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$100m Cable offer oversubscribed on its launch day

Cable Bahamas’s $100 million preference share issue was oversubscribed on its first day, but Bahamian institutional investors were yesterday urged to continue buying in as the company will “take what it can get”.

BISX listee in talks to settle SEC litigation

A BISX-listed company’s principal yesterday said there was “quite fertile ground” to reach an out-of-court settlement with US federal regulator’s over its subsidiary’s alleged involvement in a $400 million financial fraud.

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Woman, aged 96, dies of COVID-19

OFFICIALS reported another COVID-19 related death yesterday.

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McMinns helps Axemen to 38-24 victory over the X-Men

EUGENE McMinns continues to display his versatility for the Acadia Axemen on a weekly basis.

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NPBA: YES, Commonwealth Bank Giants are undefeated

YOUR Essential Store (YES) and Commonwealth Bank Giants are both still undefeated in the New Providence Basketball Association.Coming off the Christmas break, the Giants highlighted NPBA action Saturday night as YES pounded the Triple K Stampers 105-

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Career high for Cornish as Seawolves snap up win

A career night from Jaron Cornish powered the Stony Brook Seawolves to its eighth win in conference play, highlighting the weekend for Bahamian student-athletes in NCAA Division I basketball.

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Well-known Bahamian businessman Ken Perigord dies age 68

KEN Perigord, a well-known Bahamian businessman and benefactor, died on Monday afternoon at his home of cancer. He was 68.

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Man shot dead at Grand Bahama nightclub

The country has recorded its second murder of 2018 after a young man was shot dead outside a popular nightclub in Freeport, Grand Bahama.

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Elderly woman raped at home

AN elderly woman was raped in her home by a male assailant Wednesday night, police said.

Sports Notes

WITH the shortened regular season completed, the Baptist Sports Council is slated to begin its postseason in the Banker’s Field at the Baillou Hills Sporting Complex on Tuesday night.

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Bahamas now ‘Priceless’ for MasterCard clients

THE Bahamas has been added to MasterCard Worldwide’s ‘Priceless Cities’ global platform, with the credit card company annoucing its ‘Find Your Way’ programme had evolved into ‘Priceless Bahamas’.

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Hield, Ayton and Jones active in NBA preseason debuts

NBA basketball is officially back and all three Bahamian born players in the league were active as their teams made their respective preseason debuts.

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Crimestoppers and Cybots victorious

THE Police Crimestoppers and the Bamboo Shack Cybots both won at the DW Davis Gymnasium Monday night to secure their showdown in the Bahamas Government Departmental Basketball Association’s best-of-seven championship series set to start tonight.

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Baker's Bay alone a $1bn Dorian loss

Dorian-related insurance losses are “heavily skewed” towards Abaco with one resort development potentially accounting for $800m to $1bn worth of claims by itself. Charles Johnson, a Bahamas Insurance Association (BIA) council member, told the annual

DeAndre gets scholarship offers from top colleges

THE suitors continue to line up for the top ranked high school basketball recruit in America, and although we are quite some time away from a final decision, Bahamian centre DeAndre Ayton mulled his first round of scholarship offers.

NPVA Recap: Panthers on a roll to close out the year

THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.

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Bridgewater dominates in his French reunion

DOMINICK Bridgewater was dominant in his return to France’s NM2 League.

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‘Jazz’ hits two homers, scores game-winning run

JASRADO “Jazz” Chisholm Jr reached another milestone in his standout rookie season with the Miami Marlins.

Non-profit sector ‘lucrative’ area for financial services

A well-known QC has backed the Government’s decision to spend more time in getting non-profit regulation right, describing the sector as a “lucrative practice” for the financial services industry.

DPM urges GB firms to expand to nassau

The Deputy Prime Minister yesterday urged Grand Bahama businesses to consider Nassau expansion rather than just confine themselves to their home island. KP Turnquest, pictured, made his call while delivering the keynote address at the official openin