Author Archive: Bernews1

US-Bermuda Economic Ties Become Stronger

Bermuda and the United States expanded their overall economic relationship between 2008 and 2010 growing from $60 billion in two-way trade in 2008 to $80 billion by 2010, says a recently released Business Bermuda economic impact study. Although the economic recession has been difficult for both countries, recent Business Bermuda economic analyses by... Read more of this article

$1,000 Fine For Drunk Driving

In Magistrates Court yesterday morning [Nov.9] Hamilton Parish resident, 47-year-old Matthew Graham Taylor pleaded guilty to a charge of driving whilst his ability to drive was impaired by either alcohol or drugs. The charge came out of a single vehicle accident on Jennings Road in Hamilton Parish. The Prosecutor’s evidence was that Police attended... Read more of this article

Artist Captures ‘Rhythm’ Of Bermuda Life

He’s got rhythm, he’s got considerable artistic talent — along with some keen insights into Bermuda culture. Who could ask for anything more? Hamilton’s Select Palette Art will this month be featuring an exhibit of paintings by Bermuda College lecturer Edwin M.E. Smith. The show opens on Thursday [Nov.10]. Jazz buff Prof. Smith... Read more of this article

Bermuda Represented At IFC London Conference

Bermuda’s international business sector was represented at last month’s London conference on off-shore business domiciles organised by The Commonwealth Secretariat and the International Financial Centre Forum The event was staged on October 20 and 21 in London. The event examined the role of small international financial centres [IFCs] in... Read more of this article

Photos: 2011 Fire Service Safety Week Awards

At the closing ceremonies of the Fire Safety Awareness Week held earlier this week [Nov. 4] at the Hamilton Fire Station, certificates of merit were handed out to Bermuda school children who participated in the annual essay and poster contests held in conjunction with Fire Safety Awareness Week. Winners in the 2 – 4 years old division were: First... Read more of this article

Endurance Authorises Share Repurchase Plan

Bermuda’s Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, today [Nov.10] announced that its board of directors approved a new share repurchase programme authorising the repurchase of up to 7 million ordinary shares in open market or privately negotiated transactions, from time to time, depending... Read more of this article

Caron Bermuda Community Leader Awards

Caron Bermuda hosted the 3rd annual Community Service Awards Breakfast for over 180 guests on November 3 at the Fairmont Hamilton Princess Hotel. The event, sponsored by Butterfield Bank, honored seven individuals and companies for their outstanding community activism and leadership in fighting the battle against addiction. Caron Bermuda also presented... Read more of this article

Business Bermuda Builds Ties In South Africa

Business Bermuda represented Bermuda’s fund industry at the Hedge Funds World Africa conference, on 7 – 8 November 2011 at the Grand Hotel in Cape Town, South Africa. Business Bermuda hosted an exhibition booth at Africa’s largest hedge funds conference and spoke to leading members of South Africa’s growing alternative investment industry,... Read more of this article

Teekay Tankers Declares Cash Dividend

Teekay Tankers Ltd. — a subsidiary of Bermuda’s Teekay Corporation — yesterday [Nov.9] announced that its board of directors has voted to declare a cash dividend of $0.15 per share for the quarter ended September 30, 2011. The cash dividend is payable on November 28, 2011 to all shareholders of record on November 21, 2011. Teekay... Read more of this article

Burn Survivor Releases First Book

You may have seen him in passing. He carries the scars from a horrific accident every day but De’Jon Simons is also one of the most confident, kind and positive young men that you may ever meet. Tomorrow [Nov.11] Mr Simons will officially release his intimate thoughts about the horrific bike accident that changed his life through his debut book project,... Read more of this article

Premier, Ministers To Host Town Hall [Postponed]

[Updated - event postponed] The Premier and Minister of Finance Paula Cox will host a Town Hall meeting on Monday November 14th,at the Number 6 Shed on Front Street from 6:30pm until 8:30pm. The public forum, entitled, “Let Us Build One Another Together”, will also feature several Government Ministers, including the Minister of Economy, Trade &... Read more of this article

Photos: Day #1 2011 World Rugby Classic

The opening night of the 2011 Bermuda World Rugby Classic was held last night [Nov.8] at the National Sports Center, and saw the New Zealand All Blacks and Britain’s Classic Lions both walk away with wins. New Zealand 39 – United States 0 New Zealand got on the board when Danj Brunson scored a Try, and when Caleb Ralph kicked the Conversion it... Read more of this article