Archive for October, 2020
Video: October 29th Bernews Morning Newsflash
Police issue advisory on WhatsApp scam, OBA announce new Leader and Shadow Cabinet, BHB appoints Dr Christopher Fosker as Director of Oncology, Covid-19 app specifically designed for the island, time lapse video of airport terminal construction, Rhinos rugby team take part in beach clean up, Minister updates on school redesign plans, and first... Read more of this article
Somers Share Repurchases For September 2020
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced their recent share repurchases. The filing stated: “Somers Limited, a financial services investment holding company, announces that during the month of September 2020, Somers purchased 4,800 of its own common shares at an average cost of $13.56 per share. These Shares... Read more of this article
Apex & Banco Modal Acquisition Transaction
Apex Group Ltd. has entered into an agreement to acquire Banco Modal’s Alternative Fund Administration business in Brazil. A spokesperson said, “Apex Group Ltd. [Apex], a global financial services provider, and Banco Modal S.A., a Brazilian financial institution [Banco Modal], announced jointly today that Apex will acquire Banco Modal’s Alternative... Read more of this article
Bermuda Stock Exchange Report: Oct 28 2020
October 28 saw 10,200 shares trade on the Bermuda Stock Exchange, valued at $29,890.00 BD. 10,200 shares were traded by Argus Group Holdings Ltd, closing down 8.8% at $2.92 per share. The BSX finished at 1,969.82, down 0.28% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
RA Issues Bulk Generation Procurement Rules
The Regulatory Authority of Bermuda has today issued an “Order detailing the Bulk Generation Procurement Rules to be followed for the procurement of all bulk generation projects in Bermuda.” A spokesperson said, “The procurement rules are intended to be efficient, transparent, simple to use and lead to the implementation of bulk... Read more of this article
Butterfield Reports Third Quarter 2020 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the third quarter ended September 30, 2020. “Net income for the third quarter was $30.5 million, or $0.61 per diluted common share, compared to $34.3 million, or $0.67 per diluted common share for the previous quarter, and $42.4 million, or $0.79 per diluted... Read more of this article
Official Govt & Legal Notices For Oct 28 2020
The official Government and Legal notices for today [Oct 28] include tribunal agenda. Draft Bermuda Plan 2018 Tribunal Agenda – November 5, 2020 Notice Type: Government Notice Notice Sub Type: Public Notification Notice ID: GN0972/2020 Public Authorities / Department: Planning Publication Date: 28 October 2020 The Development And Planning [Tribunal... Read more of this article
Police Issue Advisory On WhatsApp Scam
The police have advised that a “new WhatsApp scam has emerged in which a message is sent out, via SMS, by individuals purporting to be part of the WhatsApp technical team, asking users to share their verification code in order to verify that their account is genuine.” “Responding to this message, allows the scammers access to your account,... Read more of this article
Green Ferry Route Delayed, Blue Suspended
The green ferry route will see delays of up to 10 minutes this evening [Oct 28], while the blue route is suspended for the remainder of the day and the pink route is operating normally. A Government spokesperson said, “The Department of Marine and Ports Services is advising that this evening, the green ferry route will see delays of up to ten... Read more of this article
Rhinos Rugby Team Take Part In Beach Clean Up
The Rhinos rugby squad — who are here taking part in the World Tens Series — spent some time cleaning up Tobacco Bay in the east end. A spokesperson said, “Following their faultless performances on the field last Sunday and Monday in round one of the World Tens Series League, the Rhinos squad and staff congregated together at 10am on Tuesday... Read more of this article
Ministry: 19 Bus Runs Cancelled On Wednesday
The Ministry has released the list of bus cancellations for this afternoon [Oct 28], with the list indicating that there are 19 bus runs cancelled today. Related Stories Ministry: 4 Bus Runs Cancelled On Monday Ministry: 6 Bus Runs Cancelled On Thursday Ministry: 2 Bus Runs Cancelled On Tuesday Ministry: 2 Bus Runs Cancelled On Monday Ministry:... Read more of this article
Weather Forecast For Thursday October 29
Thursday, October 29 is expected to see a mix of sun and cloud, with a slight chance of an overnight shower, with the high to be near 28°C/82°F and the low to be near 24°C/76°F, according to the Bermuda Weather Service. Winds are expected to be SW. The relative humidity is expected to be near 80%. Sunrise will be at 7.34am and sunset will be at... Read more of this article
