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The Bahamas

  • Bahamas concerned about US ruling for resort developer Thursday, 2 Jul 2015 | 6:06 PM ET

    KINGSTON, Jamaica— The Bahamas attorney general expressed frustration Thursday with a decision by the developer of a $2.5 billion hotel-and-casino project in Nassau to file for bankruptcy protection in a U.S. court. "The government feels very strongly that resolution of the disputes that have delayed the project should occur in the Bahamas," she said.

  • WILMINGTON, Delaware, July 1- The bankrupt $3.5 billion Baha Mar mega resort in the Bahamas secured up to $30 billion in interim financing on Wednesday, but it was unclear when construction on the stalled project would resume. Baha Mar's developer, Sarkis Izmirlian, the son of Armenian billionaire Dikran Izmirlian, has agreed to arrange the funding.

  • China's big ambitions stumble at Bahamas resort Tuesday, 30 Jun 2015 | 3:02 PM ET

    Nassau, Bahamas/ Beijing June 30- China's push to extend its influence in the Western Hemisphere has hit an embarrassing setback at an unfinished, $3.5 billion resort and casino project in the Bahamas. And on Monday, Baha Mar Ltd, developer of the 2,323 room resort located along Cable Beach near downtown Nassau, filed for voluntary bankruptcy protection in a...

  • KINGSTON, Jamaica— The developer of a $3.5 billion hotel-and-casino project under construction in the Bahamas announced Monday that it has filed for U.S. Baha Mar Ltd. said the U.S. filings were being done "voluntarily" in an effort to complete construction and open the megaresort touted as the most expensive project ever undertaken in the Bahamas.

  • LONDON, April 28- Copper edged up on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Copper has been consolidating since hitting near six-year lows in January, as unexpected supply disruptions spurred analysts to cut their 2015 surplus forecasts.

  • LONDON, April 28- Copper edged up towards a one-week high on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Three-month copper on the London Metal Exchange had risen 0.5 percent to $6,094 a tonne by 1111 GMT, near a one-week high of $6,122 hit in the...

  • MELBOURNE, March 19- London copper rose more than 1 percent on Thursday, after dropping to a one-month low in the previous session, as the dollar sagged on indications of a later start to U.S. interest rate hikes. "It's all about the U.S. dollar and it's pretty short-term," said analyst Joel Crane at Morgan Stanley in Melbourne. London Metal Exchange copper rose 1.3...

  • *Prices for new homes in China fell at record pace in Feb. LONDON, March 18- Copper hit a three-week low on Wednesday on poor prospects in top consumer China and ahead of a Federal Reserve meeting expected to lay the groundwork for an increase to U.S. interest rates. In China there was more evidence of economic weakness after prices for new homes fell at the fastest...

  • How Do You Fight Disaster? Illness? With Huge Sales Friday, 8 Mar 2013 | 5:07 PM ET

    Cruise lines are rolling out huge discounts and extras to help potential passengers forget the disaster and illness that have plagued the industry lately. And for some -- it's working!

  • *30,000 to 40,000 will need shelter, New York mayor says. NEW YORK, Nov 4- A housing crisis loomed in New York City as victims of superstorm Sandy struggled on Sunday without heat in near-freezing temperatures, and officials fretted displaced residents would not be able to vote in Tuesday's presidential election.

  • HATTERAS ISLAND, N.C., Oct 27- Hurricane Sandy closed in on the United States on Saturday as it threatened to hit the eastern third of the country with torrential rains, high winds, major flooding and power outages a week before U.S. presidential and congressional elections.

  • UPDATE 4-Hurricane Sandy closes in on U.S. East Coast Saturday, 27 Oct 2012 | 4:16 PM ET

    HATTERAS ISLAND, N.C., Oct 27- Hurricane Sandy closed in on the United States on Saturday, where it threatens to hit the eastern third of the country with torrential rains, high winds, major flooding and power outages a week before U.S. presidential and congressional elections.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remained highly menacing as it pulled away from the Bahamas, making a slow path toward the U.S. northeast coast where it threatens to become one of the worst storms in decades.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.

  • Sandy leaves Bahamas after killing 43 in Caribbean Friday, 26 Oct 2012 | 11:16 PM ET

    NASSAU, Bahamas-- Hurricane Sandy spun away from the Bahamas late Friday after causing 43 deaths across the Caribbean, churning northward toward the U.S. East Coast, where it threatens to join with winter weather fronts to create a super storm.

  • MIAMI, Oct 26- Hurricane Sandy, a late-season Atlantic cyclone that threatens to be one of the worst storms to hit the U.S. Northeast in decades, slogged slowly northward on Friday after killing at least 41 people in the Caribbean.

  • Oct 26- U.S. electric companies from Maine to Florida were bracing for heavy wind, rain and flooding that could take down power lines and threaten to close some East Coast nuclear plants early next week when Hurricane Sandy comes ashore.