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Bermuda Stock Exchange

Three stocks fall on BSX

Falls in the share price of Butterfield Bank, Argus Group Holdings Ltd and Ascendant Group Ltd weighed on The Royal Gazette/BSX Index today. Butterfield slid by one cent, or 0.5 percent, to $1.99 as 96,912 shares traded. Insurer Argus suffered the bi...
Sep 17, 2014
Other

Police clinics to be held today

The Police Community Action Team will holding clinics today at both Lindo’s Market in Devonshire (12 noon until 4pm) and the Shelly Bay MarketPlace in Hamilton Parish (4.00pm until 6.00pm). Residents will given the opportunity to voice their concerns...
Sep 17, 2014
International Business

OECD pledges fresh offshore tax avoidance clampdown

By Raymond Hainey A fresh crackdown on tax avoidance by global firms has been launched by an international watchdog. And an end to a loophole where internet giants Google can channel billions of dollars of profits earned elsewhere to Bermuda has been...
Sep 17, 2014
Other

Jeffers named COO of global marketing association

Bermudian Charles Jeffers II has been named chief operating officer of Destination Marketing Association International (DMAI) in Washington, DC. Mr Jeffers, a former law researcher for the Supreme Court of Bermuda, currently serves as senior vice-pre...
Sep 17, 2014
Other

Front Street crash

Two cars have been damaged on Front Street after they were reportedly struck by a truck earlier this evening. Police are currently attending the scene, located west of the junction with Burnaby Street. The truck is thought to have collided with the ...
Sep 17, 2014
Other

New visiting rules

Visiting rules for the new acute care wing of King Edward VII Memorial Hospital have been issued. Bermuda Hospitals Board is asking visitors to check in at the front desk in the main lobby so staff know who is in the building at all times for safety ...
Sep 16, 2014
Local Business

Small firms using Jobber site to seek full-time staff

Although just months old, cyber business Jobber.bm has entered a new stage of maturity, and is now being used as a tool for small businesses to find employees. From its start as a website seeking bids for casual, short-term tasks such as event staffi...
Sep 16, 2014
Other

Hayward’s 40 years as activist

Marking 40 years as an environmental activist, Stuart Hayward will address Hamilton Rotary Club today on the latest initiatives of the Bermuda Environmental Sustainability Task Force. “Admiralty House Park was my first open space campaign and my firs...
Sep 16, 2014
Other

Rescued pair thought about paddling to shore

The rescuer of a couple stranded miles offshore for two nights after their boat broke down has recounted their lucky discovery. “I thought they were joking at first, saying they’d been out there for nearly three days,” Chris Gauntlett, a Captain with...
Sep 16, 2014
Reinsurance

JLT Towers Re to rebrand and expand in US

A global reinsurance broker with offices in Bermuda is targeting expansion in the US. JLT Towers Re — soon to change its name to JLT Re — said it would increase its presence in America through recruitment and buy-ups of other companies. And CEO Mike ...
Sep 16, 2014
Other

Hundreds urge Govt to save shelter

More than 350 people have signed a petition calling on Government to help the cash-strapped Centre Against Abuse. Residents are being urged to back the movement, which calls for an annual grant of $200,000 to help to reopen the safe house for domest...
Sep 16, 2014
Reinsurance

PwC tells reinsurers: Differentiate or disappear

Reinsurance buyers are demanding more specialised and targeted solutions — and reinsurers that fail to meet their needs are vulnerable. That is the view of professional services firm PwC, expressed in a report entitled ‘Reinsurance 2020: Taking contr...
Sep 16, 2014
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