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Oil explorer shrugs off end to ‘exclusive’ talks

A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.

‘Right church, wrong pew’ over second GB marina

A Grand Bahama investor yesterday said he has yet to receive a satisfactory offer for his second marina asset, revealing: “They’re in the right church, but sat in the wrong pew.”

Knights strike gold in St Lawrence Invitational Tournament

THE Niagara College Knights, with several Bahamian players on their roster, were back on the floor for the preseason as they prepare to contend in the Ontario Colleges Athletic Association.Van Hutchinson Jr, Kevin Cooper, Stephone Augustine, Livingst

Mackey Jr and Levarity get double doubles in win

BOTH Bahamian players posted double doubles to bring an end to Lyon’s two game skid in France’s Nationale Masculine 1 League.

Ayton posts double double in 123-110 loss to Hawks

ATLANTA (AP) — Trae Young scored 21 of his 36 points in the fourth quarter and the Atlanta Hawks pulled away late to beat the Phoenix Suns 123-110 last night.

‘We’ll help - but don’t try to land’: Govt signals it won’t allow cruise ships to send anyone here

THE Bahamas government signalled yesterday that it will not accept people infected with COVID-19 from ships stranded in Bahamian waters despite a US Coast Guard bulletin that foreign-flagged vessels should seek help from countries in which they are registered.

Celtics take control of East

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- Paul Pierce watched the shot sail just over LeBron James' outstretched arm. And when it swished, he turned toward the Boston bench, shaking his head. The biggest shot of the night, for certain. And it put the

Properties taxed on just 40% of value

The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.

$42.5m Gov’t bond issue ‘50-60% oversubscribed’

The Government’s latest $42.5 million bond offering was expected to “at least 50-60 per cent oversubscribed”, its lead arranger told Tribune Business yesterday afternoon, just hours before its close.

INSIGHT: Fishermen renew pleas to protect our marine resources from poachers

I congratulate our fine men and women of the Royal Bahamas Defence Force (RBDF) for the capture of yet another Dominican poaching vessel.

John Kerry: US ‘delegation here to listen’

UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.

Abaco frustration over growing shanty towns

CONCERNED Abaco residents who have repeatedly voiced frustrations about the growing shanty towns on the island want the government to “put their money where their mouth is” when it comes to dealing with the unregulated communities.

Grey Goose founder's son denies February Point bid

The son of the Grey Goose Vodka brand’s founder has denied to Tribune Business that he is leading an investor group seeking to purchase Exuma’s 80-acre February Point development, while acknowledging homeowner concern over the Hart family’s exit plans.

Brewery boosts efficiency 45%

The Bahamian Brewery and Beverage Company’s founder yesterday said the company had improved its efficiency “at least 45 per cent” since it was created five years ago, envisioning its further expansion to a 175-strong workforce.

Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

Trent Deveaux signs $1.2m deal with Angels

In January, when Trent Deveaux mulled his decision on which MLB club he would eventually sign to, he said one determining factor would be: “Any place with good weather.”

Digital building permits hailed as ‘long overdue’

The Bahamas Society of Engineers (BSE) president yesterday hailed as “long overdue” plans to slash building permit turnaround times by going digital, branding the 60-80 percent reduction target as “achievable”.

‘Nothing to lose’ over concrete export venture

A former Bahamian Contractors Association (BCA) president says the country must explore transforming itself into an exporter of pre-cast concrete products, and urged: “We have nothing to lose.”

CARICOM, Latin American nations ‘front of mind’ with regards to US vaccines

A UNITED States official said the Biden administration has not made a final decision yet on which countries will benefit from America’s promised vaccine sharing but stressed the COVID-19 situation in CARICOM and Latin American nations has been “front of mind”.

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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