Author Archive: Bernews1
KeyTech Temporarily Suspends Dividends
In a letter to shareholders, KeyTech Limited announced that they decided to temporarily suspend the dividend for the quarters ended September 2014 and December 2014. “Over the years, KeyTech has maintained payment of a healthy dividend to our shareholders. The Board assures you that this decision was not taken lightly and therefore very much appreciates... Read more of this article
Motorcyclist Injured In Two Vehicle Collision
A 63 year old Pembroke man was injured when the motorcycle he was riding collided with a car on Middle Road in Warwick on Wednesday. A police spokesperson said, “Around 10:30am on Wednesday, October 1st first responders attended a reported two vehicle collision on Middle Road in Warwick near the junction with Khyber Pass. “It appears that... Read more of this article
Lambe Scores in Mansfield Reserves Defeat
Bermuda’s Reggie Lambe got the consolation goal for the Mansfield Town reserve side as they fell 5-1 to Derby County in the opening match of the Final Third Development League Cup Group Stages. The match report on the Club’s website said, “Our second-string succumbed to a 5-1 defeat to a slick and impressive Derby County in the opening... Read more of this article
Validus Completes Western World Acquisition
Bermuda-based Validus Holdings, Ltd. completed its acquisition of Western World Insurance Group, Inc. Western World, through its subsidiaries, is a specialty lines insurance company with a 50 year track record of profitability and is a pioneer in the binding authority business model. Ed Noonan, Validus’ Chairman and Chief Executive Officer, stated,... Read more of this article
Zone 3 Parking Rate Drops From $1 To $0.75
The City of Hamilton announced that “following an in depth review”, the hourly rate for on-street parking in Zone 3 has been reduced from $1.00 to $0.75, with the new rate set to take effect from Monday, 13th October 2014. A spokesperson said, “To activate the new rate for Zone 3, EasyPark users can bring their devices to City Hall,... Read more of this article
Police Issue Advisory On ‘Phishing’ Scams
The police have reminded the public to “remain vigilant” regarding phone calls, e-mails and other correspondence from unknown persons that attempt to obtain personal information, such as e-mails claiming to be from local banks and callers who offer to help residents with alleged computer glitches. A police spokesperson said, “Once... Read more of this article
New Flavour: Riddell’s Bay Chocolate Ripple
Alex & Pete’s Bermuda Artisan Ice Cream has unveiled its newest flavour: Riddell’s Bay Chocolate Ripple. The line of artisan ice creams has been selling out at locations island-wide as Alex & Pete’s owner Peter Jovetic says it’s been hard to keep up with demand for the new Bermuda-made product. “We have been in operation for only... Read more of this article
MP Brown Responds To Work Permit Proposal
The Opposition Shadow Minister for Immigration, Walton Brown expressed “grave concern” about the proposed new work permit policy set to be adopted later this year. Yesterday, Minister of Home Affairs Michael Fahy revealed the new Draft Work Permit Policy, which proposes new categories of work permits including the Bermuda Employment Visa,... Read more of this article
1609 Bar & Restaurant Launch Lobster Fest
In celebration of lobster season, The Fairmont Hamilton Princess announced the start of “Lobster Fest” at 1609 Bar & Restaurant. A special menu, offered throughout the month of October, features lobster dishes including spiny lobster, guinea chicks and Caribbean style lobster curry. Diners can chose from the a la carte menu or enjoy... Read more of this article
Deacon Succeeds Ebbin At Media Council
The Media Council of Bermuda has a new point person to handle complaints from the public as Jeremy Deacon [pictured] succeeds Meredith Ebbin as Executive Officer, with immediate effect. Ms Ebbin has stepped down after nearly four years and the appointment of her successor was ratified by the Media Working Group, the administrative arm of the Media Council. Mr... Read more of this article
Shadow Minister: Shelter Is ‘Stop Gap Measure’
“Government’s announcement of a temporary shelter for victims of domestic violence is a stop gap measure that doesn’t address the real issue; the challenges of Bermuda’s most vulnerable,” said Shadow Minister for Community, Cultural Development & Sports Michael Weeks. Mr. Weeks said, “The news of this facility... Read more of this article
Third Sector Conference To Be Held In 2016
The Centre on Philanthropy announced that their our 5th Biennial Third Sector Conference to be held at The Fairmont Hamilton Princess on February 26th and 27th, 2016. A spokesperson said, “The Conference previously scheduled for 2015, as it is held every two years, had to be rescheduled due to the renovations being carried out at The Fairmont... Read more of this article
