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Cuba

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  • HAVANA— The thaw in relations between the U.S. and Cuba has led to a stunning 36 percent increase in visits by Americans to the island, including thousands who are flying into Cuba from third countries like Mexico in order to sidestep U.S. restrictions on tourism. The dramatic rise was seen in the number of Americans with no family ties to Cuba who visited between...

  • Destination Cuba   Friday, 22 May 2015 | 6:42 AM ET
    Destination Cuba

    Nathan Lump, Travel + Leisure editor, discusses tourism potential in Cuba, and summer travel deals abroad.

  • MIAMI, May 20- Stonegate, a small Florida bank, has opened an account for the Cuban government, according to a source familiar with the state's banking industry, removing an obstacle in the way of Washington and Havana restoring diplomatic ties after more than 50 years. President Barack Obama said he was seeking to improve diplomatic and commercial relations...

  • This small Florida bank opens Cuban gov't account Wednesday, 20 May 2015 | 12:26 PM ET
    A classic taxi car cruises the streets of Havana, Cuba.

    A small bank in Florida is the first to open a bank account for the Cuban government, CNBC confirms.

  • Stonegate Bank opens bank account for Cuban gov't   Wednesday, 20 May 2015 | 11:25 AM ET
    Stonegate Bank opens bank account for Cuban gov't

    A small bank in Florida has opened up a bank account for the Cuban government, reports CNBC's Michelle Caruso-Cabrera.

  • WASHINGTON— Cuba has established a banking relationship in the U.S., clearing another major obstacle to the countries re-establishing diplomatic relations, a senior State Department official said Tuesday. The official refused to identify the bank, though news reports had suggested Cuba was negotiating with a Florida- based financial institution.

  • Cuban rum coming to the US   Tuesday, 19 May 2015 | 11:00 AM ET
    Cuban rum coming to the US

    Pernod is ready to bring its Cuban rum to the U.S.

  • WASHINGTON— The House passed a nearly $612 billion defense policy bill Friday despite President Barack Obama's veto threat and Democratic worries that the measure opens the door to sharp cuts in domestic spending later this year. Adam Smith of Washington state, the ranking Democrat on the House Armed Services Committee, urged his colleagues to vote against...

  • HAVANA/ PARIS, May 12- French oil company Total on Tuesday denied it had signed an offshore exploration deal with Cuba during President Francois Hollande's visit there. "Total categorically denies it has signed an offshore exploration agreement with Cuba," a spokesman said. A source with knowledge of the matter said Total's marketing and services branch, which...

  • Airbnb makes its move into Cuba   Monday, 11 May 2015 | 11:33 AM ET
    Airbnb makes its move into Cuba

    Brian Chesky, CEO & co-founder of Airbnb, discusses fostering the entrepreneurial spirit, and the road to 1.2 million homes on its websites. Airbnb found the company brought $1.15 billion to New York City in 2014.

  • Ferries are coming to Cuba   Friday, 8 May 2015 | 4:50 PM ET
    Ferries are coming to Cuba

    The White House is approving ferry services for travel between the U.S. and Cuba. Joe Hinson, Baja Ferries USA, discusses the company's opportunity.

  • HAVANA, May 6- Cuba unveiled new data on Wednesday it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration even with the thaw in U.S. relations. The United States and Cuba have vowed to restore diplomatic relations after more than 50 years of animosity, but the...

  • The places close to USA where China is winning Wednesday, 6 May 2015 | 1:34 PM ET
    China's President Xi Jinping, left, is welcomed by his Brazilian counterpart Dilma Rousseff at Planalto Palace on July 17, 2014 in Brasilia.

    "The Chinese government hopes to develop itself on par with (the United States), Europe and Russia as an international leader," says one expert.

  • Jetblue adds direct flight to Cuba   Wednesday, 6 May 2015 | 7:00 AM ET
    Jetblue adds direct flight to Cuba

    Jetblue is starting new weekly service from New York to Cuba.

  • Now THIS is how to make some money in Cuba Tuesday, 5 May 2015 | 10:52 AM ET
    Havana, Cuba.

    Online lodging broker Airbnb has figured out how to do business in Cuba, despite its extremely low Internet penetration.

  • The play on Cuba   Monday, 4 May 2015 | 5:31 PM ET
    The play on Cuba

    From the eMerge Americas Conference in Miami, CNBC's Michelle Caruso-Cabrera and the FM traders look for investment opportunities in Cuba.

  • Can a stock market killed in 1959 return to life? Friday, 1 May 2015 | 9:57 AM ET
    Tourists take in the sites from a tour bus in Havana, Feb. 28, 2015.

    With the diplomatic thaw between Cuba and the US, a more open Cuba could create a stock market that rewards investors.

  • HAVANA- NEW YORK'S INFOR SAYS REACHES DEAL TO RESELL SOFTWARE IN CUBA.

  • Cuba's not as open for business as everyone thinks Tuesday, 21 Apr 2015 | 1:54 PM ET
    A taxi cab in Havana, Cuba.

    American companies have been eyeing the Cuban market since December but consultants are wary about how easy it will be to do business there.

  • HAVANA, April 20- New York Governor Andrew Cuomo met senior Cuban officials in Havana on Monday as the head of a high-powered business delegation looking to take advantage of President Barack Obama's easing of restrictions with the Communist-led island. Cuomo, a Democrat, is the first governor to visit Cuba since a December announcement by Obama and Cuban...