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CIBC 'disagrees' with fines by the Bahamas

CIBC FIrstCaribbean has expressed its displeasure at fines imposed by Bahamian regulators in documents for its planned $240 million initial public offering (IPO) in New York.The bank, in a section of the IPO document detailing regulatory risks, said

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And now for the weather on Mars, courtesy of new NASA lander

And now for the weather on Mars: NASA’s newest lander is offering daily reports on the red planet’s frigid winter.

Govt wants 90% of taxes electronically by fiscal year-end

The Government is hoping to collect 90 per cent of due tax payments electronically before the 2016-2017 fiscal year-end, a top official yesterday promising it was being “very aggressive” on spending controls.

Govt targets $90m cruise passenger spending boost

The Government is targeting a near-28 per cent increase in cruise passenger spending yields to generate an extra $90 million in annual tourism revenue, a Cabinet Minister said yesterday.

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NFL wide receiver Mike Strachan returns home

Mike Strachan is spending a part of his offseason back home and is optimistic about both his role in the NFL and his future impact on the development of football in The Bahamas.

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$13.4bn flowed through FTX Bahamas accounts

Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".

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Bacardi purchasers targeting $90m waste-to-energy plant

THE Bahamian investor group that acquired the former Bacardi factory has approached the Government about constructing a $90 million waste-to-energy plant at the southern New Providence site, its principal yesterday telling Tribune Business it aimed to slash electricity costs by "50 per cent or more".

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Jones and Sun clinch second straight WNBA playoff berth

JONQUEL Jones and the Connecticut Sun continue to click at the right time and clinched their second consecutive WNBA playoff berth.The Sun defeated the Dallas Wings 101-92 at the College Park Center in Arlington, Texas, on Wednesday night.It was the

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Deandre Ayton: ‘That’s what 45 minutes feels like, I’ve never played 45’

DEANDRE Ayton returned from a non- COVID-related illness with a season high scoring effort to help the league-leading Phoenix Suns avoid consecutive losses for the second time this season.

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Smith defends committee over lack of contact with Baha Mar employees

FORMER State Finance Minister James Smith, chairman of the committee overseeing Baha Mar payouts, yesterday defended the work of the committee amid criticism that former resort employees have yet to be contacted regarding money they are owed.

Gov't urged: 'Don't lose eyes on small business present'

The Government was yesterday urged “not to lose eyes for the prize” in reinvigorating the Bahamian small and medium-sized business sector, a well-known consultant disclosing that long-awaited reforms were likely to be implemented in the New Year.

Cable's $114.5m sets 'Markets milestone'

Exuma’s February Point project is aiming to hire a further 120-140 persons when construction work ramps up within the next two months, its owners yesterday telling Tribune Business the project was “moving a little faster than we anticipated”.

BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1

The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.

Nassau/PI resorts in New Year sell-out 

MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.

Bimini developer in 90% occupancy goal

BIMINI Bay's principal expects to see occupancy levels at the multi-million dollar resort and marina reach 85-90 per cent through the addition of its $24 million luxury boutique casino and the imminent Balearia ferry service, telling Tribune Business: "We have survived."

GB Power: Over 90% of non-flooded are restored

Grand Bahama Power Company says it has restored power to more than 90 percent of customers with dry homes in non-flooded areas following Hurricane Dorian’s passage. Giving an update on restoration efforts, the island’s monopoly utility provider said

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Lightbourne and Dames lead Blue Devils to win over ranked team

BRADLEY Lightbourne, Joshua Dames and their Kansas City Kansas Community College Blue Devils continue to play one of the most difficult schedules in JuCo basketball and defeated their second ranked team of the young season.

NPBA: Giants vs Rockets, Bucket vs High Flyers in Championships

BOTH championship matchups in the New Providence Basketball Association are all set and the quest for the 2018 title is down to its final series.The Commonwealth Bank Giants and Aliv Bucket Team advanced with wins on Wednesday night to conclude the s

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PRO basketball players tip off regular seasons in Europe

PRO basketball leagues across Europe have tipped off their regular seasons and several Bahamian players were active in their respective teams’ debut. Both Domnick Bridgewater and Kentwan Smith got off to winning starts in France’s Nationale Masculine 2 (NM2) League. Bridgewater led Sapela Basket 13 to an early 2-0 record and recorded another double double.He finished with 19 points and 10 assists in a 90-74 win over Le Cannet Cote d’Azur Basket.

9PM HURRICANE ALERT FROM BAHAMAS DEPARTMENT OF METEOROLOGY

ALERT #7 ON HURRICANE JOAQUIN ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY WEDNESDAY 30TH SEPTEMBER, 2015 AT 9 PM EDT.