RSSCategory: Business

18 People Certified As Guest Room Attendants

18 People Certified As Guest Room Attendants

Following a two-week training course, 18 participants have been trained as guest room attendants, with the public-private partnership resulting in participants earning the American Hotel and Lodging Certification as a Guestroom Attendant. The programme was launched by the Bermuda Hospitality Institute, Fairmont Southampton, Ministry of Education &... Read more of this article

Photos: New Medical Clinic To Open In Hamilton

Photos: New Medical Clinic To Open In Hamilton

Bermuda Medical Specialties Group [BMSG] is planning to open a new medical practice on Reid Street in Hamilton, with the 6,500 sq feet facility featuring 9 exam rooms, 4 diagnostic rooms, an infusion/blood donation suite, a procedure room and more. The business — co-founded by Dr. Arlene Basden and businessman Marico Thomas — plans to employ over... Read more of this article

Enstar Group Reports 2017 Year End Results

Enstar Group Reports 2017 Year End Results

Bermuda-based Enstar Group Limited filed its annual report on Form 10-K with the SEC, reporting its earnings and financial position for the year ended December 31, 2017. Enstar reported consolidated net earnings of $311.5 million [or $15.95 per fully diluted share] for the year ended December 31, 2017compared to $264.8 million [or $13.62 per fully diluted... Read more of this article

Somers Ltd February 2018 Share Repurchases

Somers Ltd February 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announced that during the month of February 2018, Somers purchased 100 of its own common shares at an average cost of $14.25 per share. The Shares will be cancelled with immediate effect. The number of common shares in issue as at February... Read more of this article

Bermuda Wedding Expo Have ‘No Affiliation’

Bermuda Wedding Expo Have ‘No Affiliation’

BermudaExpo.com and Bermuda Wedding Expo have “absolutely no affiliation with this event” and “cannot vouch for its validity” of today’s event, as the “management was never contacted by the host as a courtesy or heads-up prior to their advertising and marketing launch,” the Bermuda Expo Management said. A spokesperson... Read more of this article

Minister: “Coordinated Marketing Blitz” In NY

Minister: “Coordinated Marketing Blitz” In NY

Minister of Economic Development and Tourism Jamahl Simmons provided an overview of his  recent visit to New York City for meetings and marketing events, which were part of a “coordinated marketing blitz.” Speaking in the House of Assembly on Friday [March 2] the Minister said that along with Bermuda Tourism Authority CEO Kevin Dallas... Read more of this article

Argus Sponsors Triple Challenge Opening Race

Argus Sponsors Triple Challenge Opening Race

The Argus Group is sponsoring the opening event for the third year at the upcoming Bermuda Triple Challenge on March 16. The Argus Urban Foot Race will take place on the opening night of the annual three-day fitness event. Runners will race around a route in St George’s that leads them through a course featuring 27 obstacles over three kilometres.... Read more of this article

ABIC Panel Speaks To CedarBridge Students

ABIC Panel Speaks To CedarBridge Students

Twice a year, the Association of Bermuda International Companies [ABIC], takes a panel of young professionals in international business to speak to students at The Berkeley Institute and CedarBridge Academy about their careers. Last week the panel presented to the combined S2 and S3 student assembly at CedarBridge. In addition to providing career information... Read more of this article

Shipping Schedule: Week Starting March 3

Shipping Schedule: Week Starting March 3

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday March 3rd. On Tuesday the Oleander container ship is expected, on Wednesday the Polaris Ace vehicles carrier will arrive, and on Friday the Bermuda Islander container ship is scheduled to arrive. The weekly shipping schedule,... Read more of this article

Assured Acquires Minority Interest In Rubicon

Assured Acquires Minority Interest In Rubicon

Bermuda-based Assured Guaranty Ltd., announced that its subsidiary Assured Guaranty US Holdings Inc. [AGUS] acquired a minority interest in Cadia [Malta] Limited [CML], the holding company of Rubicon Infrastructure Advisors [Rubicon]. Rubicon is a full-service investment banking firm active in the global infrastructure sector. Rubicon has advised on... Read more of this article

Bermuda Stock Exchange Report: March 2 2018

Bermuda Stock Exchange Report: March 2 2018

March 2 saw 8,600 shares trade on the Bermuda Stock Exchange, valued at $366,550.00 BD. 8,100 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.1% at $45.00 per share, while another 500 shares were traded by West Hamilton Holdings Ltd, closing down 31.7% at $4.10 per share. The BSX finished at 2,536.71, down 0.98% on the day. There... Read more of this article

BTA Launch ‘Faces Of Tourism’ Video Series

BTA Launch ‘Faces Of Tourism’ Video Series

The Bermuda Tourism Authority is celebrating people on the frontline of the tourism industry in a recently launched campaign called Faces of Tourism. “The campaign is primarily video, which debuted during the movie previews at Speciality Theatre – timed specifically to coincide with the opening of Black Panther last month. The videos are also... Read more of this article