Author Archive: Bernews1

Uganda Remains Undefeated In WCL Division 3

Following yesterday’s [May 2] play, Uganda remains undefeated in the Pepsi ICC World Cricket League [WCL] Division 3 and has secured a position in the ICC Cricket World Cup Qualifier 2014, as well as Sunday’s final, after defeating USA by 82 runs at St David’s. In a clash of the two leading teams of the tournament, Uganda elected to bat and... Read more of this article

Press Marks Anniversary With Bermuda Book

In May 1964, the University of Virginia Press released its first original publication, “A Voyage to Virginia in 1609, Two Narratives” by William Strachey and Silvester Jourdain, twin accounts of the “Sea Venture” wreck in Bermuda edited by the late Louis B. Wright, who at the time was director of the Folger Shakespeare Library... Read more of this article

Lauder’s CME Announces Public Offering

Central European Media Enterprises Ltd. has commenced an underwritten public offering to raise aggregate gross proceeds of $174,000,000 through the sale of shares of its Class A common stock, par value $0.08 per share, pursuant to an effective shelf registration statement filed with the US Securities & Exchange Commission. All of the shares are... Read more of this article

World War Two Vet Lamb: “A Bermudian Hero”

Philip Lamb — one of four black Bermudians to serve in the Royal Air Force in World War Two [1939-45] — died yesterday [May 2] at the age of 90. One of Bermuda’s oldest surviving war veterans, St. David’s resident Mr. Lamb [pictured] reached the rank of leading aircraftsman with the RAF and among other wartime exploits lived... Read more of this article

Minister Richards Appears On UK’s Sky News

Yesterday [May 2] Minister of Finance Bob Richards appeared on Sky News to discuss Bermuda’s decision to negotiate and sign a FATCA Intergovernmental Agreement [IGA] Model 2 with the USA, the UK, and the G5 European Union countries once the G5 European Union Multilateral FATCA is established. This agreement will essentially result in financial institutions... Read more of this article

Argo Group: “Solid Top-Line Growth” In Q/1

Bermuda-based Argo Group International Holdings, Ltd. on Thursday [May 2] announced financial results for the three months ended March 31, 2013. “I’m pleased with our first quarter performance,” Argo Group CEO Mark E. Watson III said. “We generated solid top-line growth in a modestly improving pricing environment, and generated an... Read more of this article

XL Group “Delivered Solid Results” In 2013 Q/1

XL Group PLC — which maintains its executive offices in Bermuda along with a major local platform — yesterday [May 2] reported first-quarter profit had nearly doubled. Domiciled in Ireland, the property-and-casualty insurer and reinsuerer cited more premiums earned and a lack of catastrophes for its improved financial performance. “In... Read more of this article

Nahki Wells Scores In Bradford Defeat

Nahki Wells converted a penalty in the 38th minute of today’s [May 2] match against Burton Albion, however Bradford City were unable to hold Burton Albion off, suffering a 3-2 defeat in the first leg of the League Two play-offs. Bradford City manager Phil Parkinson said, “After the way we played in the first half I’m glad we’re... Read more of this article

ICC Cricket League: Bermuda Defeat Italy

Bermuda and Italy met up today [May 2] at the Somerset Cricket Club, with Bermuda claiming the victory with veteran cricketer Lionel Cann leading the way with his 113 runs – which included 11 sixes. Bermuda won the toss and elected to bat scoring 284 all out in 50 overs. Lionel Cann was the top scorer with 113 off 48 deliveries. Cann hit 6 fours... Read more of this article

Tourism Dept. Partners With New York Yankees

The Bermuda Department of Tourism [BDOT] has formed a sponsorship partnership with the New York Yankees baseball team. The sponsorship agreement between Bermuda and the Yankees, who boast 27 World Series championships, allows Bermuda to reach a new audience of baseball fans in the Island’s biggest target market. Highlights of the partnership include:... Read more of this article

RUBiS Launch New ULTRA TEC Diesel

Today David Rose, General Manager of RUBiS Energy Bermuda, announced the launch of their new ULTRA TEC Diesel. He said, “Our new ULTRA TEC Diesel targets and cleans up injector fouling in diesel engines created by carbon deposits and can be used in all diesel vehicles and engines.” “Carbon deposits usually occur in the fuel injectors in the combustion... Read more of this article

Photos: ICC Cricket USA vs Italy Match

The Pepsi ICC World Cricket League [WCL] Division 3 in Bermuda continues, with six international teams taking part. USA met up with Italy, and elected to bat first on the slower wicket at the National Sports Stadium. The innings started slowly, with Orlando Baker falling in the second over. Young wicketkeeper-batsman Steven Taylor, who wowed the small... Read more of this article