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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.

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Volkswagen plans to launch first all-electric car in CHINA next year

SHANGHAI – Volkswagen, Europe’s biggest automaker, plans to launch its first pure-electric car in China next year as Beijing steps up pressure on the industry to promote alternatives to gasoline.

Open house at Lyford Cay School

THE Lyford Cay International School is holding an open house on Saturday, November 30, at 2pm at the school campus in Lyford Cay.

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Sky to host winner-take-all game 5 tonight

THE ninth meeting between Jonquel Jones’ Connecticut Sun and Chicago Sky will determine which team will advance to the WNBA Finals and which team will see its 2022 season come to an end.

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Ayton shines as Suns pound Knicks 121-98

NEW YORK (AP) — Deandre Ayton had 26 points and a career-high 21 rebounds, and the Phoenix Suns pounded the New York Knicks 121-98 last night.

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Comets win title

The 30th Father Marcian Peters tournament featured a resurgence for Bahamas Association of Independent Secondary Schools (BAISS) teams as they claimed three of the five contested divisions.

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Shockers, Cleaners win

The New Providence Basketball Association continued league play with a double header at the AF Adderley Gym Monday night.

Kidney disease in the Bahamas

Tuesday July 17th, 2012 marked the first Anniversary of The Dialysis Centre Bahamas on Collins Ave, Nassau, Bahamas.

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Former College principal Dr Donald Knowles dies

DR Donald Knowles, 80, first principal of the College of the Bahamas, died of a massive heart attack at the Princess Margaret Hospital at 4pm Thursday.

Goodman’s Bay

Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.

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Real estate firm joins top network

A Bahamian real estate firm has been named to 'Who's Who' in luxury real estate, the award-winning network that has property brokerages in 80 countries. Mario Carey, of Mario Carey Realty, said: "It is a great honour fo

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NPBA: Bucket, Shockers Stingers in the win column

THE Aliv Bucket, Seafood Shockers and PJ Stingers were winners of the New Providence Basketball Association’s triple header at the AF Adderley Gymnasium on Saturday night.

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Sun Belt: Munnings’ double double helps Warhawks to win in opening round

TRAVIS Munnings is playing his best basketball when it matters most and continues to lead his ULM Warhawks through the postseason.

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'Most of New Providence has had electricty restored'

ELECTRICITY has been restored to most of Bahamas Electricity Corporation’s customers in New Providence since Hurricane Sandy, said Corporation Chairman Leslie Miller.

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Exchange rate was 'never in jeopardy'

The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.

Sports Notes

SONITH Lockhart, of Carib Construction, was on fire in City Bowling League competition last night while mowing down the pins for a gigantic 734 three game set which is a record so far for the 2015 - 2016 season. 

Baha Mar contractor promises completed analysis ‘in 7 days’

Baha Mar’s contractor has promised to complete its assessment of the work necessary to complete the $3.5 billion resort development within seven days, Tribune Business was told yesterday.

FNM deputy: ‘Is Gov’t interfering with Baha Mar liquidators work?’

The Opposition’s deputy leader has questioned whether Prime Minister Perry Christie’s interventions with Baha Mar’s Chinese partners are “tantamount to interfering” with the responsibilities of the project’s joint provisional liquidators.

Izmirlian downbeat, but Gov’t is upbeat

Prime Minister Perry Christie’s meeting with Sarkis Izmirlian yesterday achieved “nothing substantial” in attempting to resolving the $3.5 billion Baha Mar dispute, with the latter again demanding that his Chinese partners negotiate in “good faith”.

Creditors seek $1.1m Dingman default verdict

Bahamian creditors abandoned by Jamie Dingman’s failed Nassau restaurant empire this week urged a New York federal court to grant a $1.113 million default judgment in their favour, after no defence was filed against their claim.