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More than 150 jobs have been axed in two shock announcements that will shake Bermuda's economy.
A total of 105 jobs are to go at Citi Hedge Fund Services as it relocates to the US and Canada in a cost-cutting measure.
All staff have been offered the ...
DATE: Sep 30, 2011
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The City of Hamilton has donated $5,000 to the late-night Let Us Drive taxi service.
The programme runs from 3.15am to 3.45am on Friday nights.
Deputy Mayor Glen Smith commended the initiative, which gives people on the town late on Friday nights a “...
DATE: Sep 30, 2011
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AUTHOR:
Jonathan Bell
Winds, rain and rough seas are forecast to arrive late today as hurricane Ophelia bears down on the Island.
Now at Category One, Ophelia, 580 miles south of Bermuda this morning, was predicted to pass 135 miles to our east-southeast around 6pm tomorr...
DATE: Sep 30, 2011
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Cooper's Island is returning to its former use as a tracking station this year, with the European Space Agency (ESA) setting up temporary facilities at the site.
According to a Government spokeswoman the ESA has completed the first stage of setting u...
DATE: Sep 30, 2011
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AUTHOR:
Owain Johnston-Barnes
Trying to get accurate information from Andre Curtis was like "pulling teeth," according to a Government financial controller.
Mr Curtis is on trial at Supreme Court accused of stealing more than $130,000 from the Faith-Based Tourism initiative Gover...
DATE: Sep 29, 2011
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A total of 105 jobs have been axed from Citi Hedge Fund Services as the unit relocates some of its functions to North America, The Royal Gazette can reveal.
It is understood that all staff will be offered the opportunity to relocate to North America....
DATE: Sep 29, 2011
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Tropical Storm Ophelia has officially been upgraded to a category one hurricane that will come within 120 miles of Bermuda on Saturday.
The current forecast has Ophelia's closest point to the Island at 6pm on Saturday, when she will be 117 miles east...
DATE: Sep 29, 2011
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Mr Justice Ian Kawaley is to be the next Chief Justice, Governor Sir Richard Gozney announced this morning.
In a statement he said: “As has long been publicly known, Chief Justice, Richard Ground, will be retiring on March 21, 2012.
“I would like t...
DATE: Sep 29, 2011
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Bermuda-based Ignition Ltd has announced that it received an overall satisfaction rating of 87.7 percent in its first customer satisfaction survey.
The survey was conducted as part of Ignition’s on-going efforts to strive for strong customer satisfac...
DATE: Sep 29, 2011
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Telecoms company bosses have expressed shock and concern that wireless services provider Digicel’s acquisition of internet service provider Transact was approved by Government.
Executives of TeleBermuda International (TBI), KeyTech and North Rock Com...
DATE: Sep 29, 2011
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