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  • HAVANA— Cuba is a land of architectural splendors, stunning scenery, warm, welcoming people and some of the world's worst hotels. So when American hotel giant Starwood announced a deal to manage the Fifth Avenue Hotel run by the Cuban military in the upscale Miramar section of Havana, I was intrigued. With patron Venezuela collapsing, Cuba needs tourists' money.

  • July 21- French construction group Bouygues is employing more than 100 Indian laborers to work on a hotel it is building in Cuba, breaking a taboo in the Communist-run country on hiring foreign labor in order to meet increased tourism demand. For a country struggling to prop up export revenue in the face of low commodity prices, foreign workers on the Caribbean...

  • HAVANA, July 14- The director of Oxfam broke the global aid agency's longtime silence on the U.S. trade embargo on Cuba, urging the American Congress to lift it "sooner rather than later" given the island's mounting economic woes. Winnie Byanyima said in an interview in Havana that Oxfam was set to formally campaign against the embargo as part of its broader...

  • The Soviet-era refinery, a joint-venture with Venezuela, is currently running at its minimum output capacity of 50,000 bpd, said Luis Morillo, the general manager of PDVSA's Cuba division. His comments come days after Cuban President Raul Castro acknowledged that oil imports from Venezuela had fallen this year, creating further problems for the...

  • HAVANA, July 11- Cuba has opened a shop in Havana that could eventually operate as the Communist-ruled island's first wholesale store for the fledgling private sector, offering products in bulk at lower prices than in expensive retail outlets. They said the plan was for Zona+ to sell everything in bulk at a discount, catering in particular to the small businesses...

  • HAVANA, July 8- Japanese trading house Mitsubishi Corp is scouting for business opportunities in Cuba including infrastructure projects at its Mariel special development zone, a top executive said on Friday. Cuba launched the zone, centered around a new container terminal, two-and-a-half years ago in a bid to become a shipment hub and spur new industrial...

  • HAVANA, July 8- President Raul Castro told Cubans on Friday to brace for tough times because the Communist-run country must cut spending and energy supply as it deals with a cash crunch and reduced oil imports from ally Venezuela. Cuban economic growth slowed to 1 percent in the first half of this year from 4.7 percent in the same period of 2015, Castro told the...

  • HAVANA, July 8- Cuban economic growth slowed sharply to 1 percent in the first half of this year, because of lower exports and restrictions in fuel supply, Economy Minister Marino Murillo said on Friday, according to Cuban news agency Prensa Latina. While no statistics are available, revenue from the sale of professional services to oil-producing nations such as...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • WASHINGTON/ NEW YORK, July 7- The United States has tentatively approved flights on eight U.S. airlines to Havana as early as this autumn, with American Airlines Group Inc receiving the largest share of the limited routes, the Transportation Department said on Thursday. The decision, about a year after the United States and Cuba re-established diplomatic...

  • WASHINGTON/ NEW YORK, July 7- The United States has tentatively approved flights on eight U.S. airlines to Havana as early as this fall, with American Airlines Group Inc receiving the largest share of the limited routes, the U.S. Transportation Department said Thursday. The decision, coming about a year after the United States and Cuba re-established diplomatic...

  • WASHINGTON/ NEW YORK, July 7- The United States has tentatively approved flights on eight U.S. airlines to Havana as early as this fall, with American Airlines Group Inc receiving the largest share of the limited routes, the U.S. Transportation Department said Thursday. The decision, coming about a year after the United States and Cuba re-established diplomatic...

  • WASHINGTON/ NEW YORK, July 7- The United States has tentatively approved flights on eight U.S. airlines to Havana as early as this fall, with American Airlines Group Inc receiving the largest share of the limited routes, the U.S. Transportation Department said Thursday. The decision, coming about a year after the United States and Cuba re-established diplomatic...

  • WASHINGTON, July 7- The Obama administration on Thursday proposed eight airlines including United Continental Holdings Inc, Delta Air Lines Inc, American Airlines Group Inc (AAL.O> and JetBlue Airlines Corp to start nonstop flights from the United States to Havana, Cuba, as early as this fall, administration officials said. They include Atlanta, Charlotte, Fort...

  • WASHINGTON, July 7- The Obama administration on Thursday proposed eight airlines including United Continental Holdings Inc, Delta Air Lines Inc, American Airlines Group Inc (AAL.O> and JetBlue Airlines Corp to start nonstop flights from the United States to Havana, Cuba as early as this fall, administration officials said. "Today we take another important step...

  • HAVANA, June 27- A large "Four Points by Sheraton" sign has gone up outside the Havana hotel that this week becomes the first in Cuba to operate under a U.S. brand since the 1959 revolution. The military-owned Gaviota 5th Avenue Hotel, close to the Caribbean seafront, is one of two hotels that Starwood Hotels& Resorts Worldwide agreed to manage in a...

  • HAVANA, June 27- A large "Four Points by Sheraton" sign has gone up outside the Havana hotel that this week becomes the first in Cuba to operate under a U.S. brand since the 1959 revolution. The military-owned Gaviota 5th Avenue Hotel, close to the Caribbean seafront, is one of two hotels that Starwood Hotels& Resorts Worldwide agreed to manage in a...

  • HAVANA, June 27- A large "Four Points by Sheraton" sign has gone up outside the Havana hotel that this week becomes the first in Cuba to operate under a U.S. brand since the 1959 revolution. The military-owned Gaviota 5th Avenue Hotel, close to the Caribbean seafront, is one of two hotels that Starwood Hotels& Resorts Worldwide agreed to manage in a...

  • HAVANA, June 27- MasterCards from Florida- based Stonegate Bank are the first U.S.-issued credit cards that can be used to withdraw cash at automatic teller machines in Cuba, the first vice president of the country's central bank said on Monday. Irma Margarita Martinez, speaking to media on the sidelines of a financial services conference, said Cuba was open to...