Local News From Every Source
| Bacardi said they are “celebrating achieving the internationally-recognized Great Place to Work certification at all its production sites worldwide, as its Global Operations team of almost 4,000 employees praise the family atmosphere, positive work-life balance and exceptional facilities.” A spokesperson said, “The family-owned spirits company has 23 manufacturing sites across 10 countries, where its portfolio of […]
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| Argo Group International Holdings announced financial results for the three months and year ended December 31, 2021. On February 8, 2022, the Company reported that its results for the quarter ended December 31, 2021, would be negatively affected by adverse prior year reserve development and non-operating charges. Argo reported a fourth quarter 2021 net loss attributable […]
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| AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.43 per common share payable on April 18, 2022 to shareholders of record at the close of business on March 31, 2022. In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share [equivalent to $0.34375 […]
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| February 25 saw 4,500 shares trade on the Bermuda Stock Exchange, valued at $96,525.00 BD. 3,500 shares were traded by BF&M Ltd, closing up 31.6% at $18.15 per share, while the other 1,000 shares were traded by Watlington Waterworks Ltd, closing up 8.2% at $33.00 per share. The BSX finished at 2,717.42, up 1.60% on […]
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| The official Government and Legal notices for today [Feb 25] include Bermuda Monetary Authority balance sheets, appointments, permanent resident’s certificate and Bermuda Bar Association barristers and attorneys. Bermuda Monetary Authority Balance Sheets – September to November 2021 Notice Type: Government Notice Notice Sub Type: Public Notification Notice ID: GN0272/2022 Public Authorities / Department: Bermuda Monetary Authority Publication date: […]
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| “This was not a responsible Budget. Instead, it felt like a political one — an election budget.” One Bermuda Alliance [OBA] Leader Cole Simons today. Mr Simons said, “Residents of Bermuda have all been waiting to hear the 2022/2023 Budget with anticipation. “It’s no secret that many are struggling to make ends meet. It was hoped that this […]
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| Saturday, February 26 is expected to see a bright start, a few passing showers from evening onwards, with the high to be near 22°C/72°F and the low to be near 18°C/65°F, according to the Bermuda Weather Service. Winds are expected to be west. The relative humidity is expected to be near 81%. Sunrise will be […]
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| The Bermuda Football Association [BFA] announced three postponed matches and a time change. A spokesperson said, “Due to a shortage of officials; please take note of the following postponed matches:- The First Division match between Vasco and St Davids scheduled for Saturday, February 26th – 3:00pm at S’Oval The First Division match between Ireland and BAA […]
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| Following the delivery of the 2022/23 Budget this morning [Feb 25] by Premier and Minister of Finance David Burt, PwC Bermuda released a highlight summary sheet. View all our coverage of the 2022 Budget here and our live blog here. The summary below was provided by PwC: Related Stories Car Licensing Fees To Be Reduced By […]
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| Following the delivery of the 2022 Budget by Premier and Minister of Finance David Burt this morning [Feb 25] in the House of Assembly, Deloitte released a ‘Budget Snapshot’, which highlights some of the key points from the Budget Speech, and follows in full below. You can click here to view our live blog, and […]
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| Daniel Phillips recently concluded competing in doubles in the J5 Guatemala International Tennis Tournament, falling in the semi-finals with his partner Itai Vasershtein from Israel. In their quarter-final round match-up, Phillips and his partner took on Tommy Czaplinski from the United States and Diego Duran from El Salvador; the match would need a third set […]
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| Bermudian cyclists Conor White, Liam Flannery, Zander Miller, Nicholas Narraway, and Dominque Mayho continued racing the XLIII Vuelta Ciclística Independencia Nacional in the Dominican Republic. The fourth day of racing began in Santo Domingo heading to Samaná passing with a 178-kilometer tour. White was the top Bermuda rider on the day crossing the line in […]
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| A group of military aircraft left Bermuda earlier today [Feb 25] and some of them appeared to return shortly after. They appear to be Eurofighter Typhoons, and the Eurofighter website says, “Eurofighter Typhoon is the world’s most advanced swing-role combat aircraft providing simultaneously deployable Air-to-Air and Air-to-Surface capabilities. “It is in service with 7 customers and […]
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| The Progressive Labour Party extended their condolences to the family of former PLP Member of Parliament, Mr. Walter King. A spokesperson said, “Mr. King was a renowned golfer, who was the first Bermudian to win the Bermuda Open Golf Championships in 1970 and was also the 1st Golf Pro at the Port Royal Golf Course. […]
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| The Government is cutting vehicle licensing fees for private cars by 10%, $5 million has been budgeted to purchase additional new buses and to refit one of our fast ferries, $1 million has been allocated for a new islandwide CCTV system, registered charities who earn a majority of their funds from donations are exempt from […]
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| For those seeking a quick visual view of the 2022 Budget delivered in the House of Assembly by Premier David Burt this morning [Feb 25], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2021 Budget are here, 2020 Budget are here, 2019 Budget are here, 2018 Budget are here, 2017 Budget are here, […]
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| “This year, to provide further relief across the board to all residents, the Government is cutting the vehicle licensing fees for private cars by 10%,” Premier and Minister of Finance David Burt said. In delivering the 2022 Budget today, Premier Burt said, “It has long been a known irritation in Bermuda that the birthday gift […]
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| Daniel Augustus finished T13th at the Battle at The Bear which is on the Florida Elite Golf Tour at the Golden Bear Club at Keenes Pointe. Daniel Augustus’ Battle at The Bear Second Round Scorecard 01 – 4 – Par 02 – 4 – Birdie 03 – 5 – Bogey 04 – 4 – Birdie […]
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| [Updates to begin at around 10am] Premier and Minister of Finance David Burt is set to deliver the 2022 Budget in the House of Assembly this morning [Feb 25]. The live video will start when the Budget starts – which is normally at just past 10am We will be covering the Budget all day, providing […]
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