Author Archive: Bernews1

Tokio Youth Mountain Bike Series Schedule

Every Bermuda child is a winner who participates in the popular Tokio Youth Mountain Bike Series. The free seven race series, sponsored by Tokio Millenium Re Ltd. and Bicycle Works, is sanctioned by the Bermuda Bicycle Association, returns for a sixth year on November 19th. Its aim is to introduce primary school aged children to cycling as a way to... Read more of this article

BSX Approves Listing Of $100M Issuance

The listing committee of the Bermuda Stock Exchange [BSX] today [Nov.3] announced the approval of the listing of the Queen Street IV Capital Limited Principal At-Risk Variable Notes due April 9th, 2015 that constitutes a $100 million dollar issuance under the Exchange’s Restricted Marketing provisions for Qualified Investors and Section V of the BSX... Read more of this article

St. Paul’s AME Remembrance Day Service

St. Paul AME Church in Hamilton will mark its Remembrance Sunday this Sunday [Nov. 6] at the 10:55am service and war veterans and their families are invited to attend the service which will recognise their sacrifice in the name of freedom. “We want the community to join us in saluting these men and women of courage and determination whose struggle... Read more of this article

Cannonier Sworn In As Opposition Leader

[Updated with videos] One Bermuda Alliance leader Craig Cannonier was sworn in at Government House this morning [Nov.3] as Bermuda’s newest Parliamentarian and also as the new Opposition Leader. His replacement in the Senate has yet to be named. However, the One Bermuda Alliance is expected to make an announcement on the new line-up of its Senate... Read more of this article

Transatlantic Considering New Validus Offer

Reinsurer Transatlantic Holdings says it is looking at the increased takeover offer from Bermuda’s Validus Holdings , but advised shareholders to sit tight for now, adding it was in talks with other parties. New York-based Transatlantic, currently valued at around $3.3 billion, is proving to be a sought-after asset as it’s relatively cheap... Read more of this article

Imagine! Bermuda Lennon Tribute CD’s Coming

As the song said, it was just like starting over when Bermuda famously inspired what were to be John Lennon’s last works. And now Bermudian artists will have the opportunity to return the compliment with a new tribute CD of the former Beatle’s material. The CD — being produced by Ride the Wave charitable group — is to be released... Read more of this article

Miss Bermuda Out Of ‘Beach Beauty’ Qualifier

Miss Bermuda Jana Outerbridge, who ranked in the Top 36 in the Miss World competition’s “Beach Beauty” qualifier has not made the final 20 in that category — but the poised and confident beauty queen is not letting that deter her as she prepares to represent the island at this Sunday’s finals. After much deliberation, the 36... Read more of this article

Football: Bermuda To Face Barbados Twice

The Bermuda Football Association announced today [Nov.1] that Bermuda’s National World Cup qualifying team will play their final two games against Barbados in Bermuda. Bermuda is scheduled to play Barbados Friday November 11 and on Monday, November 14 at the National Sports Centre. The Bermuda team is pictured below before the start of their game... Read more of this article

Blood Pressure Information Campaign

Today [Nov.3] the Minister of Health Zane Desilva announced the launch of a Blood Pressure Information Campaign. This campaign aims to increase public awareness about blood pressure, and provide information and resources to assist those with hypertension (the medical term for high blood pressure) in controlling their blood pressures. Minister Desilva... Read more of this article

Dale Butler To Hold Economy Forum Tonight

Warwick North East MP Dale Butler will be hosting his second forum at 7.30pm tonight [Nov.3] at Warwick Workman’s Club. Panelists for the second forum – “You, Me & The Economy” – will include Premier & Minister of Finance Paula Cox; newly appointed Attorney General Kim Wilson; and Bermuda College lecturer Mr. Craig... Read more of this article

Statistics Show Income Increased In 2010

Government’s latest Employment Survey shows that despite a six percent unemployment rate in 2010, Bermuda incomes continued to rise. Released by the Statistics Department yesterday [Nov.2], the figures showed median gross earnings climbed by 2.6 percent from 2009 and were pegged at $57,915 in August, 2010. The annual Employment Survey is a tool used... Read more of this article

Gay US Ambassador On Clinton’s Bermuda Offer

James Hormel, the openly gay San Francisco philanthropist, says he could have likely avoided a nasty Capitol Hill battle over his nomination as former President Bill Clinton’s ambassador to Luxembourg if he had instead accepted an offer in 1997 to become the consul general in Bermuda. Three years earlier former President Bill Clinton’s decision... Read more of this article