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Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Drogba takes Chelsea into Champions League last 16

By ROB HARRIS AP Sports Writer LONDON (AP) -- With Chelsea's Champions League progress secured with a ruthless victory over Valencia, Andre Villas-Boas had the confidence -- after weeks of pent-up frustration -- to take on his critics. The manager declared

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

PRIVATE SECTOR LOAN DEFAULTS HIT $301M

By NEIL HARTNELL Tribune Business Editor Almost one-third of commercial bank loans to Bahamian businesses are in arrears, something the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman described as a sign that economic recovery

MAGIC C DWIGHT HOWARD FORMALLY REQUESTS TRADE

By KYLE HIGHTOWER Associated Press ORLANDO, Florida (AP) -- When Magic star Dwight Howard signed a contract extension in 2007, he joked that he and Mickey Mouse would be in Orlando forever. Now Howard wants out, putting one of the NBA's most dominant big

'CONDITIONAL' WELFARE PAYMENTS BEING EYED

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government is assessing whether to make social security benefits and welfare payments conditional on behaviourby their recipients, Tribune Business has been told. Labour Ministe

$1.23M PREFERENCE PAYOUT CAUSES BOB INVESTORS Q1 LOSS

By NEIL HARTNELL Tribune Business Editors Bank of the Bahamas International's ordinary shareholders suffered a minor $141,676 loss during the institution's fiscal 2012 first quarter, as timing issues related to $1.231 million in preference share dividend

MONTAQUE LIQUIDATORS 'FULL FORCE' IN CANADA

By NEIL HARTNELL Tribune Business Editor Liquidators for Owen Bethel's Montaque Capital Partners have been recognised by the Ontario Superior Court of Justice through a ruling given "full force and effect" throughout Canada, a move critical to enabling t

Inter Milan beats Genoa 1-0 in Serie A

By DANIELLA MATAR Associated Press MILAN (AP) -- Inter Milan's revival gathered pace on Tuesday with a 1-0 win at Genoa that moved the club into the top half of the Serie A table. However, the entertainment of the night was to be found in Sicily, where Si

BAHAMAS TOP RETAIL SPOT FOR FIRSTCARIB

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) accounted for the largest share of its Barbadian parent's retail banking revenues in the fiscal year ended on October 31, 2011, generating some $90.64 million or 44

JUST 17% OF POOR GETTING BENEFITS

By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those

GB POWER PLANT 'OVER 60% DONE'

By NEIL HARTNELL Tribune Business Editor Grand Bahama Power Company yesterday said its new generation plant is "more than 60 per cent complete" after a $40 million investment to-date, as the BISX-listed company that holds 50 per cent of its equity unveil

Making a wishlist for 2012

EDITOR, The Tribune. Now that we have celebrated Christmas and are preparing to usher in the New Year of 2012, I would be obliged if you, the Editor of this fine and outstanding publication would permit me to submit a "wish list" for the nation as we go

Tsonga beats Nadal to reach the semifinals

By MATTIAS KAREN AP Sports Writer LONDON (AP) -- Jo-Wilfried Tsonga qualified for the semifinals in the ATP World Tour Finals at the expense of Rafael Nadal, beating the second-ranked Spaniard 7-6 (2), 4-6, 6-3 on Thursday in a decisive round-robin match.

Tsonga beats Nadal to reach the semifinals

By MATTIAS KAREN AP Sports Writer LONDON (AP) -- Jo-Wilfried Tsonga qualified for the semifinals in the ATP World Tour Finals at the expense of Rafael Nadal, beating the second-ranked Spaniard 7-6 (2), 4-6, 6-3 on Thursday in a decisive round-robin match.

NAD IN 36% PROFIT SLASH

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Despite suffering an almost-36 per cent net income decline to $7.77 million for the year to end-June, the Nassau Airport Development Company (NAD) still had a large enough bottom li

OIL EXPLORER UNVEILS 'BAHAMIANISE' PLAN

By NEIL HARTNELL Tribune Business Editor A Bahamas-based oil exploration company's Environmental Impact Assessment (EIA) is expected to be released for public consultation on January 23 next year, the company also unveiling plans to "Bahamianise" through

FOCOL 'WELL PLACED' FOR IMPROVED 2012

By NEIL HARTNELL Tribune Business Editor FOCOL Holdings yesterday said it was "well-positioned to improve our financial results for 2012", with previously-implemented initiatives to boost operational efficiencies expected to bear fruits that will filter

LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP

LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP