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Jonquel Jones and Foxes one step closer to FIBA EuroLeague Final Four

JONQUEL Jones and her UMMC Ekaterinburg Foxes are one step closer to the FIBA EuroLeague Women Final Four.

Montaque: Related parties owe 28% of 5.4m receivables

Some 28 per cent of Montaque Capital Partners’ $5.351 million receivables are owed by related parties in which its former principals, Owen Bethel and Edison Sumner, have continuing involvement.

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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.

Owner pays off '7-figure debt' via marina sale

The Long Island Chamber of Commerce’s former president yesterday told Tribune Business he had “no regrets” about selling the well-known Flying Fish Marina, as it had enabled him to pay off “seven figure debt” and focus on his Shell franchise.

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‘Buddy’ scores 17 with 3 steals in loss to Pacers

Chavano “Buddy” Hield continues to have some of his best games of the season in head-to-head matchups with other Bahamian players.

Citi Bahamas Celebrates 12thAnnual Global Community Day

CITI Bahamas celebrated its 12th annual Global Community Day on June 10 with approximately 250 Citi volunteers in Nassau joining the efforts of nearly 100,000 of their colleagues, family and friends in 500 cities in 91 countries and territories to en

Liquidators silent over $5.5m Baha Mar salary source

Baha Mar’s joint provisional liquidators last night confirmed they had secured funding to pay the September salaries for the 2,400 non-Melia staff, while also pledging to meet all employee benefits due since their September 4 appointment.

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PM: Sears bid is no problem

PRIME Minister Perry Christie said he does not feel threatened by former Attorney General Alfred Sears’ bid to challenge him for the leadership of the Progressive Liberal Party, despite rumblings within the organisation that young supporters and Bahamians want a new direction.

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‘All he has to do is stay humble’

As the pacesetter, winning two NBA titles with the Los Angeles Lakers, Mychal ‘Sweet Bells’ Thompson said he knew it would have only been a matter of time before his son, Klay Thompson, would be a champion as well on the biggest stage in the game today.

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Property tax cap up 25% to hit $150,000

Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.

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ArawakX ‘to be reported’ to police amid $4m insolvency

The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.

Bank chief slams ‘selfish’ education loan deadbeats

The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.

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Bianca Stuart soars for silver in long jump

PERSISTENCE and hard work has finally paid off for Bianca ‘BB’ Stuart. The national long jump record holder finally won her first major senior international medal at the 17th Pan Am Games in Toronto, Canada.

FIELDS NAMED AS TOP INSURANCE REGULATOR

By NEIL HARTNELL Tribune Business Editor Former ColinaImperial executive Michele Fields has been appointed as the Bahamas' chief insurance regulator, Tribune Business can reveal, the Government believing her industry background will allow enhanced superv

TECH TALK

• AMAZON has launched a paid streaming music service, the latest entry in an increasingly crowded field.

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Puerto Rico blows out Bahamas by 64 points

The Bahamas couldn’t stop the up-tempo game from host Puerto Rica and ended up getting blown out by 64 points in the FIBA U17 Centrobasket Championship for Women.

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Bahamas broker: 50% of client assets in jeopardy

ALMOST 50 per cent of client assets at Owen Bethel's Nassau-based Montaque Capital Partners, which is reportedly insolvent with a $9.367 million net asset deficiency, are in jeopardy due to a Canadian institution's claim against them, Tribune Business can reveal.

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Central Bank: Investors no longer ‘tepid’ on Gov’t debt

The Government’s domestic debt issues were fully subscribed for the first time in almost three years during the 2022 second quarter, the Central Bank has revealed, arguing that “tepid investor sentiment” has been reversed.

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Grand Bahama electricity costs 40% below rest of Bahamas

Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).

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Fighting through

COACH Mike Brey looked positively at the way his Notre Dame Fighting Irish responded to the challenges they faced in pulling off their three exhibition games against local-based teams in the Bahamas Basketball Federation’s 2018 Summer of Thunder over