Category: Business

Orange Bay Opens New Designer Showroom

Orange Bay Company announced the opening of its newest Designer Showroom. A spokesperson said, “This latest addition marks a significant milestone for the company, now boasting three meticulously curated showrooms [Designer, Main & Home Goods], offering an unparalleled shopping experience to its community of shoppers. “Founded by Delight... Read more of this article

One Comm Volunteers With Meals On Wheels

One Communications employees volunteered with Meals on Wheels this month. A spokesperson said, “One Communications reaffirms its dedication to community service by once again supporting Meals on Wheels throughout the month of February. Volunteers returned to make a positive difference in the lives of community members in need. “As a community-driven... Read more of this article

Reinsurance CEOs To Share Insights At Summit

A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry’s future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency [BDA], in partnership with the Association of Bermuda Insurers and Reinsurers [ABIR] and EY. The... Read more of this article

Bank Of Butterfield Notice Of Share Ownership

In a filing with the Bermuda Stock Exchange, The Bank of N.T Butterfield & Son Limited provided notice of shareholder ownership over 5%. The notice said, “Pursuant to BSX Regulation 6.14 [2] [ii] we write to notify the BSX that the following shareholders now hold 5% or more of the Bank’s outstanding ordinary shares: Blackrock Inc –... Read more of this article

Bermuda Stock Exchange Report: Feb 28 2024

February 28 saw 18,500 shares trade on the Bermuda Stock Exchange, valued at $306,050.00 BD. 8,500 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share, while the other 10,000 shares were traded by BF&M Ltd, closing down 0.9% at $25.25 per share. The BSX finished at 2,234.32, down 0.10% on the day. There were 0 advances,... Read more of this article

Businesses Encouraged To Partner With DWD

Businesses encouraged to partner with Department of Workforce Development in providing summer employment opportunities for students in Youth Employment Programmes. A Government spokesperson said, “All local businesses are encouraged to partner with the Department of Workforce Development [DWD] to support the development of our youth and Bermuda’s... Read more of this article

Chamber Set To Hold ‘Data Deep Dive’ Event

The Bermuda Chamber of Commerce will hold an event titled ‘Data Deep Dive’ on March 6. A spokesperson said, “The Bermuda Chamber of Commerce is thrilled to announce a special event, Data Deep Dive, happening on March 6, 2024. This day is set to be an important one for anyone interested in learning about how data can impact Bermuda’s... Read more of this article

Enrolment Opens For Entrepreneurship 101

Registration is open, and enrolment has begun for ‘Entrepreneurship 101’, an entrepreneurship education course hosted by the Bermuda Economic Development Corporation [BEDC]. A spokesperson said, “The Entrepreneurship 101 course provides new and aspiring entrepreneurs with the knowledge, tools, and resources needed to start their businesses... Read more of this article

Fidelis Insurance Holdings Announces Dividend

In a filing with the Bermuda Stock Exchange [BSX], Fidelis Insurance Holdings Limited announced a dividend. The full filing stated, “Resolution of Fidelis Insurance Holdings Limited. Resolved | That a dividend be and it is hereby declared on the Preference Shares of USD 225 per 9.00% Fixed Rate/Floating Rate Preference Share, payable 15 March... Read more of this article

Bermuda Stock Exchange Report: Feb 27 2024

February 27 saw 8,200 shares trade on the Bermuda Stock Exchange, valued at $168,620.00 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $29.50 per share, while another 2,200 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share. 4,000 shares were traded by BF&M Ltd, closing up 10.8% at $25.49... Read more of this article

Sol Delighted To Sponsor Magic Mile Timing

Che Barker, the Sol Petroleum Bermuda Limited retail sales executive, said he is delighted the company will be the timing sponsor for the Skyport Magic Mile on Saturday [March 2]. Mr Barker told Bernews: “Sol Petroleum, along with our Esso service stations, has always felt part of the community, so it’s great for us to be out here as the timing... Read more of this article

Aircare Technicians Complete OHSA Training

Aircare commended 42 technicians for completing their OHSA Training, covering 11 safety topics to ensure adherence to the latest standards. A spokesperson said, “Aircare Lrd today congratulated 42 technicians who have successfully completed their Occupational Health & Safety Association [OHSA] Training. “Held in late 2023, the OSHA... Read more of this article

Little Angels Thrift Store To Close Next Month

Friends of Hospice has announced that Little Angels, its pop-up store in Washington Mall, is to close next month. A spokesperson said, “The thrift and consignment store specialising in children’s clothes, toys and parenting supplies will offer 50 percent off of all priced items with extreme bargains to be had on seasonal children’s clothing.... Read more of this article

Fidelis Partners With Whitney Middle School

Fidelis Insurance Holdings – the Bermuda headquartered global specialty insurance business — announced a partnership with Whitney Institute Middle School. A spokesperson said, “Under the new agreement, Fidelis Insurance will sponsor extra tutoring for certain students between the ages of 11 – 13 for the remainder of the academic... Read more of this article

Butterfield & Mastercard Help Raise $150K

The continued partnership between Mastercard and Butterfield during the 2023 Butterfield Bermuda Championship “played a key role in helping to boost charitable donations by $150,000,” the organisers said. A spokesperson said, “During the 2023 tournament, Mastercard pledged to match the amount of each purchase made by Butterfield Mastercard... Read more of this article

Category: Business

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