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Crime

Bike crash rider fails breath test

A motorcyclist who police watched nearly crash into a wall was arrested after failing a breath test. Police officers on Middle Road in Warwick shortly before midnight on Friday noticed a woman on a motorcycle travelling west near Spicelands Riding Sc...
Feb 25, 2014
Other

Cannabis reform event will ‘not be typical town-hall meeting’

A “public conversation” on cannabis reform will be held tonight by the Cannabis Reform Committee, with a four-person panel presenting on local and overseas perspectives. They will tackle such questions as whether Bermuda’s cannabis policies should be...
Feb 25, 2014
Other

Our very independence is at risk - Richards

Bermuda seems to be in the early stages of an economic recovery, according to Minister of Finance Bob Richards “There seems to a nascent, fragile, embryonic recovery in Bermuda,” Mr Richards told hundreds of business people at the Fairmont Hamilton P...
Feb 25, 2014
Other

Greenrock backs bid to increase energy market competition

Environmental charity Greenrock has backed a bid by Finance Minister Bob Richards to end power firm Belco’s monopoly and generate more power from renewable sources. Greenrock executive director Gordon Johnson said Government should encourage business...
Feb 25, 2014
Local Business

Foreign investors key to recovery

The need for international investment was the main focus at the Chamber of Commerce annual post budget breakfast, along with tourism, education and international business. Minister of Finance Bob Richards spoke on the topics while providing a large a...
Feb 25, 2014
Economy

Island bankers take note of Finance Minister’s broadside

Bankers have declined an opportunity to reply to an attack by Finance Minister Bob Richards on their lending and interest policies as a drag on Bermuda’s recovery from recession. Bermuda Bankers’ Association chief Brendan McDonagh, the chairman and C...
Feb 25, 2014
Letters to the Editor

Farewell Sir Richard Ground

February 23, 2014 Dear Sir, It is with tremendous sadness that I have learned of the passing of our former Chief Justice Sir Richard Ground. Having had the privilege of appearing before him on numerous occasions as a member of the Bermuda Bar, I can ...
Feb 25, 2014
Boxing

Bascome wants improvement

Nikki Bascome, the Bermuda boxer, played down his unanimous points victory over American George Quintero at the Highlands County Fair Convention Centre in Sebring, Florida, on Saturday night. While the 23-year-old junior middleweight was pleased to c...
Feb 25, 2014
Letters to the Editor

Nothing positive to say

Dear Sir I wonder if I might suggest to (Opposition Finance spokesman) David Burt that he spend some time trying to come up with some mildly realistic ideas that might complement what has to be one of the most well thought out budgets in recent memor...
Feb 25, 2014
Local Business

WOW shakes up telecoms market with bundle offer

Digital TV provider WOW is to muscle in on the telecoms market with a package including phone, internet and television services that could help drive prices down. WOW president and CEO Stanley Wright said the firm is to offer a range of packages — wi...
Feb 25, 2014
Local Business

Cost-cutting helps Butterfield to triple net income

Butterfield Bank today announced that full-year net income more than tripled to $78.2 million in 2013. Core earnings, which eliminate items “outside the course of normal business”, were up 39.5 percent to $76.6 million. In its earnings statement toda...
Feb 25, 2014
Bermuda Stock Exchange

BSX rises on insurance and banking trades

The Bermuda Stock Exchange advanced 6.22 last week, closing at 1,284.48. Some 20,490 shares moved with a valued of $174,018.80. Those numbers incorporate Bank of NT Butterfield Preference Shares closing at 1,182.00, down 6.00 on 38 trading. Butterfi...
Feb 24, 2014
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