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Business Cuba

  • Tourists sit near a cruise ship in Havana, Cuba May 15, 2017.

    U.S. tour operators that send Americans to Cuba are banding together to try to limit damage to business from tighter restrictions on travel.

  • Economy Minister Ricardo Cabrisas said at the opening session of the National Assembly that Cuba's GDP grew just over 1 percent in the first six months of 2017 and is on track to hit an estimated 2 percent for the full year. The rebound came despite the economic crisis in Venezuela, which provides oil and other support to the island. The government said Cuba's...

  • HOUSTON/ HAVANA, July 13- Venezuela's crude and fuel deliveries to Cuba have slid almost 13 percent in the first half this year, according to documents from state-run oil company PDVSA viewed by Reuters, threatening to worsen gasoline and power shortages in the communist-run island. Venezuela's shipments of crude for Cuba's refineries dropped 21 percent to...

  • A love couple is seen on the seven kilometre sea wall 'Malecon' in Havana Bay

    Cuban authorities have made a move to reignite citizens’ sex lives by reintroducing a series of state-run pay-per-hour motels which they hope will “diversify the options for love”, the country’s official trade union weekly Trabajadores announced on Monday.

  • June 28- Southwest Airlines Co said it would reduce the number of flights to Cuba, joining other U.S. airlines, as President Donald Trump's Cuba policy continues to restrict Americans traveling to the country. The airline will stop flying to Varadero and Santa Clara in Cuba on Sept. 4 and has applied with the U.S. Department of Transportation for another daily...

  • In any industry certainty is better than none: Royal Caribbean CEO

    CNBC's Susan Li talks with Richard Fain, Royal Caribbean CEO, about the travel ban, the cruise industry, the price of oil and ship innovation.

  • Cuba is still a very small part of our business: Carnival CEO

    Carnival CEO Arnold Donald talks about the company's second quarter earnings and sales beating expectations amid recent international terrorist attacks and Cuba sanctions with CNBC's Susan Li.

  • HAVANA, June 22- Minnesota's government and businesses will continue to engage with Cuba in the areas they can, like agricultural trade, despite U.S. The first U.S. state representative to make an official visit to Communist-run Cuba since Trump's announcement on Friday, Smith said authorities there were worried about the setback to bilateral relations.

  • President Donald Trump's speech on Cuba was a "grotesque spectacle," but the island's government will continue working towards better relations with the majority of Americans who back detente, Cuban Foreign Minister Bruno Rodriguez said on Monday. Trump announced a partial rollback of the normalization of relations with Cuba on Friday in Miami, the...

  • President Donald Trump's speech on Cuba was a "grotesque spectacle," but the island's government will continue working towards better relations with the majority of Americans who back detente, Cuban Foreign Minister Bruno Rodriguez said on Monday. Trump announced a partial rollback of the normalization of relations with Cuba on Friday in Miami, the...

  • President Donald Trump's speech on Cuba was a "grotesque spectacle" straight out of the Cold War and will strengthen patriotism on the island, Cuban Foreign Minister Bruno Rodriguez said at a news conference on Monday. Speaking in Vienna during a tour of European countries, Rodriguez also said Cuba would not accede to Trump's demand to return fugitives sought...

  • US and UK trade is of  'enormous' mutual importance: Liam Fox

    I think there is a common understanding that if we want to get investments we have to create the conditions for investments, says Liam Fox, U.K. International Trade secretary, at the 2017 Select USA Investment Summit.

  • Commerce Secretary Wilbur Ross speaks about new tariffs on Canadian softwood lumber from the White House in Washington, April 25, 2017.

    Commerce Secretary Wilbur Ross, and Liam Fox, U.K. International Trade secretary, talks about the 2017 Select USA Investment Summit which promotes and facilitiates business investment in the United States.

  • Wilbur Ross: Here's why companies should invest in the US

    We are lowering taxes, cutting regulations, stimulating the workforce, unleashing our energy resources and redoing trade agreements, says Commerce Secretary Wilbur Ross, laying out the case for investing in the United States at the 2017 Select USA Investment Summit.

  • MIAMI, June 16- President Donald Trump on Friday ordered tighter restrictions on Americans traveling to Cuba and a clampdown on U.S. business dealings with the Caribbean islands military, saying he was canceling former President Barack Obama's "terrible and misguided deal" with Havana. Laying out his new Cuba policy in a speech in Miami, Trump signed a...

  • MIAMI, June 16- President Donald Trump on Friday ordered tighter restrictions on Americans traveling to Cuba and a clampdown on U.S. business dealings with the Caribbean islands military, saying he was canceling former President Barack Obama's "terrible and misguided deal" with Havana. Laying out his new Cuba policy in a speech in Miami, Trump signed a...

  • NEW YORK, June 16- U.S. President Donald Trump's rollback on his predecessor's liberalization of travel to Cuba will all but eliminate a burgeoning market for independent tourism, forcing would-be visitors into organized trips, experts said. Now, under directives announced by Trump on Friday, independent travel to Cuba from the United States will once again be...

  • Trump said in the speech widely broadcast in Cuba that he was canceling former President Barack Obama's "terrible and misguided deal" with the Communist-run island that aimed to normalize ties after five decades of hostility. In the rest of Havana, Cubans at home watched the speech translated into Spanish on Venezuelan channel Telesur. The landmark 2014...

  • MIAMI, June 16- President Donald Trump on Friday ordered tighter restrictions on Americans traveling to Cuba and a clampdown on U.S. business dealings with the Caribbean islands military, saying he was canceling former President Barack Obama's "terrible and misguided deal" with Havana. Laying out his new Cuba policy in a speech in Miami, Trump signed a...

  • President Donald Trump greets guests after he announced his Cuba policy at the Manuel Artime Theater in the Little Havana neighborhood in Miami, Florida, U.S. June 16, 2017.

    Self-employed Cubans would not only suffer from reduced U.S. travel but also further isolation.