Category: Business
Bermuda Stock Exchange Report: Sept 10 2019
September 10 saw 25,000 shares trade on the Bermuda Stock Exchange, valued at $68,750.00 BD. 25,000 shares were traded by LOM Financial Limited, closing down 0.7% at $2.75 per share. The BSX finished at 1,992.61, down 0.01% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
BEDC Data Privacy & Cybersecurity Course
The TLC Group, in partnership with the BEDC, is offering a 4-week, Bermuda focused data privacy & cybersecurity course starting on Tuesday, October 8 in the BEDC training room. A spokesperson said, “Data privacy & protection are now legal requirements and can no longer be an after-thought for Bermuda businesses. “This course will... Read more of this article
Vacation Rental Renewal Deadline Extended
The Ministry of Tourism and Transport announced that the deadline for the renewal of vacation rental properties has been extended. A Government spokesperson said, “The Ministry of Tourism and Transport has extended the deadline for the renewal of vacation rental properties. All current vacation rental property owners that do not fall under rent... Read more of this article
Chamber To Host Info Session On Life Insurance
The Bermuda Chamber of Commerce will host a Lunch and Learn Information Session open to members and non members on Life Insurance, to be held on-site in the Chamber Boardroom on Tuesday September 17th, from 12:00pm – 2:00pm. The session hosted by Freisenbruch-Meyer Life Sales Agents Mr. Damir Armstrong and Ms. Jessica Maiato, will explore the benefits... Read more of this article
12 Graduate From Colonial Internship Program
This year marked the introduction of Colonial’s inaugural internship program, with Chelsea Rodrigues, Christian Petty, Donnauri Robinson, Ezra Turner, Jordan Smith, Julianna Brewer, Kiara [Starr] Rogers, Makyla Callender-Jones, Marley Hines, Sacara Phillips, Tierrai Tull, and Yusef Bushara making up this year’s group. A spokesperson said, “Colonial... Read more of this article
Western Union Waives Bahamas Transaction Fee
Western Union will provide zero-fee transactions at most Western Union retail agent locations to The Bahamas, from September 9 until September 16, 2019. A spokesperson said, “Today, Western Union – a global leader in cross-border, cross-currency money movement and payments, and the Western Union Foundation announced a multi-faceted response... Read more of this article
Restructuring At Butterfield, Jobs Being Moved
Due to a “restructuring” that will result in some Bermuda-based positions being moved to Canada, twelve Butterfield employees in Bermuda “were given advance notice that their positions will be moved in the coming months” and “Butterfield is working to find alternative roles within the Bank for impacted employees.” A... Read more of this article
Bermudian Associates Seconded To Hong Kong
Walkers have announced that two of its Bermudian associates, Shannon Dyer and Ben Green, will be seconded to the firm’s Hong Kong office in October. A spokesperson said, “These moves are being made in response to the continued growth in demand for Bermuda legal services in the firm’s Asia offices and to provide Walkers’ Bermuda... Read more of this article
Bermuda Stock Exchange Report: Sept 9 2019
September 9 saw 37,789 shares trade on the Bermuda Stock Exchange, valued at $172,063.60 BD. 36,700 shares were traded by One Communications Ltd, closing even at $3.75 per share, while another 800 shares were traded by Ascendant Group Limited, closing down 2.9% at $33.00 per share. 289 shares were traded by Bank of N.T. Butterfield Ltd, closing at an... Read more of this article
Angelina Hayward-Simas Opens Dance School
They say dancing is like dreaming with your feet. And for those who would like to join in the dream but who either lack the training or feel their moves are rusty, the new Vision School of Dance will soon be offering lessons for everything from ballet to hip hop to jazz. Located on the upper floor of the TreeCon Building on Cemetery Road, the opening... Read more of this article
BF&M Reports Half Year Net Income Of $11.4M
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited today [Sept 9] announced net income for the six months ended 30th June 2019. The full filing stated, “BF&M Limited today reported shareholders’ net income for the six months ended 30th June 2019 of $11.4 million. Shareholders’ net income for the comparative six month... Read more of this article
AXA XL Announce Executive Appointments
AXA XL announced executive appointments in a “new simplified Reinsurance organizational structure, aligned around its key markets and intended to enhance the focus on its payer to partner strategy.” The company said, “AXA XL currently has four reinsurance underwriting regions: London, led by Rob Littlemore; Bermuda, led by Jonathan... Read more of this article
