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Insolvent broker chief asked to return $3.5m
An insolvent Bahamian broker/dealer’s principal will be told to return $3.5 million to its liquidators by “formally dissolving” 10 entities he controls, Tribune Business can reveal.
Rattlers strike first, win Hugh Campbell opener
JUST days after claiming the GSSSA title, the CI Gibson Rattlers struck first in the 32nd Hugh Campbell Basketball Classic with a tournament opening win.
Bahamas oil well creditors accept 84% debt hair-cut
Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.
Partner tells murder trial of ‘loud bang’
THE business partner of a murdered CEO told a court he was on a business call in his office when he heard a “loud bang”and then a second one shortly after the first.
Gas station shut down to ‘bring country to halt’
A gas station shut down would “bring the country to a halt” and threaten the “nascent recovery” from COVID-19, a governance reformer warned yesterday, adding that such a move would be “ill-advised”.
CAC Games: Defence key for men's national softball team
WITH a little more depth added to their pitching staff, manager Perry Seymour said if they can tighten up on their defence, the men’s national softball team should be able to perform very well at the Central American and Caribbean Games.Seymour, who
Providence Basketball Classic heats up on day 2
The Providence Basketball Club moved into day two of its holiday tournament yesterday featuring 16 of the top senior boys’ basketball programmes throughout the island nation.Hosted at the DW Davis Gymnasium, the tournament continues at 1pm today.Aqui
PETER YOUNG: And you thought things were bad in the White House
Whether or not one agrees with former US President Richard Nixon who said, with supreme irony, that he ‘rejected the cynical view that politics is a dirty business’, there is no denying recent goings-on at the heart of Britain’s political establishment have been dramatic and messy.
Dorian 'totally destroys' 80% of fishing industry
Fishermen yesterday said Hurricane Dorian had “totally destroyed” 80 percent of the industry in Abaco and Grand Bahama amid uncertainty over how the government will aid recovery.“Eighty percent of the fisheries sector in Grand Bahama and Abaco is tot
Fire mostly extinguished, Miller tells Jubilee Garden residents
THE FIRE at the city dump is about 90 to 95 per cent extinguished, Tall Pines MP Leslie Miller said yesterday, adding that 95 per cent of Jubilee Gardens residents are back in their homes.
Bahamas falls to the USVI 84-74
The Bahamas men’s national basketball team, even with the services of NBA guard Chavano ‘Buddy’ Hield and college graduate Lourawls ‘Tum Tum’ Nairn, couldn’t find a way to pull off a “must-win” game against the US Virgin Islands.Needing to win by eig
PETER YOUNG: We can’t rewrite history just because the way we look at the world has changed
WITH almost the whole world, it seems, focused on the coronavirus pandemic, not least because of the prospect of a vaccine becoming available soon, “wokeness” is not an issue of major concern to most people. But it has come to the fore again in Britain with a group of Tory Members of Parliament speaking out against what they maintain is an attempt to rewrite or denigrate the nation’s history.
Challenges ahead - but new-look hospital wards a sign of the future
Major challenges to the operation of Princess Margaret Hospital still need to be overcome, Health Minister Duane Sands warned yesterday.But to prove the situation is improving, Dr Sands pointed to key projects which are about to come to fruition whic
Top pro basketball players begin seasons on high note
SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.
Peter Galanos dies, aged 80
FORMER parliamentarian and insurance businessman Peter Galanos died at his home early yesterday morning at the age of 80.
Red Stripe, Eudeva dominate regatta results
LUNDY Robinson, skipper of both the A Class Red Stripe and B Class Eudeva, dominated the 2013 National Family Island Regatta that was held last month in picturesque Elizabeth Harbour, George Town, Exuma.
Tourism ‘softness’ exposed with 7% room revenue fall
Tourism “softness” resulted in a 7 per cent year-over-year decline in peak winter room revenues for Nassau’s major hotels, with both occupancies and pricing coming under pressure.
Baha Mar hotel's rates are 'not good enough'
The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.
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.
American Gainey wins Great Exuma Classic
IN a dramatic finish, American Tommy Gainey took first place at bd Global’s Great Exuma Classic at Sandals Golf Course, Emerald Bay.
