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FTX chief’s $460m deal with Bahamas fund firm

FTX’s US chief yesterday unveiled a $460m settlement with a Bahamas-based fund manager that received hundreds of millions of dollars in the months leading up to the crypto currency exchange’s collapse.

Over-65s invited to take COVID vaccine

VACCINATION sites across New Providence will have the capacity to vaccinate over 2,000 people daily once the country has enough supplies, according to the National COVID-19 Vaccine Consultative Committee Deputy Chair Ed Fields.

Robinson shoots 70 to lead Bahamas on CAGC day two

There is some ground to make up for the Bahamas Golf Federation’s team at the 60th Caribbean Amateur Golf Championships, but there have also been several individual standout performances.

Potcakes rescue mission

AROUND 80 dogs from the Bahamas Humane Society will take part in a “Wings of Rescue” flight to the United States this morning as a part of a plan to reduce the population in the overcrowded shelter.

15 per cent reduction in duty collection costs eyed by 2017

A 15 per cent reduction in the Government’s import duty collection costs is being targeted over the next five years, along with increasing the proportion of taxes/duties paid electronically from zero to 80 per cent.

Lyford Cay billionaire Sir Anthony O’Reilly declared bankrupt

A SUPREME Court judge declared Lyford Cay billionaire Sir Anthony O’Reilly bankrupt on Friday evening after more than five hours of legal arguments concerning the procedural validity of his applications.

No VAT prosecutions, as quarterly filers hit over 80% compliance

The Government has yet to bring any prosecutions against delinquent Value-Added Tax (VAT) payers, while confirming last night that more than 80 per cent of quarterly filers had met the April 28 deadline for their first returns.

‘Ride For Reine’ Trail-a-thon a success

TWENTY young riders mounted up and hit the trails with enthusiasm this past Sunday as a part of the “Ride For Reine” Trail-a-thon to raise funds on behalf of Reine Pagliaro.

Prince Philip, husband of Queen Elizabeth II, dies aged 99

LONDON (AP) — Buckingham Palace officials say Prince Philip, the husband of Queen Elizabeth II, has died. He was 99.

Temporary closure of cabbage beach access for stairway repairs

OFFICIALS at Atlantis yesterday confirmed the “temporary closure” of the main public access path to Cabbage Beach, as the resort looks to repair a collapsed stairway.Senior vice president of public affairs Ed Fields said the resort thought it best to

Bahamas urged: Target 80% in next aviation safety audit

The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”

GB Power: $80m plant to further lower outages ‘cut in half’ during 2011

Grand Bahama Power Company’s (GBPC) $80 million West Sunrise plant has started operations with a workforce that is 92 per cent Bahamian, the monopoly power provider yesterday saying it would further improve reliability following a year in which outages were “cut in half”.

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