Author Archive: Bernews5

Senate: Audio & Order Of Business

[Updated with audio] The Senate is scheduled to be in session on Wednesday [Nov 27], and there is one statement listed on the Order Paper, which is the ‘Update on Sports Policy.’ Update: Live broadcast has concluded, and the audio replay of the session is below: The Order of Business follows below [PDF here]: Related Stories Municipal... Read more of this article

Bermuda Stock Exchange Report: Nov 26 2024

November 26 saw 928 shares trade on the Bermuda Stock Exchange, valued at $34,104.00 BD. 928 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.5% at $36.75 per share. The BSX finished at 2,527.36, up 0.43% on the day. There was 1 advance, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

70 People Attend London Office Event In UK

“It’s important for our young people to maintain a strong connection and love for Bermuda, as they navigate their educational and professional journeys abroad, and I encourage them to bring their talents and expertise back home so that they can contribute to building a stronger, more vibrant Bermuda,” said the Premier David Burt after attending... Read more of this article

Argus Reports Earnings & Interim Dividend

Argus Group Holdings Limited today announced net income for the six months ended September 30, 2024 of $5.9 million, compared to $5.0 million in the previous year. A spokesperson said, “This IFRS net income was impacted by exceptional project costs arising from our proposed amalgamation with BF&M. Net operating earnings, reflecting the... Read more of this article

Column: Foley On St David’s, Politics & More

[Opinion column written by OBA candidate Maurice Foley] During the Opposition’s response to the throne speech on Friday, I sat in stunned silence as members of the Progressive Labour Party laughed at the suggestion that St. David’s could become a parish under a One Bermuda Alliance government. As someone born and raised in St. David’s, I know... Read more of this article

Official Govt & Legal Notices For Nov 26 2024

The official Government and Legal notices for today [Nov 26] include public notification, acting appointments and notice of intended marriage. Bermuda Monetary Authority Statement Of Financial Position Ministry Of Finance Notice type: Government Notice Notice sub type: Public Notification Notice ID: GN1068/2024 Public Authorities / Department:... Read more of this article

‘Hidden Horrors’ Awareness Campaign Launches

The “Hidden Horrors” campaign is being launched in Bermuda by Tammy Richardson Augustus, with an aim to increase awareness about domestic violence and bring attention to the fact that many abusers “make strategic choices to exhibit normal, non-abusive” outside of the home. A spokesperson said, “For perpetrators of domestic... Read more of this article

New Sargasso Sea Commissioners Appointed

The Bermuda Cabinet approved the appointment of three experts – Dr. Ana Colaço, Dr. Frank Muller-Karger, and Dr. David Johnson – to the Sargasso Sea Commission. A spokesperson said, “The Bermuda Government has led the Sargasso Sea initiative since 2010 and was one of the original signatories to the Hamilton Declaration on Collaboration... Read more of this article

ABIC Chair On Challenges, Business & More

“Bermuda must be ready for heightened competition from rival jurisdictions as the island’s first tax on corporate profits takes effect,” said Christian Dunleavy, Chair of the Association of Bermuda International Companies [ABIC] and Group President, Aspen Insurance Holdings and CEO Aspen Bermuda Ltd. A spokesperson said, ”Bermuda’s... Read more of this article

Weather Forecast For Wednesday November 27

Wednesday November 27 is expected to be sunny, with the high to be near 23°C/74°F and the low to be near 20°C/68°F, according to the Bermuda Weather Service. Winds are expected to be WSW. The relative humidity is expected to be near 68%. Sunrise will be at 6:59am and sunset will be at 5:14pm. High tide will be at 5:53am and 6:07pm, while low tide... Read more of this article

BTA Releases 2024 Q3 Tourism Report

The Bermuda Tourism Authority [BTA] reported “notable increases in visitor arrivals and spending for the third quarter of 2024, with both air and cruise arrivals experiencing marked growth compared to the same period in 2023.” A spokesperson said, “Bermuda welcomed 50,407 leisure visitors by air during the third quarter of 2024, marking... Read more of this article

Estwanik And Dailey Win Half-Marathon

Chris Estwanik and Christine Dailey secured top honours in the Hannover Re Half-Marathon. Estwanik won the men’s race, completing the 13-mile course in 1hr 18min 19sec, with Thomas Mills coming second in 1:19:43 and Adam Prunty, the defending champion, finishing third in 1:21:14. In the women’s race, Dailey triumphed in 1:27:27, with Teresa Ruiz... Read more of this article