RSSCategory: Business

Pre-Father’s Day Pamper Party At Spa Oasis

Pre-Father’s Day Pamper Party At Spa Oasis

Unique Global Events and Services announced the inaugural Cater to You Pre-Father’s Day Pamper Party on Saturday, June 15th, 2024, offering a bespoke spa experience tailored exclusively for fathers at Spa Oasis. A spokesperson said, “This Father’s Day, make the most of your time and treat yourself or that special father in your life... Read more of this article

Glenn Jones Nominated For Three Emmys

Glenn Jones Nominated For Three Emmys

Bermudian journalist Glenn Jones and NBC 10 Boston have been nominated for three Emmys in the 47th Boston/New England Emmy Awards. The nominations were for ‘Sneaker City: From the Ground Up’ in the Magazine Program category, ‘Lewiston Maine Mass Shootings’ in the Breaking/Spot News-multiple Reports category, and ‘Veteran... Read more of this article

Apex Group Acquires IP Management Company

Apex Group Acquires IP Management Company

Apex Group has acquired IP Management Company, a South African unit trust management firm. A spokesperson said, “Apex Group Ltd. [Apex Group or The Group], a global financial services provider, today announces its acquisition of IP Management Company [RF] [Pty] Ltd [IPMC], a South African unit trust management company [ManCo]. “This follows... Read more of this article

Shipping Schedule: Week Starting April 20

Shipping Schedule: Week Starting April 20

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 20th. On Saturday the Jasper Arrow vehicles carrier is expected, on Sunday the Norwegian Getaway and the Norwegian Gem cruise ships, the Oleander container ship and the Kas Kiara oil products tanker will arrive,... Read more of this article

Teenager Olly Cherry Creates Tourism Website

Teenager Olly Cherry Creates Tourism Website

[Written by Stephen Wright] Teenager Olly Cherry has launched a tourism service, Bermuda Your Way, offering a “unique and bespoke” travel experience for visitors to the island. The 17-year-old, who initially developed the idea as part of a school project at Somersfield Academy, is passionate about the island and believes it more than fulfils the... Read more of this article

Bermuda Stock Exchange Report: April 19 2024

Bermuda Stock Exchange Report: April 19 2024

April 19 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $20,670.00 BD. 600 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $30.25 per share, while another 400 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share. The BSX finished at 2,282.64, even on the day. There were 0 advances, 0... Read more of this article

Food Up 3.1% Annually, Up 0.1% Monthly

Food Up 3.1% Annually, Up 0.1% Monthly

On an annual basis the food sector increased 3.1% and on month to month basis it increased 0.1% in November, according to the recently released November Consumer Price Index. As far as year to year food prices, the report said, “The Food sector increased 3.1 per cent. The major contributors to the annual increase in the sector were the average cost... Read more of this article

Conyers Trust Services Promotes Trey Tucker

Conyers Trust Services Promotes Trey Tucker

Conyers Trust Services has announced the promotion of Trey Tucker to Trust Administrator. A spokesperson said, “Conyers Trust Services [Bermuda] Limited [Conyers Trust] is pleased to announce the promotion of Trey Tucker to the position of Trust Administrator. This achievement reflects Conyers’ commitment to nurturing talent and fostering... Read more of this article

November Consumer Price Index: Inflation 3.1%

November Consumer Price Index: Inflation 3.1%

Consumers paid 3.1% more in November 2023 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry of Economy and Labour released the November 2023 CPI from the Department of Statistics today. “In summary, consumers paid 3.1 per cent more in November... Read more of this article

Patrick Tannock To Retire As ABIC Chair

Patrick Tannock To Retire As ABIC Chair

Patrick Tannock is to retire as Chairman of the Association of Bermuda International Companies [ABIC] after close to 10 years in the role. A spokesperson said, “He will stay on until the ABIC Board of Directors has chosen a successor, to ensure a smooth transition. “Mr. Tannock recently announced his intention to retire as Chief Executive... Read more of this article

Watlington Waterworks Declares $0.25 Dividend

Watlington Waterworks Declares $0.25 Dividend

In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. announced a declaration of dividend in the amount of BD$0.25 per share. The full filing stated, “At a recent meeting of the Board of Directors, it was agreed that a dividend in the amount of BD$0.25 per share will be declared to the shareholders of record as at 14 June... Read more of this article

Bermuda Stock Exchange Report: April 18 2024

Bermuda Stock Exchange Report: April 18 2024

April 18 saw 400 shares trade on the Bermuda Stock Exchange, valued at $12,100.00 BD. 400 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.4% at $30.25 per share. The BSX finished at 2,282.64, down 1.73% on the day. There were 0 advances, 3 declines, and 48 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Convex Group Releases 2023 Financial Report

Convex Group Releases 2023 Financial Report

Convex Group disclosed its financial outcomes for the period concluding on December 31, 2023. A spokesperson said, “Convex Group Limited [Convex], the international specialty insurer and reinsurer, today announces its financial results for the year ended 31 December 2023. Highlights Gross written premium: $4,217.6 million, an increase of 39%... Read more of this article

Bermuda Stock Exchange Report: April 17 2024

Bermuda Stock Exchange Report: April 17 2024

April 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,322.87, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: April 19 2024 Bermuda Stock... Read more of this article

Deanna Trott Wins Abbott Real Madrid Prize

Deanna Trott Wins Abbott Real Madrid Prize

Deanna Trott emerged as the winner of the Abbott Real Madrid promotion, receiving an all-expenses-paid trip to Madrid, Spain, courtesy of Bermuda General Agency Ltd. A spokesperson said, “The Abbott Real Madrid promotion, brought to you by Bermuda General Agency Ltd, has selected its winner and Deanna Trott is the big winner for 2024. “The... Read more of this article

LOM Financial Company Share Repurchases

LOM Financial Company Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], , LOM Financial Limited announced company shares purchased a total of 10,000 shares. The full filing says, “LOM Financial Limited, has announced that the Company purchased a total of 10,000 shares at an average price of $6.25 for cancellation during March 2024, pursuant to Regulation 6.38 of the... Read more of this article