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Bahamas liquidators explore FTX ‘restart’

FTX’s remaining Bahamas-based staff were paid a collective $635,297 through to end-January 2023 as provisional liquidators explore “options” that may include restarting its trading platform, it was revealed last night.

Heat top Thunder 104-98

By BRIAN MAHONEY AP Basketball Writer MIAMI (AP) -- LeBron James better get well fast. He's about to play for a championship. Hardly able to move, James returned from a left leg injury to make the tiebreaking three-pointer with 2:54 remaining and the Miam

Mr Prime Minister, is this not victimisation?

URBAN RENEWAL, the PLP’s solution to most of the country’s ills, has many Bahamians confused as to what it really is.

Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

Stella Maris already at 80% Christmas occupancy

Long Island’s Stella Maris resort is already posting 80 per cent occupancy levels for the Christmas/New Year holidays, its general manager saying that apart from cut-off tree stumps “no visitor would realise a hurricane came through here”.

Bahamas beaten by Mexico, 83-75

Team Bahamas suffered an 83-75 loss to Mexico in their second game of the FIBA Centrobasket Men’s U17 Championships in the Dominican Republic.Trailing by two with just over two minutes left to play, the Bahamas squandered several opportunities down t

Contractor: BAMSI work 80% complete

A CONTRACTOR for the government’s new agriculture and marine science school yesterday fired back at criticism over the institute’s construction schedule.

Zika a ‘golden moment’ for Health ability

A senior Ministry of Health official yesterday said the Zika outbreak had given it “a golden moment” to demonstrate its capabilities prior to National Health Insurance’s (NHI) introduction.

PLP: FNM made recession worse

THE Progressive Liberal Party claims the Ingraham administration's issuance of contracts worth millions to foreign companies contributed to the ongoing recession.

Businessman dies aged 83

FUNERAL services for Godfrey Egerton Lightbourn, 83, who died at Doctor’s Hospital on Thursday, October 10th, will be held at St. Andrew’s Presbyterian Kirk, Princes Street, on Saturday, October 19, at 10am.

Barracuda Swim Club finishes at the top

Usually when a club hosts a meet, they are expected to dominate the competition.

Giants rout the Mingoes 107-87

KEMSY Sylvestre scored off the opening tip for the University of the Bahamas Mingoes to put them up 2-0 on the Commonwealth Bank Giants. It was the only time the Mingoes’ led in the game against the undefeated team in the New Providence Basketball A

Opponents fear ‘door’s left open’ on oil licences

Oil exploration opponents yesterday voiced fears that a Cabinet minister’s statement on outstanding fees “leaves the door open” for licence renewals if these sums are paid.

16th anniversary celebrations of Prayer Grotto - Four days of fasting and breakthrough prayer

THE Commonwealth and Global Payer Grotto is celebrating 16 Years of prayer ministry to the nations. This quiet place of prayer, meditation and worship is the prayer ministry of Trinity City of Praise and is embedded in the hills of Nassau, overlooking the city.

Sports Notes

AS the Ministry of Education, Science and Technology gets ready for the hosting of the first National High School Basketball Tournament this weekend in Grand Bahama, Ozzie ‘the Sports Insider’ Simon has released the rankings of the top teams.

Atlantis: No policy preventing hiring of Baha Mar staff

WHILE job security remains uncertain for the more than 2,000 Bahamians employed at Baha Mar, an Atlantis executive said the resort would consider hiring staff of the $3.5bn project based on its needs.

Garbage galore

This conflict issue and who owns what? Surely there is a simple remedy seeing that we signed-off on FACTA and we tell the Americans even our bed secrets. We amend the Company’s Act and require no more “nominee shareholders” and that all directors have to be shown on their corporate stationary.

The Tribune

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