeth Jones Shortlisted For CODE Burt Award
CODE and NGC Bocas Lit Fest have announced the finalists for the fifth annual CODE Burt Award for Caribbean Young Adult Literature, with Bermuda’s Elizabeth Jones among the three. This year’s finalists were selected from over 30 submissions of both published books and unpublished manuscripts from around the region. Finalists Imam Baksh, Elizabeth... Read more of this article
Goodison Takes Moth World Championship Lead
Paul Goodison of the U.K. took the early lead at the Bacardi Moth World Championship in Bermuda after winning the first two races on Great Sound today [March 27]. Hosted by the Royal Bermuda yacht Club, the world championship got underway a day late after yesterday was blown out. Today was on the hairy edge as the wind blew steadily between 18 and 22... Read more of this article
Appleby Promotes Five In Bermuda Office
Law firm Appleby has announced nine promotions across its Bermuda, Cayman and Isle of Man offices, with five of the promotions in their Bermuda office. All promotions are effective 1 April 2018, subject to the appropriate immigration approvals. Appleby Group Managing Partner, Michael O’Connell, said: “These appointments reflect our ambitious growth... Read more of this article
‘Seek Financing Options For Continuing Work’
George’s Bay — the developer of Caroline Bay at Morgan’s Point — has confirmed they are “temporarily reducing” construction due to “costs outpacing the existing financing of the project,” while the Government confirms they are “in discussions with the Board of George’s Bay Ltd. as they seek financing... Read more of this article
30 Minute Video: March 27 ZBM Evening News
With an aim to expand the way they deliver their news to the community, the Bermuda Broadcasting Company is continuing to live stream their evening news programme online for viewers both on the island and abroad. The live video will begin at 7.00pm, and play to 7.30pm, and then the replay will be available: Related Stories 30 Minute Video: Dec 30... Read more of this article
Weather Forecast For Wednesday March 28
Wednesday, March 28 is expected to be mostly cloudy, with the high to be near 18°C/65°F and the low to be near 16°C/61°F, according to Weather Underground. Winds are expected to be WNW. The relative humidity is expected to be near 64%. Sunrise will be at 7.12am and sunset will be at 7.35pm. High tide will be at 6.45am and 7.09pm, while low tide... Read more of this article
Govt: ‘Velella Velella’ On Bermuda’s Shoreline
[Updated with video] The Department of Environment and Natural Resources is advising that large numbers of the By-the-wind sailor Velella velella have washed up on Bermuda’s shoreline in the past few days. “This follows speculation and concern from various members of the public that these are the venomous Portuguese-Man-of-War,” the... Read more of this article
Consumer Price Index: Inflation Decreased 0.3%
Consumers paid 1.6% more in January 2018 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and the level of inflation decreased 0.3 percentage points from the 1.9% measured in December 2017. This is according to the latest Consumer Price Index, which said, “Between December 2017 and January 2018,... Read more of this article
Police “Looking Into” Minister’s Traffic Matter
[Updated] The police said they are “currently looking into a traffic matter involving a male motorcyclist and a Government vehicle, driven by Minister of National Security the Hon. Wayne Caines” to “determine whether any offences are disclosed.” A police spokesperson said, “The Bermuda Police Service is currently looking into... Read more of this article
CONCACAF: Bermuda Drawn In Group E
CONCACAF held the official draw for the CONCACAF Caribbean Women’s Qualifiers today, with Bermuda being drawn in Group E alongside Guyana, Barbados and Suriname. Dates for the matches have yet to be confirmed. Related Stories Watson, West Virginia Compete In Championship Jasmine Spence On Winning Bronze Medal Jasmine Spence’s England... Read more of this article
