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S&P questions Gov’t over US $300m bond

The Government’s decision to go to the international capital markets for a US$300 million bond yesterday appeared to be questioned by a Wall Street credit rating agency, which said there was “significant appetite” for its debt in the Bahamas.

Realtor: 'Tale of two markets' means 90% of buyers high-end

A well-known realtor yesterday said his reliance on luxury international purchasers has grown to 80-90 per cent of his sales, telling Tribune Business: “It’s almost like the Bahamian buyer has disappeared.”

Fox and Biscuits are No.1 seeds in playoffs

LUCIUS Fox and the Montgomery Biscuits began their Southern League playoff campaign last night as the No.1 overall seed. The Biscuits, North Division champions (88-50), host division runner-ups the Jackson Generals in the best of five semi-finals.

‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

Cruise port hits 97% end-May occupancy

Passenger occupancies on vessels calling at Nassau Cruise Port in the final week of May exceeded 97 percent, it was revealed yesterday, signalling the sector is closing on full recovery from COVID-19’s ravages.

Tank says judges' unanimous decision 'ridiculous'

SHERMAN ‘The Tank’ Williams said he threw enough “conch punches,” but was highly disappointed in the judges, calling it “ridiculous” after he suffered an unanimous 10-round decision to hometown favourite Joseph Parker at The Trusts Stadium in Auckland, New Zealand, on Thursday night.

UPDATED: Teenager is first murder of year

Police are investigating after a man died following a shooting on Market Street on New Year’s Day.

Magic rally in 2nd half to beat Heat 104-98 in overtime

By KYLE HIGHTOWER Associated Press ORLANDO, Fla. (AP) -- Dwight Howard had 24 points and 25 rebounds, Jameer Nelson scored 25 points, including 12 in the fourth quarter and overtime, and the Orlando Magic came back to beat the Miami Heat 104-98 last night

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.

MLB players vote to end lockout, salvaging 162-game season

NEW YORK (AP) — Major League Baseball's acrimonious lockout ended Thursday when a divided players' association voted to accept management's offer to salvage a 162-game season that will start April 7.

Sports in brief

THE New Providence Volleyball Association continued its regular season Sunday with a double header at the DW Davis Gym.

'Credibility issue' for small business reform

Bahamian small businesses have virtually zero confidence in the existing Government and private sector institutional support structure that is meant to assist them, creating “a possible credibility issue” for efforts to reform this initiative.

15-year-old accused of using gun to rob woman

A 15-year-old was charged with armed robbery in Magistrate’s Court yesterday.The North Andros boy was accused of using a .9mm pistol to rob a woman of a wallet containing $200, two Alcatel cell phones valued at $90 each and $80 cash which belonged to

St Paul's and Golden Gates open best-of-three playoffs in win column

ST Paul’s and Golden Gates opened their respective co-ed and men’s best-of-three playoff series by knocking off Macedonia in the Baptist Sports Council’s 2014 Coca-Cola Softball Classic.

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

Bahamian quartet in NCAA 'March Madness'

WHEN the dust settled on “Selection Sunday,” four Bahamian players and their respective universities received bids into the 68-team field for the NCAA Men’s Division I Tournament, commonly referred to as “March Madness.”

Baha Mar liquidators decline extension for Breezes land transfer

BAHA Mar’s secured creditor wanted liquidators to remain in place until the land swap with SuperClubs Breezes is completed - a request they were reluctant to comply with.

COVID-19 death toll rises to 176

THE country’s COVID-19 death toll has risen to 176 after a 94-year-old woman died from the disease in late January.

Get your tickets for Commonwealth Youth Games

Ticket sales were officially launched yesterday for the Commonwealth Youth Games and the Local Organising Committee looks to galvanise support in its final month of preparation.During yesterday’s press conference at the Thomas A Robinson Stadium, Bah

Baha Mar hotel's rates are 'not good enough'

The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.

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