Story
PwC wins battle over liquidation of alleged fraud
A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.
Story
Junior golfers 'putt' Bahamas 5th overall
Team Bahamas produced a trio of top five finishers against elite junior golf talent in the region at the 31st edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round in fifth place in the race for the Hank James
Story
95 newly confirmed cases of COVID-19
The Ministry of Health reported on Tuesday that there are 95 newly confirmed cases of COVID-19.
Story
Avengers even series with police, Cybots take 2-0 lead vs Challengers
THE Bahamas Government Departmental Basketball Association continued its semi-final playoffs at the AF Adderley Gymnasium on Monday night.
Story
Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
Story
Regulators stop Rebels 120-107, Aliv Buckets get 89-75 win over Stampers
THE Regulators dominated the overtime period and closed the game on a 10-1 run en route to the win. Alexander Rolle outscored the Rebels all by himself in overtime when he dropped 10 of his game high 31 points.
Story
Miller-Uibo, Gardiner win in Diamond League
Bahamian double sprint national record holders Shaunae Miller-Uibo and Steven Gardiner made their 2019 Diamond League Circuit debuts in grand style at the Herculis EBS in Monaco on Friday.
Story
Bridging digital divide in world's new reality
In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor
Story
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
Story
BISX-listed firm’s affiliate in $75.5m ‘discrepancy’
There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.
Story
ACTIVTRADES: Is a conflict between the USA and China inevitable?
Thucydides was one of the greatest Greek historians of the classical era. He wrote The History of the Peloponnesian War, an eight-volume treaty recounting the conflict between Athens and Sparta, in the 5th Century BC. Sparta, the dominating power at
Story
Court 'quashes' Commission probe into BISX firm's broker
The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.
Story
URCA seeks to shorten reconnection time
THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.
Story
Nationals: Top junior golfers emerge
THE top junior golfers in the island nation emerged following the results of the Bahamas Golf Federation’s Junior Nationals.
Story
Four killed in plane crash
THE tragic death of two American couples in a plane crash ripped through the small community of Treasure Cay yesterday.
Story
Final stage of bidding for cellular licence begins
AFTER a five-month delay, the final phase of the selection process for the country’s second mobile services provider has begun, the Utilities Regulation and Competition Authority announced yesterday.
Story
Are cruise ship sick heading here?
THE United States Coast Guard has told foreign-flagged cruise ships to be prepared to care for people with COVID-19 for an uncertain period of time at sea or seek help from countries in which they are registered.
Story
Gordon leads Rockets over Warriors 98-94
HOUSTON (AP) — Eric Gordon came off the bench to score 24 points and his steal on Golden State’s last possession secured a 98-94 victory last night that gave the Houston Rockets a 3-2 lead in the Western Conference finals.
Story
April creditors meeting urged over major fraud
The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.
Story
Benchmark denies 'material impact' via client's liquidation
BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.
