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  • Californians want rum-crazy Cuba to start drinking wine Wednesday, 3 Feb 2016 | 12:00 AM ET

    HAVANA— The 3.5 million tourists who flooded Cuba last year downed oceans of mojitos, lakes of daiquiris and rivers of thin, sour beer. Thousands of private restaurants have cropped up around Cuba in recent years under economic reforms designed to soften the shock of cutbacks in the troubled state-controlled economy. Cava Exports, a two-year-old company...

  • LONDON, Feb 2- Copper hit a four-week high on Tuesday as bets on lower prices were reversed ahead of a Chinese holiday, but prices slipped later in the day as focus returned to oversupply and weak demand growth in top consumer China. Benchmark copper on the London Metal Exchange was down 0.7 percent to $4,529 a tonne at 1527 GMT. The metal used in power and...

  • LONDON, Feb 2- Copper prices hit a four-week high on Tuesday as traders reversed bets on lower prices ahead of the Lunar New Year and sentiment was boosted by expectations of further supply cuts to offset slowing demand in top consumer China. Benchmark copper on the London Metal Exchange was up 0.9 percent at $4,601 a tonne at 0954 GMT. China starts a week-long...

  • PARIS, Feb 2- Cuba sought to drum up foreign investment on Tuesday as ministers on a state visit to Paris promised French business leaders that the Communist-run country is open for business. Cuba saw growth reach 4 percent last year as the centrally-planned economy gradually opens up and the country re-builds ties with the West. Ricardo Cabrisas Ruiz, Cuba's...

  • MELBOURNE, Feb 2- London copper was treading water on Tuesday after China's factory growth slowed sharply in January, but solid Chinese imports of the metal in December have sparked confidence that prices are finding a floor. *Shanghai Futures Exchange copper was steady at 35,610 yuan a tonne. *China's manufacturing activity contracted at its fastest pace in...

  • Fabrinet beats Street 2Q forecasts Monday, 1 Feb 2016 | 4:43 PM ET

    GEORGE TOWN, Cayman Islands _ Fabrinet on Monday reported fiscal second-quarter profit of $19.8 million. For the current quarter ending in April, Fabrinet expects its per-share earnings to range from 52 cents to 54 cents. Fabrinet shares have risen slightly more than 5 percent since the beginning of the year.

  • PARIS, Feb 1- France agreed on Monday to convert half of Cuba's debt arrears to Paris into investment projects during a visit by Cuban President Raul Castro to the French capital to forge closer ties. As relations between Washington and Havana warm, France has been eager to build closer financial and commercial ties with Cuba. France and other Paris Club...

  • One industry's shares try to recover from Zika Monday, 1 Feb 2016 | 12:47 PM ET
    A worker fumigates the Sambadrome ahead of Carnival celebrations in Rio de Janiero, Brazil, on Tuesday, Jan. 26, 2016. The operation is part of the Health Ministry's efforts to eradicate the Aedes aegypti mosquito, which is thought to spread the Zika virus being blamed for causing birth defects.

    Tourism and travel-related stocks have taken a hit from worries surrounding the Zika virus.

  • France calls on US to lift economic embargo on Cuba Monday, 1 Feb 2016 | 3:58 AM ET

    PARIS— France called on the U.S. to lift the economic embargo against Cuba during a historic state visit Monday by the Caribbean island's president aimed at boosting economic relations between Havana and Paris. "We appreciate France's traditional position in favor of the lifting of the economic, commercial and financial embargo from the United States...

  • HAVANA— Cuba announced Sunday night that it is launching broadband Internet service in two Havana neighborhoods as a pilot project aimed at bringing home access to one of the world's least connected nations. Still, any fiber-optic home connections would be an important milestone in Cuba, where broadband home service is currently legal only for diplomats and...

  • PARIS, Jan 29- France is to sign a deal with Cuba next week to ease the Caribbean island nation's bilateral debt to Paris during a visit by the Cuban president to the French capital, a diplomatic source said on Friday. With ties between Washington and Havana warming, France is eager to further improve relations with Cuba starting with a visit by French President...

  • *Freeport copper export licence expired Thursday. *Freeport says "everything is normal" at massive mine. Asked if overseas shipments had ceased, a Freeport spokesman said "everything is normal", without elaborating.

  • *Freeport copper export licence expired Thursday. JAKARTA, Jan 29- Indonesia has not yet issued a new copper export permit to the local unit of U.S. mining giant Freeport McMoRan Inc, government officials said on Friday, but talks on the issue are expected to continue later in the day. Freeport's six-month licence to export copper concentrate expired on Thursday...

  • WASHINGTON/ HAVANA, Jan 26- The United States approved a wider range of commerce with Cuba on Tuesday, making it easier for U.S. companies to film movies, finance exports and do business with the Communist government on public infrastructure projects. Although most U.S. trade with Cuba remains banned under the economic embargo, President Barack Obama has been...

  • WASHINGTON, Jan 26- The United States on Tuesday announced changes to its sanctions on Cuba, lifting export payment and financing restrictions and facilitating airline travel in Washington's latest move to ease the U.S. embargo on the Communist-ruled island. The amendments, which take effect on Wednesday, "will remove restrictions on payment and financing...

  • *China stocks lead Asia lower as oil tumbles below $30. LONDON, Jan 26- Copper and zinc hit multi-week peaks on Tuesday, bucking a weaker trend in other markets, as speculators bought back short positions ahead of a holiday break in top metals consumer China. The lack of clarity ahead of the Chinese new year and a U.S. central bank meeting led investors to cancel some of...

  • *China stocks lead Asia lower as oil tumbles below $30. *Freeport yet to pay Indonesia smelter deposit. Weak demand from top copper consumer China remains a key concern for the metal, said Helen Lau, analyst at Argonaut Securities in Hong Kong, muting the impact of recent output cuts The most-traded March copper contract on the Shanghai Futures Exchange slipped...

  • HAVANA, Jan 26- Cuba's tourism industry is under unprecedented strain and struggling to meet demand with record numbers of visitors arriving a year after detente with the United States renewed interest in the Caribbean island. Cuba received a record 3.52 million visitors last year, up 17.4 percent from 2014. As it is, foreigners face extreme difficulties...

  • *Freeport yet to pay Indonesia smelter deposit. Three-month copper on the London Metal Exchange was up 0.2 percent at $4,424 a tonne by 0448 GMT, well off a session high of $4,450. "Weak demand from top copper consumer China remains a key concern for the metal," said Helen Lau, analyst at Argonaut Securities in Hong Kong, muting the impact of recent production cuts by...

  • *Govt wants Freeport to pay $530 mln smelter deposit. Freeport, which has seen its stock plummet over 70 percent in the last three months as commodity markets plunge, could be forced to halt exports from its massive Grasberg copper and gold mine in Papua if it fails to meet government obligations. Freeport executives are expected to discuss the issue with the...