Latin America Caribbean

  • FORT LAUDERDALE, Fla., Aug 31- The first regularly scheduled commercial flight between the United States and Cuba in more than half a century was set to depart on Wednesday, opening another chapter in the Obama administration's efforts to open trade and travel with the former Cold War foe. The first of several U.S. carriers to begin serving Cuba in the coming months,...

  • FORT LAUDERDALE, Fla., Aug 31- The first regularly scheduled commercial flight between the United States and Cuba in more than half a century is set to depart on Wednesday, starting a new chapter in the Obama administration's bid to open trade and travel with the former Cold War foe. The first of several U.S. carriers to begin serving Cuba in the coming months, JetBlue...

  • HAVANA/ NEW YORK, Aug 29- An expected explosion in U.S. tourism to Cuba will likely take years to materialize even after U.S. airlines resume commercial flights to the Caribbean island this week for the first time since 1961, industry officials said. Congress has yet to lift a trade embargo that prohibits U.S. citizens from visiting Cuba as tourists.

  • HAVANA, Aug 26- Cuba said on Friday it was ready to receive U.S. commercial flights beginning next week and that it viewed their renewal after being suspended in 1961 as another positive step in a growing detente. JetBlue is scheduled to inaugurate direct flights between the long-time nemeses on Aug. 31, when it flies from Fort Lauderdale, Florida, to Villa Clara in...

  • *UK court ruling effectively raises investor approval hurdle. *More details to be published on Aug. 26. LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the brewer's 79 billion pound takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB aimed at making the vote as fair as possible.

  • LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the company's takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB for a split. SAB requested that those two shareholders-- cigarette maker Altria Group and Bevco, a vehicle of Colombia's Santo Domingo family-- be treated as a...

  • LONDON, Aug 23- A UK court has ruled that SABMiller shareholders can be treated as two classes when they vote on the company's takeover by Anheuser Busch InBev, granting the request from the brewer for a split. The 79 billion pound deal requires 75 percent approval by SAB shareholders. SAB requested that those two shareholders- cigarette maker Altria Group and...

  • Villagers mill about the dirt streets of the impoverished village of Akaraolu, Nigeria while the two-hundred-foot tall Oshie gas flare looms constantly in the background.

    How much is known about smaller oil nations that play a role in lubricating the world with crude?

  • Former Cuban President Fidel Castro and President of Cuba's University Students Federation (FEU) Randy Perdomo look at a newspaper during a meeting in Havana in this picture provided by Cubadebate.  The pictures of Castro with Perdomo were taken on January 23, 2015 according to Perdomo's account.

    Fidel Castro thanked Cubans for their tributes to mark his 90th birthday, and the iconic leftist revolutionary also lambasted his old foe, the U.S.

  • Aug 4- Spanish fashion group Mango is set to open its first megastore in Cuba before the end of the year after a recent thaw in the country's diplomatic relations with the United States, a source close to the company said. Mango's sales grew by 15.3 percent in 2015, the Barcelona- based unlisted company reported in May, driven by a focus on opening megastores...

  • Aug 4- Spanish fashion group Mango is set to open its first megastore in Cuba before the end of the year after a recent thaw in the country's diplomatic relations with the United States, a source close to the company said. Mango's sales grew by 15.3 percent in 2015, the Barcelona- based unlisted company reported in May, driven by a focus on opening megastores...

  • CARACAS, Aug 4- Facing a national food crisis, Venezuela's pumpkin-growing socialist president is exhorting compatriots to grow fruit and vegetables on balconies and roofs and in barracks across the country. His government's " Great Agro-Venezuela Mission" is promoting city farming to offset shortages which have led to lootings and riots as the OPEC country...

  • HAVANA, Aug 4- Cuba has chosen French firms Bouygues and Groupe ADP to modernize, expand and operate its Jose Marti International Airport in Havana to cope with a tourism boom. Foreign visitors to the Caribbean island jumped by 12 percent in the first half of 2016, the Tourism Ministry said on Tuesday, putting Cuba on track to a new annual record and its ageing...

  • HAVANA, Aug 3- Cuba said on Wednesday it had chosen two French firms, construction group Bouygues and Aeroports de Paris SA, to modernize, expand and operate its Jose Marti International Airport in Havana to cope with a boom in tourism. The Transport Ministry said Cuba selected Bouygues because of its track record in the construction sector in Cuba and Aeroports...

  • PARIS, Aug 3- Axa, Europe's second-biggest insurer, reported a weaker than expected 4 percent rise in its first-half net profit, hit by lower investment returns, higher claims and despite a boost from real estate sales. Europe's biggest insurer after Germany's Allianz said it made a profit of 3.2 billion euros, falling short of the consensus market forecast of 3.6...

  • PARIS, Aug 3- AXA, Europe's second-biggest insurer, reported a 4 percent rise in net profit for the first half of 2016, boosted by proceeds from real estate disposals but held back by natural catastrophe costs and lower asset management revenue. "We have delivered resilient underlying earnings... despite market headwinds and a higher cost of natural events,"...

  • MEXICO CITY, Aug 2- Mexico's largest airline group, Aeromexico, will increase the frequency of flights on five of its main international routes, the company said on Tuesday. On its European routes, Aeromexico will offer daily flights from Mexico City to Amsterdam and to London Heathrow- up from three and six flights per week, respectively. In May, Aeromexico started...

  • *UK court hearing on voting system Aug. 22. *Deal completion expected Oct. 10, trading on Oct. 11. AB InBev has put forward two variations of its offer: a straight 45 pounds per share intended for the majority of investors and a cash-and-shares offer aimed at SABMiller's two largest shareholders, Altria and the Santo Domingo family of Colombia.

  • *China approval conditional on joint venture stake sale. *Brazil beer volume down 4.5 pct after 10 pct drop in Q1. BRUSSELS/ BEIJING, July 29- Brewer Anheuser-Busch InBev cleared a major hurdle towards its takeover of SABMiller with regulatory approval from China on Friday, leaving the acquisition's future in the hands of the British company's board.

  • *Brazil beer volume down 4.5 pct after 10 pct drop in Q1. BRUSSELS, July 29- Anheuser-Busch InBev's chief executive urged SABMiller shareholders on Friday to recognise its improved takeover offer as a compelling last chance as it waits for its rival's view on the new $100- billion- plus bid. The maker of Budweiser, Stella Artois and Corona raised its bid for...