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Business
  • New company to play critical role in sailing event
By Raymond Hainey

A new firm has been set up by Government to help run the America's Cup yacht races.
  • Allianz the lead reinsurer for missing AirAsia jet
By Lawrence White

HONG KONG (Reuters) ? German insurer Allianz said yesterday it was the lead reinsurer to the AirAsia jet missing off the Indonesian coast with 162 people on board, making it the third major airline accident it has been involved in this year.
  • Hospitality networking event at Elbow Beach


Students interested in pursuing a career in the hospitality sector have a follow-up opportunity after yesterday's career fair at the Fairmont Hamilton Princess, writes Scott Neil.
  • Hundreds attend Princess job fair
By Scott Neil

A career fair at the Fairmont Hamilton Princess Hotel attracted hundreds of people, with some of the keenest getting in line well before the doors opened.
  • Tepper says S&P 500 to gain 8-10% next year
By Pierre Paulden

NEW YORK (Bloomberg) ? Billionaire hedge-fund manager David Tepper said the Standard & Poor's 500 Index could rise eight per cent to ten per cent in 2015 as central bank efforts to battle inflation elevate asset prices, according to CNBC.
  • Burger chain Shake Shack orders up an IPO


NEW YORK (AP) ? Shake Shack is bringing its burgers, milkshakes and crinkle-cut fries to Wall Street.
  • Why the US will power global economy in 2015
COMMENTARY by Christopher Rugaber, AP Economics Writer

The United States is back, and ready to drive global growth in 2015. After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.
  • Do you need life insurance?


Quite often deciding whether to buy life insurance is one of the most important decisions you will make in your financial life. However, it is a decision that most of us will put off until something happens that hits close to home. That's really not too surprising since we all have a built in mechanism that puts off thinking about death, but that kind of procrastination can be devastating to a family or business.
  • Putin cuts vodka prices


MOSCOW (Bloomberg) ? Russia will make vodka cheaper next year after a campaign to fight alcoholism through higher prices drove some consumers to switch to bootleg spirits.
  • Abe eyes corporate tax cuts to encourage businesses to spend
By Masaaki Iwamoto and Kyoko Shimodoi

TOKYO (Bloomberg) ? Japan should cut the tax rate on corporate income by 3.29 percentage points over two years to encourage companies to raise wages and boost investment, according to a proposal from Prime Minister Shinzo Abe's ruling party.
  • Oil price falls despite Libya port attack
By Mark Shenk

LONDON (Bloomberg) ? Oil fell amid speculation that an escalating conflict in Libya won't curb supply enough to shrink a global surplus that's driven crude into a bear market.
  • Russia's economy shrinks for first time since 2009
By Olga Tanas

MOSCOW (Bloomberg) ? Russia's economy had its first decline since October 2009 last month as manufacturing and investment shrank when a currency rout pushed the rouble to a record low.
  • S&P 500 extends milestone gains
By Joseph Ciolli and Inyoung Hwang

NEW YORK (Bloomberg) ? The Standard & Poor's 500 Index rose, approaching a third straight yearly advance and extending gains after equity gauges climbed past milestones last week.
  • BSX holds steady


Butterfield Bank was the only trader on The Royal Gazette/BSX Index on the first day of trading after the Christmas break.
  • Technology shares rally


TORONTO (Bloomberg) ? Canadian stocks rose for a third day, extending a three-week high, as banks posted the longest winning streak in more than a year while energy producers pared gains as crude slumped to a five-year low.
  • Shares climb on stimulus


SYDNEY (Bloomberg) ? Asian stocks rose, led by a surge in Chinese shares, amid optimism government steps to spur lending will bolster growth. Japanese shares reversed gains following a report that a man is being tested for Ebola in Tokyo.
Lifestyle
  • Help to trace your family tree
By Jessie Moniz Hardy

Researching a family tree can be like untangling a ball of yarn for some Bermudian families.
  • Hit reality show's ratings plummet
By Emily Yahr

(The Washington Post) ? Ah, December 2013. Do you remember? The internet whipped itself into a frenzy when a reality star gave a controversial interview.
  • Facebook ... coming to a TV near you
By Jessica Contrera

(The Washington Post) ? Forget scrolling through Facebook while you're watching TV ? soon you can watch Facebook on TV.
  • Discover the artistry of planting design
By Adrian Higgins

(The Washington Post) ? Horticulture is not a field that attracts enough young people ? this is a constant lament of garden directors I meet.
  • Libra: refrain from spending money


CELEBRITIES BORN ON THIS DAY: Eliza Dushku, 34; Laila Ali, 37; Tiger Woods, 39; Matt Lauer, 57.
News
  • Pembroke man charged with Edness murder
By Lisa Simpson

A 21-year-old Pembroke man is in custody after being charged in Magistrates' Court yesterday with the killing of Prince Barrington Edness.
  • Ending conscription 'irreversible'
By Rebecca Zuill

The decision on whether the Bermuda Regiment should become an entirely volunteer force or manned through conscription is left "in principle to the Government and Parliament," Governor George Fergusson has said.
  • Lion carving discovery at Casemates
By Jonathan Bell

A chance discovery during a sports event at the old Casemates prison has brought to light what could be an intriguing fragment of history.
  • Yacht club gets planning go-ahead
By Owain Johnston-Barnes

The Royal Bermuda Yacht Club (RBYC) has been given planning permission to improve its Hamilton headquarters.
  • Ankle monitor shortage 'is not unusual'
By Lisa Simpson

An apparent shortage of electronic monitoring devices ? aimed at tracking those who are facing criminal charges ? is not unusual, according to the Ministry of National Security.
  • Son admits stealing from his dad
By Lisa Simpson

A Southampton man has been sentenced to 60 days in prison after he admitted stealing from his father.
  • Fed up with garage 'junkyard'


Dear Sir,
  • Women deny Front Street fight
By Lisa Simpson

Two women denied fighting on Front Street when they appeared in Magistrates' Court yesterday.
  • Sailor Paris ends record bid
By Jonathan Bell

It's the end of the line for solo around-the-world sailor Stanley Paris, whose yacht Kiwi Spirit was yesterday moored in Cape Town, South Africa, after suffering damage to his boat on Christmas Eve.
  • Manhunt reports ? 'It was probably just bait fishing'
By Jonathan Bell

An apparent search by night of the waters near the Grotto Bay Beach Hotel most likely had a more innocent motive than some guests suspected, after they reported seeing what they took to be police engaged in a manhunt.
  • Hind to launch own ukulele design
By Sarah Lagan

Local musician Mike Hind is on a roll ? he is not only planning the launch of a six-album CD series, but is also anticipating the launch of his limited edition ukulele design at a big trade show next month.
  • NY Rangers' Island cruise
By Owain Johnston-Barnes

New York hockey fans will be invited to visit Bermuda this summer and get a chance to meet a group of former New York Rangers on a unique cruise to the Island.
  • Chef on the up after seasoning sell-out success
By Jonathan Bell

It's been a very successful year for entrepreneurial Bermudian chef Michiko Campbell, whose line of seasonings sold out completely over Christmas.
Overseas
  • Rescuers prevent 'slaughter at sea'


BARI, Italy (Washington Post) ? Battling a gale-force storm and monster waves, rescue crews used helicopters to pluck more than 420 people from the frigid decks of a Greek-operated ferry crippled by fire in the Adriatic Sea. At least ten people died before the all-night operation was complete, officials said yesterday.
  • Pilot sought to avoid storm


SURABAYA, Indonesia (AP) ? The plane sought permission to climb above threatening clouds. Air traffic control couldn't say yes immediately ? there was no room. Six other airliners were crowding the airspace, forcing AirAsia Flight 8501 to remain at a lower altitude.
  • Healthcare worker diagnosed with Ebola


LONDON (Reuters) ? A healthcare worker has been diagnosed with Ebola a day after flying home to Glasgow from Sierra Leone, the Scottish government said yesterday.
  • Canadians arrested at dolphin park


ROAD TOWN, British Virgin Islands (AP) ? Two Canadian men face trespassing charges in the British Virgin Islands after they were found after hours at an aquatic park that offers dolphin performances and encounters.
  • Gunmen open fire on LA police car


LOS ANGELES (AP) ? Two men opened fire on a police car patrolling a tough part of Los Angeles, but the two officers inside were not injured and one was able to shoot back, authorities said yesterday. One of the suspects was later arrested and the other is on the loose.
  • Airline crew applauded after scare


LONDON (AP) ? A Virgin Atlantic jet bound from London to Las Vegas turned back and made an emergency landing at Gatwick Airport yesterday after developing a problem with its landing gear.
  • Mayor heckled at police graduation ceremony


NEW YORK (Reuters) ? New York City Mayor Bill de Blasio yesterday drew heckles and boos as well as cheers when he addressed graduating police cadets, two days after thousands of uniformed officers turned their backs on him at a slain policeman's funeral.
  • Surfer survives shark bite


LOS OSOS, California (AP) ? A man surfing on the Central California coast was dragged under water by a juvenile great white shark and bitten in the hip on Sunday before he could paddle to shore, where he received help from two doctors who happened to be on the beach, a witness said.
  • Fire kills five people in Texas


CASTLE HILLS, Texas (AP) ? More than a dozen people remained hospitalised yesterday following a fire that killed five residents at a senior-living facility near San Antonio, and officials were trying to track down the whereabouts of dozens of others, a city official said. Officials hadn't accounted for about 80 residents of the Wedgwood Apartments in Castle Hills, though firefighters went through the 11-storey complex and found no other victims, City Manager Diane Pfeil said. She said authorities believed those residents found refuge with family or had left for the holidays before the Sunday morning fire.
  • Diocese: Bishop at wheel in fatal hit-and-run


BALTIMORE (AP) ? The first female bishop at the Episcopal Diocese of Maryland was the driver in a hit-and-run crash that killed a bicyclist in Baltimore, a diocese spokeswoman said yesterday.
  • Wedding relocated for Obama golf game


HONOLULU (AP) ? A couple getting married near President Barack Obama's vacation spot in Hawaii learned the hard way that the big day rarely goes exactly as planned.
Page Four
  • Community has lost old-fashioned values


Dear Sir,
  • A Christmas gift to Bermuda


It was a Christmas gift to us all, one which didn't need to be gift-wrapped or festooned with ribbons or even delivered by way of reindeer-drawn sleigh to be a present for the ages.
  • Interesting Christmas questions


Dear Sir,
Sport
  • Five positions up for grabs in tough qualifiers
By Josh Ball

The path to the Grey Goose World Par 3 Championship just got a little tougher for Bermuda's golfers.
  • Powell insists Wells is part of plans
By Stephen Wright

Nahki Wells, the Huddersfield Town striker, has been backed to build on his ten-goal tally after ending his scoring drought with a match-winner against Bolton Wanderers at the weekend.
  • Former proLewis set for Hall of Fame distinction
By Colin Thompson

Eversley "Bo" Lewis has been inducted into the Hamilton Ontario Soccer Hall of Fame.
  • 'Local players have vital role to play'
By Josh Ball

Andrew Bascome, the Bermuda head coach, wants to build a squad with a strong local base of which the Island can be proud.
  • Pardew set for Palace move


LONDON (Reuters) ? Alan Pardew, the Newcastle United manager, is on the verge of taking over at Crystal Palace after being given permission to talk to his former club yesterday.
Sport Hold
  • 'England can challenge'


LONDON (Reuters) ? Roy Hodgson, the England manager, has offered an upbeat New Year message to his side's success-starved fans, explaining how he hopes his team will be a "serious competitor" for the Euro 2016 title.
  • Simeone upsetting Spanish establishment


LONDON (Reuters) ? La Liga champions Atl├ętico Madrid have become the mirror image of Diego Simeone as a well-organised and hard-working team with a fierce commitment and a strong rebellious streak.
  • Lallana strikes twice to sink Swansea


LIVERPOOL, England (AP) ? Adam Lallana netted twice as Liverpool found their scoring form to beat Swansea 4-1 yesterday for their biggest Barclays Premier League home victory of the season.
  • West Brom fire Irvine


BIRMINGHAM, England (AP) ? West Bromwich Albion fired Alan Irvine, their head coach, yesterday after winning just one of its last nine games, saying a change is necessary to boost their hopes of avoiding relegation from the Barclays Premier League.
  • Coaches and managers pay price for failed seasons


NEW YORK (AP) ? The New York Jets fired Rex Ryan, the head coach, and John Idzik, the general manager, after the team went 4-12, its worst record since 2007, and missed the National Football League play-offs for a fourth straight season.
  • McCullum double-century inspires New Zealand


CHRISTCHURCH (Reuters) ? A once in a lifetime innings from Brendon McCullum and high quality seam bowling ensured New Zealand completed an eight-wicket victory over Sri Lanka yesterday to take a 1-0 lead in the two-match series.
  • West Indies suffer spectacular collapse


PORT ELIZABETH, South Africa (Reuters) ? An astonishing collapse has raised the prospect of a nervous finale for a brittle West Indies after they finished on 275 for nine on day four of the second Test against South Africa yesterday.
  • Marsh digs in to put Australia in command


MELBOURNE (Reuters) ? Batsman Shaun Marsh struck a fighting half-century at the Melbourne Cricket Ground yesterday to drive Australia to a commanding 326-run lead over India at the close of day four and all but seal the series for the home side.