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Bank eyes 'two shot' $85m capital switch
Commonwealth Bank yesterday said it wants to make all its $85 million preference share capital Basel III-compliant before year-end 2014, with major shareholders in the first conversion expected to reject a payout.
Bahamas tops Caribbean for LA, Houston tourists
The Bahamas is the most sought-after Caribbean destination among US west coast and central markets for a leading travel website’s clients, with this nation urged to “tell the story” of its individual islands and create an ‘urgency’ to visit.
Sparks knock Jones and Sun out of WNBA top spot
LOS ANGELES (AP) — Riquna Williams scored 21 points and the Los Angeles Sparks beat Connecticut 84-72 yesterday, knocking the Sun out of the top spot in the WNBA standings.
GB Power: $28m damage from Joaquin-type storm
A Joaquin-style hurricane would likely impose $28 million worth of repair costs on Grand Bahama Power Company (GBPC), with its top executive defending the ‘storm insurance’ charge it plans to levy on customer bills.
Bonded warehouses 'good business all around', say dealers
Auto dealers believe it will be “good business all around” if recent Customs visits mark the first step towards being able to establish bonded warehouses at their properties.Fred Albury, the Bahamas Motor Dealers Association’s (BMDA) president, said
Realtor targets ‘perfect property’ via digital push
A Bahamian real estate firm believes digital marketing will bring more “bang for the buck” as it launches an initiative aimed at helping 200 buyers find their “perfect property”.
UPDATED: Tornado at airport damages plane, cars
A TORNADO at the Lynden Pindling International Airport early yesterday morning caused significant damage to a Bahamasair plane and minor damage to several cars at a nearby car rental agency.
Teams of the year in the spotlight
IN the disciplines of swimming and water polo, the Bahamas continued its dominance in the region at the 34th CARIFTA Aquatics Championships.
Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
Giants and Millionaires in NPBA win column
THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.
$1.5m haul of drugs seized
POLICE arrested two men in connection with a $1.5m drug seizure yesterday.
Landfill officials say smoke is nothing to do with the site
OFFICIALS from Renew Bahamas yesterday suggested that smoky conditions in the area of the Harrold Road landfill are not the result of recent fires at the site.
Bucks even series
Deandre Ayton’s postseason double digit scoring streak ended at 13 games and the Phoenix Suns squandered a nine-point fourth quarter en route to a game four loss in the NBA Finals.
Six deaths added to COVID toll
ONE hundred and eighty-six cases of COVID-19 and eight more related deaths were recorded between Friday and Saturday, pushing the country’s coronavirus tally to 5,703.
Shipyard delivers sign of post-Dorian rebound
Grand Bahama Shipyard (GBS), pictured , yesterday delivered “a significant sign” of post-Dorian recovery by reopening and welcoming back its first commercial vessel. The 57,062-ton Agathonissos , owned by Greece-based Eletson, returned to the facili
College players make their debuts at the JuCo level
SEVERAL Bahamian collegiate basketball players made their season debuts with new programmes at the JuCo level in NJCAA basketball.
Private companies to take on govt workers
MORE than 40 people who were being paid by the government but could not be placed because of a lack of vacancies in the public sector will be engaged by private companies.
Jones hits peak for finale
Kai Jones had a career-high night in the regular season finale and has become a mainstay in the rotation as the Texas Longhorns head into the post-season.
Bahamas on path to possible FIBA Basketball WCup 2023 qualification
THE Bahamas will learn its path toward a possible FIBA Basketball World Cup 2023 qualification today when the organisation hosts the Official Draw Ceremony.
Defence Force apprehends 128 Haitian migrants
A TOTAL of 128 undocumented Haitian migrants were transported to the capital after being apprehended by members of the Royal Bahamas Defence Force on Saturday afternoon.
