Author Archive: Bernews1

Nabors Subsidiary Launches New Note

Bermuda-based Nabors Industries Ltd. today [Apr. 10] announced that its wholly owned subsidiary, Nabors Industries, Inc. [NII] has established an unsecured commercial paper programme, on a private placement basis, under which NII may issue from time to time unsecured commercial paper notes up to a maximum aggregate amount outstanding at any time of... Read more of this article

Minister Crockwell On Sports Tourism Plans

One of the vital components identified in the National Tourism Plan was “creating an increased awareness of Bermuda’s world-class sporting product to drive visitation,” Minister of Tourism Development and Transport Shawn Crockwell said. The Minister said sports tourism highlights Bermuda to millions of TV viewers, internet and social media... Read more of this article

Upcoming: “Plates Of Passion” Fine Dining Event

Ten of Bermuda’s top chefs will be partnering with Bermuda College culinary students for the unique “Plates of Passion” dining experience on April 25 as part of Hospitality Month. Each chef team will utilize the same key elements to create their own signature menu and every course will feature fresh, seasonal and local ingredients. There... Read more of this article

Video: Baltimore Oriole In Bermuda Garden

Elizabeth Lusher woke up last Wednesday [Apr. 3] to discover she had a new — and melodic — neighbour. A Baltimore Oriole, a relatively rare North American visitor to Bermuda, had taken up residence in her Pembroke garden.’ “Heard an unusual bird singing outside my window and captured this video of a lone male Baltimore Oriole... Read more of this article

Platinum Underwriters Downgraded By Zacks

Bermuda-based Platinum Underwriters was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday [Apr. 8], AnalystRatingsNetwork.com reports. They currently have a $58.30 target price on the stock. The company has a market cap of $1.834 billion and a price-to-earnings ratio of 5.84. Platinum... Read more of this article

“Bermuda Triangle” Action Franchise Planned

Hollywood studio Warner Brothers has closed a mid-six figure deal for “The Bermuda Triangle”, an original script by “12 Rounds” screenwriter Daniel Kunka. While the plot is being kept under wraps, the Deadline Hollywood entertainment website reports the intention is “to use the Bermuda Triangle mythology – planes... Read more of this article

Centre Against Abuse’s Golf Tournament

Bermuda’s Centre Against Abuse is inviting you to tee off for a worthy cause. Organise your foursome now for the Captain’s Choice Golf Tournament at Riddell’s Bay Golf Club is taking place on Friday [Apr. 12]. Registration is at noon and the shotgun start at 1.00 p.m. The $175 Golf Entry Fee includes: round of golf [green fee and golf... Read more of this article

Auditions For “Bermuda Glee” Summer Camp

Don’t stop believin’ … in yourselves is TROIKA Bermuda’s straightforward message to the island’s talented teens. Inspired by the hit TV show, “Bermuda Glee” is TROIKA’s seven-day summer intensive camp running from June 29-July 7 for local students aged from 14 to 18. It’s designed to provide Bermuda’s... Read more of this article

Photos/Video/Results: Weekend Karting Racing

The Bermuda Karting Club season continued at the South Side Moto Sports Park on Sunday [Apr 7]. Scott Barnes powered his number his 9 Kart to three straight victories in TAG Senior Class racing, while Stephen Corrado fought in each race but finished second three times and David Barbosa finished third three times. Barnes then won all three races in... Read more of this article

HSBC Economist Ryan Wang To Speak At AGM

The Bermuda Chamber of Commerce announced this year’s Annual General Meeting keynote speaker, Ryan Wang, HSBC US Economist. Mr Wang is in Bermuda to attend the Luncheon to be held at the Fairmont Hamilton Princess, Gazebo Lounge on 22 April 2013 from 12:30 p.m. to 2 p.m. Mr Wang is going to sharehis knowledge based on economic research in a presentation... Read more of this article

Former Sen. Vince Ingham Resigns From PLP

Former Senator and Parliamentary candidate Vince Ingham has resigned from the Progressive Labour Party. “The PLP can confirm that Mr. Ingham has resigned from the Party,” a PLP spokesperson said. “We thank him for his service to the country as a Senator and for representing the Progressive Labour Party as a candidate in the 2012 election.” Mr... Read more of this article

Nahki Wells Does It Again, Scores 2 More Goals

[Updated] Bradford City’s Nahki Wells pledge to break his recent goal drought has certainly come true, as he scored during this weekend’s game against Northampton and followed that up again today [Apr 9] with two more goals. The Bermudian striker came out firing today at the Coral Windows Stadium, hitting the crossbar with his first attempt... Read more of this article