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Insurer exceeds goal 13% despite motor 'squeeze'

A Bahamian insurer yesterday said it beat 2013 profit targets by 13 per cent, but warned that an all-sides “squeeze” was now threatening an historic net income generator that accounts for almost one-third of its top-line.

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Pre-paid Visa cards for social services 'revolutionary'

THE introduction of pre-paid Visa cards for persons eligible for Social Service benefits was described as “revolutionary” by Social Services Minister Melanie Griffin.

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Bahamas eliminated

The men’s national volleyball team gave it a gallant effort at the Juan “Pachín” Vicens Auditorium, but a third place finish over the weekend eliminated the Bahamas from the NORCECA Men’s World Championship Qualification Tournament.

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Shamar work in progress for Ridley College Tigers

SHAMAR Burrows may be a work in progress for the Ridley College Tigers, but he showed Tuesday night he has plenty to work with.

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Gov’t in near-$40m deficit for August

The Government incurred a near-$40m deficit during August 2022 as it reclassified almost $35m of revenues earned in July as VAT, Ministry of Finance data released yesterday revealed.

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Kalik maker eyes 10% supply chain cost rise

Commonwealth Brewery is predicting that global supply chain disruption will increase its costs by 10 percent over the remainder of 2021 as it sustains its return to profitability.

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SpaceX launches hefty rocket with 24 satellites, experiments

CAPE CANAVERAL, Fla. (AP) — SpaceX launched its heftiest rocket with 24 research satellites Tuesday, a middle-of-the-night rideshare featuring a deep space atomic clock, solar sail, a clean and green rocket fuel testbed, and even human ashes.

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ALL arrivals must quarantine for 14 days

The government last night expanded the 14-day mandatory COVID-19 quarantine to visitors arriving by boat and private plane in what was branded a “one size fits all” approach.

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Investors unanimously re-elect Bank's Board

Commonwealth Bank’s shareholders have voted unanimously to return all 10 directors to the Board at its Annual General Meeting.

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Buddy Hield: 'I want to continue to wear No.24 as a tribute' to Kobe

SEVERAL players have opted to change their jersey number from No.8 or No.24 to honour Kobe Bryant, but Buddy Hield has chosen to continue to wear No.24 as a tribune to the late NBA icon. Hield said that continuing to wear the number and compete at t

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URCA warned over ‘maximum damage’

The Utilities Regulation & Competition Authority (URCA) is threatening to “inflict maximum damage” on the now-liberalising mobile market via a major change to its regulatory approach on retail pricing.

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WILLIAMS RALLIES 76ERS TO 95-90 WIN OVER LAKERS

By DAN GELSTON AP Sports Writer PHILADELPHIA (AP) -- Lou Williams nailed the go-ahead 3-pointer, scored 14 of his 24 points in the fourth quarter, and spoiled Kobe Bryant's record-setting night while leading the Philadelphia 76ers to 95-90 win over the Lo

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WILLIAMS RALLIES 76ERS TO 95-90 WIN OVER LAKERS

By DAN GELSTON AP Sports Writer PHILADELPHIA (AP) -- Lou Williams nailed the go-ahead 3-pointer, scored 14 of his 24 points in the fourth quarter, and spoiled Kobe Bryant's record-setting night while leading the Philadelphia 76ers to 95-90 win over the Lo

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WILLIAMS RALLIES 76ERS TO 95-90 WIN OVER LAKERS

By DAN GELSTON AP Sports Writer PHILADELPHIA (AP) -- Lou Williams nailed the go-ahead 3-pointer, scored 14 of his 24 points in the fourth quarter, and spoiled Kobe Bryant's record-setting night while leading the Philadelphia 76ers to 95-90 win over the Lo

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ROYALSTAR INVESTORS GET '200% PAY OUT'

By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the

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Property Fund ‘gap’ as PwC to vacate Providence House

THE BISX-listed Bahamas Property Fund is preparing for temporary vacancy at its last fully-occupied property, following a $2.206 million third quarter hit caused by a timing adjustment.

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Kobe Bryant's death leaves NBA players, others in shock

NEW YORK (AP) — Kobe Bryant authored some of his most memorable moments at Madison Square Garden and made himself a centrepiece of the Lakers-Celtics rivalry. Bryant was remembered for that and so much more yesterday after the five-time NBA champion

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BoB rocked by new $24m loss

Bank of the Bahamas suffered another $24 million loss for its 2016 financial year, shareholders have been told, as the BISX-listed institution asks them for a further $40 million in equity capital.

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WATER CORP DISCONNECTS 5,400 IN '11

By NEIL HARTNELL Tribune Business Editor A net 5,435 customers were disconnected by the Water & Sewerage Corporation for non-payment in 2011, data supplied to Tribune Business reveals, even though reconnections reached their highest level for five years.

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MEDITATION: One thing I want

IF you could have one thing for sure this year, what would you want?