Category: Business
Glenn Jones: Planning Phases For This Year
“Our planning phases for this year have been long underway and we are focussing on areas where we believe it’s possible to accelerate tourism’s recovery,” Bermuda Tourism Authority [BTA] Interim CEO Glenn Jones said. An email sent out to stakeholders by Mr Jones said, “Year-end tourism statistics released this week are the facts and figures... Read more of this article
Marriott Website Promotes St Regis Resort
Noting that it is due to open in May 2021, the Marriott website is promoting the St. Regis Bermuda Resort, calling it a “haven of oceanfront elegance situated in the historic town of St. George’s.” The Marriott website said, “A haven of oceanfront elegance situated in the historic town of St. George’s, The St. Regis Bermuda Resort... Read more of this article
Third Point Changes NYSE Ticker Symbol
Third Point Reinsurance Ltd. announced that, upon completion of its previously announced merger with Sirius International Insurance Group, Ltd. and in conjunction with the related change of its name to SiriusPoint Ltd., the Company will change its NYSE ticker symbol to “SPNT”. The new symbol is expected to become effective as of the opening... Read more of this article
Apex Announces Acquisition Of FundRock
Apex Group Ltd. announced the final close of the acquisition of FundRock Management Company SA and FundRock Partners Ltd following full regulatory approvals. A spokesperson said, “The FundRock brand will be retained, and will operated as a subsidiary of parent, Apex Group. FundRock’s clients will now benefit from Apex’s long-established... Read more of this article
Bermuda Stock Exchange Report: Feb 15 2021
February 15 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $21,000.00 BD. 1,000 shares were traded by BF&M Ltd, closing up 2.5% at $21.00 per share. The BSX finished at 2,278.34, up 0.20% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
“Easier And More Convenient For Travelers”
One of the changes at the new airport terminal is checking bags before going through US Customs and Border Protection which “makes the process much easier and more convenient for travelers,” Skyport said. Skyport posted the image below online and said, “One of the biggest changes from the old terminal to the new is checking bags before... Read more of this article
HSBC Help Provide 250 Grocery Hampers
HSBC partnered with The Eliza DoLittle Society [TEDS] charity and provided 250 grocery hampers to the community last month. This took place between the 26th and 30th January 2021, and a spokesperson said, “Over the four day period, the distribution of the 250 hampers from the charity’s food bank location in Warwick benefited over 600 individuals. “The... Read more of this article
Argus Group Appoints David Brown As Chairman
Argus Group Holdings Limited announced that it has appointed David A. Brown as Chairman of the Board, effective April 1st. A spokesperson said, “Argus Group Holdings Limited is pleased to announce that it has appointed insurance industry veteran, David A. Brown, as Chairman of the Board, effective April 1st. Mr. Brown will succeed Sheila Nicoll, who... Read more of this article
BEDC To Host ‘Entrepreneurship 101′ Course
Registration is open and enrollment 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
Clarien Donates $2,500 To Alzheimer’s Charity
Clarien Bank has been praised for their donation to a local charity helping those living with Alzheimer’s and dementia in Bermuda, along with their families and caregivers, which will help the organisation revamp its website and start accepting donations online. Grainne Richmond, Treasurer of Action on Alzheimer’s & Dementia [AAD] Bermuda said... Read more of this article
Carey Olsen Moves To New Office At Rosebank
Carey Olsen Bermuda has moved into newly-refurbished and much larger offices at the Rosebank Centre in Hamilton, and the law firm also announced that three new attorneys will join Carey Olsen in the coming weeks “The firm, which celebrated its third anniversary last November, has grown considerably since opening its doors and now has a team... Read more of this article
“BTA Is Recalibrating 2021 Marketing Activity”
“With less airline seat capacity and fewer hotel rooms available in 2021, high volume tourism will be very slow to return” and the BTA is “recalibrating 2021 marketing activity to leverage this luxury traveller trend’ as jetsetters “is a traveller segment Bermuda can win.” These were some of the points made as the... Read more of this article
