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Baha Mar gets $2m severance pay nod

Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.

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Motivation for Bahamians to lose weight

The World Health Organisation (WHO) defines overweight and obesity as excessive or abnormal fat accumulation that leads to increased health risks. Overweight is defined as a body mass index BMI greater than 25 and obesity is defined as a BMI greater than 30.

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Sports in brief

THE New Providence Basketball Association continued its 2013/14 regular season with a double header at AF Adderley Gym on Monday night.

U Sports Basketball: Bahamian players shine in Canada colleges

THE Dalhousie Tigers fell one spot in the U Sports Men’s Basketball ranking after their first loss of the season, but rebounded with a pair of wins to highlight weekend play from Bahamians in the top level of Canadian college basketball. Shemarr Bur

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Swift masters bring home five medals

Making Bahamians proud, Swift swimming masters won five medals at the 14th FINA World Masters Championships - the largest swim meet in the world - in Riccione, Italy, earlier this month. It was a meet that will be remembered as the largest and longest mee

Rockets and Resistance get wins in night league basketball

THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo

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$102m plant's timetable missforces Baha Mar to 'Plan b'

Plans to reduce Baha Mar’s air conditioning-related energy demand by 90 per cent have been thrown into severe jeopardy, the $2.6 billion resort developer yesterday confirming it had moved “on to Plan B” after a renewable energy firm failed to meet agreed timelines.

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Cybots draw first blood

EVEN though it wasn’t the type of performance they expected, the Mail Boat Cybots proved why they are the Vince Ferguson divisional pennant winners.

Falling mortgage arrears improve commercial loan position

COMMERCIAL bank loan arrears improved in February by $60.2m, with the most significant decline in mortgage arrears which, according to the Central Bank of the Bahamas, contracted by $39.2m.

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Jonquel Jones and Flame win season opener in China

JONQUEL Jones looks to continue her momentum from the WNBA to the Women’s Chinese Basketball Association.Her Shanxi Flame got the season off to an impressive start with a 92-52 win over Heilongjiang in the season opener yesterday.They got out to a 24

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UPDATED – MAGIC MACHINE: St Augustine’s win BAISS by 8.5 points

THE St. Augustine's College Big Red Machine won by the slimmest of margins to regain the Bahamas Association of Independent Secondary Schools' Track and Field Championship title from the Queen's College Comets.

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'No silence' on job cuts

THE government is “not going to be silent” about the nearly 20 persons who were laid off from the Grand Bahama Power Company last week, Prime Minister Perry Christie said yesterday.

Revamped Employment Exchange to launch July 1

The Department of Labour’s revamped and modernised Employment Exchange is expected to go live on July 1, its director said yesterday.

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Stingers and Giants remain undefeated in the NPBA

BOTH the PJ Stingers and the Commonwealth Bank Giants remained undefeated in the New Providence Basketball Association after pulling off the double header victories on Saturday night.At the AF Adderley Gymnasium in the men’s division one play, the St

$100m Cable offer oversubscribed on its launch day

Cable Bahamas’s $100 million preference share issue was oversubscribed on its first day, but Bahamian institutional investors were yesterday urged to continue buying in as the company will “take what it can get”.

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Kristian Robinson and Jazz Chisholm among MLB's Top 100 Prospects

A PAIR of Bahamian minor leaguers were listed among the Top 100 Prospects when MLB Pipeline unveiled its first rankings for the upcoming 2020 season. Kristian Robinson of the Arizona Diamondbacks was listed at No. 43 while Jazz Chisholm of the Miami

Central Bank back in compliance on Gov't debt limits

THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor

SUPERVALUE IN 'OVER 20%' XMAS SALES RISE

By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu

Ranfurly Children’s ‘amazing experience’ at NBA game

MIAMI, Florida - Thanks to the efforts of the Ministry of Tourism and Baha Mar, six residents of the Ranfurly Home for Children got a rare opportunity to watch a live National Basketball Association (NBA) game this week.

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Ayton and Suns beat Nuggets, take 2-0 lead

Deandre Ayton has drawn two of the toughest individual assignments of any player in the NBA playoffs with the Los Angeles Lakers’ Anthony Davis in round one and the newly minted league MVP, Nikola Jokic of the Denver Nuggets, in round two.