Archive for February, 2020

City Lends A Hand At The Grateful Bread

City Lends A Hand At The Grateful Bread

Mayor Charles Gosling and members of city council and staff recently lent a helping hand at The Grateful Bread’s monthly feeding program at Astwood Hall. A spokesperson said, “The program puts on a free dinner on the last Thursday of every month and also gives away toiletries, household goods and clothes to those in need. The City contributed... Read more of this article

Moore Begins Competing In Championships

Moore Begins Competing In Championships

Bermudian swimmer Madelyn Moore and her Northern Colorado women’s swimming & diving teammates got out to a strong start at the WAC Swimming & Diving Championships. The team made the NICA cut for the 200 medley relay. e Moore got Northern Colorado’s 200 medley team off to a fast start with a backstroke time of 25.32, helping them to finish... Read more of this article

Swan Wins St. George’s Councillor Election

Swan Wins St. George’s Councillor Election

Zindziswa Swan has been declared the winner for the seat of Municipal Residents’ Councillor for the Corporation of St. George’s, winning 170 votes [57.05%] to Colin Campbell’s 128 [42.95%]. A Government spokesperson said, “An extraordinary municipal election was held at Penno’s Wharf Cruise Ship Terminal in St. George’s, to return the... Read more of this article

Video: February 28 Bernews Morning Newsflash

Video: February 28 Bernews Morning Newsflash

House of Assembly in session today, 100WF host seminar on mastering LinkedIn, police to conduct road sobriety checkpoints tonight, visitors win perks by completing arrival card, Hamilton Princess to unveil the Duchess Café & Gelateria, still no cases of the COVID-19 coronavirus in island, Pow Wow to be held in June in St David’s, and... Read more of this article

Third Point Re Announces Q4 Earnings Results

Third Point Re Announces Q4 Earnings Results

Third Point Reinsurance Ltd. [TPRE] announced results for its fourth quarter ended December 31, 2019. Third Point Re reported net income available to common shareholders of $29.7 million, or $0.32 per diluted common share, for the three months ended December 31, 2019, compared to a net loss attributable to common shareholders of $298.0 million, or... Read more of this article

KPMG Releases 2020/21 Budget Snapshot

KPMG Releases 2020/21 Budget Snapshot

Following the delivery of the 2020 Budget by Minister of Finance Curtis Dickinson on February 21 in the House of Assembly, KPMG has released a Budget Snapshot that highlights some of the key points from the budget. A spokesperson said, “KPMG’s Budget snapshot provides highlights across Bermuda’s national debt, revenues and expenditures, payroll... Read more of this article

Bermuda Stock Exchange Report: Feb 27 2020

Bermuda Stock Exchange Report: Feb 27 2020

February 27 saw 3,500 shares trade on the Bermuda Stock Exchange, valued at $90,505.00 BD. 500 shares were traded by Bermuda Aviation Services Ltd, closing at an even $1.01 per share, while the other 3,000 shares were traded by Ascendant Group Limited, closing down 0.2% at $30.00 per share. The BSX finished at 2,031.85, down 0.02% on the day. There... Read more of this article

Somers Limited Announces Financial Results

Somers Limited Announces Financial Results

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced financial results. The filing stated: Somers Limited, a financial services investment holding company, is pleased to announce its results for the quarter ended December 31, 2019. Overview of the quarter ended December 31, 2019: Net asset value [NAV] per share of $20.41 as at... Read more of this article

Photos, Video & Results: Ball Hockey League

Photos, Video & Results: Ball Hockey League

[Updated with photos] Only 8 goals were scored in the double-header at the PCC Hockey Rink in Bermuda Ball Hockey action. Quad City Mallards 1 Manitoba Moose 2 The opener on the night was a low scoring affair, with the Manitoba Moose edging the Quad City Mallards 2 – 1. The Manitoba Moose took the lead in the first period with an Ed Sweeney goal.... Read more of this article

30 Minute Video: February 27 ZBM Evening News

30 Minute Video: February 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

Ministry: No COVID-19 Cases In Bermuda

Ministry: No COVID-19 Cases In Bermuda

There are still no cases of the COVID-19 coronavirus in Bermuda, the Ministry of Health has confirmed. A Government spokesperson said, “The Ministry of Health wishes to advise the public that there are still no cases of COVID-19 in Bermuda. “To date, 67 travelers with a relevant travel history have received public health follow-up upon... Read more of this article

Princess Unveils The Duchess Café & Gelateria

Princess Unveils The Duchess Café & Gelateria

The Duchess Café and Gelateria will be the island’s newest coffee shop destination when it opens at Hamilton Princess & Beach Club on Monday, March 2 and has created four new jobs for Bermudians at the resort. Named for Princess Louise, Duchess of Argyll – the hotel’s namesake – the stylish café will offer a range of delicious coffees,... Read more of this article