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$80m Baha Mar funds may have been ‘killed’

The $80 million financing facility created by Sarkis Izmirlian to cover Baha Mar’s Chapter 11 operating expenses may have effectively been ‘killed at birth’ by the outcome of yesterday’s Supreme Court hearing, Tribune Business can reveal.

‘Stagnant’: Fears for auto sales until 2023

Auto dealers fear new car sales will be “stagnant” for at least another year with global supply chain disruption causing order backlogs of up to 200 vehicles for some operators.

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Buddy scores 20 as short-handed Cavs get 90-82 win over Pelicans

CLEVELAND (AP) — LeBron James scored 26 points and the short-handed Cleveland Cavaliers rallied for a 90-82 win over the New Orleans Pelicans last night.

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Sports notes

THE Mail Boat Cybots were the first team to advance out of the New Providence Basketball Association’s first round playoffs.

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Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a

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Bastian records 4th double double of season

BAHAMIAN student athletes at various levels of NCAA basketball opened their conference schedules following a series of COVID-19 related postponements.

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Young golfers in the lead

THREE of the top young players are sitting on top of the standings after the first two days of competition at two different venues in the Bahamas Golf Federation’s National Amateur Championships.

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Streaks come to an end for ‘Buddy’ Hield, Deandre Ayton

SATURDAY’s NBA schedule featured the end of a five-game winning streak for Deandre Ayton’s Phoenix Suns and the end of Chavano “Buddy” Hield’s four-game streak scoring at least 20 points.

Chamber chief ‘can’t see’ Hawksbill Creek breach via ‘back door’

The Grand Bahama Chamber of Commerce’s president yesterday rejected assertions that Freeport’s new ‘tax breaks’ regime was a “back handed” attempt by the Government to amend the Hawksbill Creek Agreement.

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Oil explorer fearing up to $500m harm

The Bahamas Petroleum Company (BPC) fears it could suffer "up to $500m in economic harm" if environmental activists succeed with yesterday's legal bid to halt its oil drilling plans.

NPBA: Giants, buckets and stingers in win column

THE New Providence Basketball Association continued its regular season action with a triple header at the AF Adderley Gymnasium on Saturday night as the Commonwealth Bank Giants, Aliv Buckets and PJ Stingers all emerged victorious.The Giants held off

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Antique Auto Club gets into gear for gift giving

MEMBERS of the Antique Auto Club of the Bahamas recently got together for their annual Christmas gift giving.

Bahamas must target 70% cruise visitor ratio

A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.

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80 Haitian migrants held after vessel intercepted

EIGHTY Haitian migrants were apprehended when their vessel was intercepted in the Ragged Island chain on Sunday. Royal Bahamas Defence Force Commodore Raymond King said the group will be taken to Nassau.

GB Power, PHA seek financing millions

The Bahamian capital markets are gearing up for a busy fall/winter season, Tribune Business has been informed, with both the Public Hospitals Authority (PHA) and Grand Bahama Power Company seeking multi-million dollar financings.

EDITORIAL: We need to stay resolute

PRIME Minister Dr Hubert Minnis announced the relaxation of lockdown restrictions for southern islands yesterday while disclosing efforts to add an additional 80 beds to the frontline fight against COVID-19.

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DeAndre Ayton named to MaxPreps All-American First-Team

HE MISSED much of the season due to a lingering foot injury but it didn’t slow down Bahamian centre DeAndre Ayton from being recognised as one of the top sophomores in America.

Don't follow Vatican on death penalty

The Nassau Guardian argued in its October 12 editorial that Catholic change on the death penalty should be followed in The Bahamas.

Nassau is bloodier than New York

EDITOR, The Tribune.

Greater power to protect witnesses

THE government passed the Criminal Evidence Witness Anonymity Amendment Bill yesterday to allow for witness identities in criminal proceedings to be shielded and only revealed in screening by a magistrate, magistrate panel or judge in a bid to clamp down on acts of witness tampering.