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Local Business

R&Q completes redomicile to Bermuda, moves CFO here

Calling itself the largest independent captive manager in Bermuda, Randall & Quilter has announced it has completed its redomicile to the Island. In announcing first-half results, R & Q disclosed that its redomicile to Bermuda was “aimed at providing...
Aug 30, 2013
Crime

"Marlboro Man: Store robbed of two cartons of cigarettes"

A man who stole cigarettes from a Front Street store is being sought by police. The man took two cartons of Marlboro cigarettes from Onion Jack’s Trading Post around 10.30am on Wednesday. A clerk at the store was not injured. A police spokesman said ...
Aug 30, 2013
Budget

"Furbert: Unions are mulling an end ‘free ridership’"

Bermuda Industrial Union President Chris Furbert has joined calls for the unemployed to make their presence felt on Labour Day. And he said his union will continue pushing for changes to some of the Island’s labour laws. In a wide-ranging interview, ...
Aug 30, 2013
Local Business

"Inflation falls month-over-month"

Inflation has declined month-over-month, but consumers were paying 1.8 percent more in July 2013 than they did a year ago for the basket of goods and services included in the Consumer Price Index (CPI). July’s CPI was released today by the Departmen...
Aug 30, 2013
Other

"Call for tighter enforcement of dangerous dog rules"

An animal advocacy group claims dangerous dog regulations need to be enforced in order to crack down on irresponsible owners. The Society for the Prevention of Cruelty to Animals spoke out after a 13-year-old boy was attacked by a rottweiler. The te...
Aug 30, 2013
Court

"Bermudian fined for cocaine offence in UK"

A Bermudian man has landed before the UK courts after yet again after being caught in possession of crack cocaine. Kareem Musson, 31, who is originally from Smith’s, was arrested by police earlier this month after they carried out a search of a home ...
Aug 30, 2013
Other

"Opening hours change at Tynes Bay drop-off"

New hours for public drop off will be starting at Tynes Bay as a “cost saving measure,” a Government spokesperson said. Starting September 1, the facility will be open on weekdays from 9am to 6pm, on Saturdays from 7am to 7pm and on Sundays from 1pm ...
Aug 30, 2013
International Business

"Fitch: Global reinsurance outlook remains stable"

Fitch Ratings have forecast that insurance pricing will decline, while their outlook for global reinsurance sector ratings is stable. The agency expect to affirm most of their current reinsurance ratings in 2014. Capital strength and continued profit...
Aug 30, 2013
Other

"Today’s 10am Warwick, Paget ferry run cancelled"

Today’s 10am ferry service from Hamilton to Paget and Warwick has been cancelled while Marine and Ports staff hold a union meeting. That discussion, scheduled for 9.30am, is expected to last one hour. A Ministry of Transport spokesman said no other s...
Aug 30, 2013
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