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Month’s end closing for John S George
One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.
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Miller calls for copper export ban
MARIO’S Bowling and Entertainment Palace chief, Leslie Miller yesterday added his voice to calls for the Government to ban copper exports, adding that such thefts had cost him $150,000-$200,000.
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URCA: What’s App won’t fully replace mobile calling
What’s App and other over-the-top (OTT) applications are “unlikely” to fully replace traditional mobile phone calls and text messages despite their 97 percent penetration of the Bahamian subscriber base, regulators believe.
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URCA orders ‘middle ground’ on NewCo’s BTC roaming period
Regulators have ordered a ‘middle ground’ compromise on how long NewCo2015 can use the Bahamas Telecommunications Company’s (BTC) network to deliver its own mobile services, stipulating a 24-month time period.
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Gas price crisis wiping out retailers’ profits
Bahamian gas stations say “no business operates” on the unsustainable seven percent gross margins they are enduring amid warnings the sector may have to cut jobs and operating hours to survive.
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Giants stay undefeated, Bucket take upper hand in semis
THE Commonwealth Bank Giants stayed undefeated and the Aliv Bucket took the upper hand in their respective best-of-five semi-final playoff series as the New Providence Basketball Association played a double header on Monday night.In the men’s divisi
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Broker ‘acted in good faith’ on $400m fraud
A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.
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‘Pie in the sky’: Gov’t slammed on Freeport regulation claw back
Calls for the Government to reclaim regulatory authority over Freeport have been branded “a pie in the sky idea”, given the existing legal barriers to such a move.
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Contractors chief to bring members 'up to scratch'
THE Bahamian Contractors Association (BCA) yesterday said it was pushing for internationally-recognised certification for small/medium-sized firms, which make up 80-90 per cent of the industry.
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FINCO: Three-year offload sparks $9.1m provision hit
Despite recovering "in excess of" 80 per cent of the outstanding principal 0n distressed property sales, FINCO's managing director yesterday said the mortgage
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96 new COVID-19 cases on Friday
The Ministry of Health reported that there were 96 new COVID-19 cases, one additional non-COVID-19 related death and one additional death under investigation on Friday.
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Top auto dealer lays-off 80 staff
A major auto dealer yesterday confirmed it is temporarily laying-off 80 staff as the industry prepares to make its case to the government for a partial opening amid the COVID-19 lockdown. Fred Albury, the Auto Mall’s principal, told Tribune Business
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Lakers beat Celtics by one
BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo
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Lakers beat Celtics by one
BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo
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Lakers beat Celtics by one
BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo
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Lakers beat Celtics by one
BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo
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Lakers beat Celtics by one
BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo
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Hundreds of plea deals since January 2016
THE Office of the Director of Public Prosecutions has facilitated 274 guilty plea bargains since January 2016 as part of an unprecedented push to alleviate the burden on the judicial system through these arrangements.
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D’Aguilar: We will be flexible
TOURISM and Aviation Minister Dionisio D’Aguilar said the government will be flexible with web shop taxes, adjusting its new sliding scale scheme if it proves too onerous.
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Child, nine, among new cases of infected
THE number of confirmed COVID-19 cases in the country has jumped by three to 24 and a nine-year-old girl is among the infected.