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Nesbitt and team claim title in Brazil's pro league

NATIONAL team member David Nesbitt claimed his second consecutive Novo Basquete Brasil (NBB) championship in as many years.

Men’s national basketball team members open seasons

SEVERAL senior men’s national basketball team members recently opened their respective seasons across various professional leagues in Europe and South America.

Bahamian pro ball players standout in Europe, Middle East

BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.

Davis clinches Mavericks win

Bahamians across NCAA Division I basketball had mixed results over the weekend, both in their personal production and in the win/loss column for their teams.

BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

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.

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.

Collapsed entity’s $5m holding in BISX firm

Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.

Cybots rally to even series with Shockers

THE Mail Boat Cybots showed why they are the New Providence Basketball Association men’s defending champions.

Summer of Thunder tourney gets off to exciting start

THE Bahamas Basketball Federation’s Summer of Thunder got off to an exciting start last weekend with a thrilling finish in the series opener and the first win by a local team in the series. The series began as the Temple Owls escaped with a 98-96 wi

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.

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.

Buddy exits game with apparent knee injury

ORLANDO, Florida - Buddy Hield reached double figures for the fourth time in the last five games and helped the Kings snap an eight-game losing streak.The Kings scored a 105-99 win over the Orlando Magic Tuesday at the Amway Center in Orlando, Florid

In the NPBA, Stingers rout UB Mingoes, Stampers top Eagles Nest

THE PJ’s Stingers stung the University of the Bahamas Mingoes 87-69 and the Triple K Stampers stomped past the Leno Eagles Nest 97-94 as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium.

100 farmers hit through tobacco grow 'scrapping'

Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.

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.

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