The Treasury Department said energy drinks firm Red Bull settled a potential civil liability suit for alleged violations of US sanctions against Cuba.» Read More
KINGSTON, April 11- Cuba is protesting the decision by PriceSmart Inc, a major U.S.-based bulk-shopping warehouse, to suspend memberships of shoppers from the communist country at its Jamaica subsidiary, Cuban officials said on Friday.
Cuba's National Assembly passed a new foreign investment law designed to bring badly needed capital to the communist economy.
New Cuban law will allow foreign investors to 100 percent of a business there. Thomas Herzfeld of Thomas J. Herzfeld Advisors, provides guidelines for U.S. investors.
CNBC's Michelle Caruso-Cabrera outlines new Cuban law, including foreign investors can own 100 percent of a business there, and a promise of no expropriations.
Foreigners looking to invest in Cuba should keep in mind the country still lacks rule of law and protection of property rights, one attorney warns.
CNBC's Michelle Caruso-Cabrera takes a look at Cuba's new foreign investment law which will allow the existence of foreign-owned businesses.
CNBC's Michelle Caruso-Cabrera reports on the new Cuban investment law.
CARACAS, March 21- While hemophilia sufferer Sergio Tovar lay in agony for five days at a hospital in Venezuela, his friends and family scoured hospitals and pharmacies looking for life-saving drugs. Eventually a cousin, Jenny Sequeda, helped find a substitute for the protein coagulant Tovar needs for his blood condition.
HAVANA, March 19- Cuba's National Assembly will meet on March 29 to debate and approve a new foreign investment law that the government hopes will lure overseas capital and increase growth, state-run media outlets reported on Wednesday.
PARIS, March 19- France's foreign minister said on Wednesday he would soon travel to Cuba, the first such visit in 30 years and a sign of the quickening pace of improving ties between the European Union and Havana.
As Venezuela's economic woes deepen and violent clashes increase, Cuba's economy is walking on a tight rope.
HAVANA, March 17- Cuba is laying plans to move to a single currency, a reform that many feel is one of the toughest challenges facing President Raul Castro as he tries to kick-start the Communist country's moribund economy.
SERRANIA DE PERIJA, Colombia, March 10- After enduring eight hours of machine-gunfire and bombs between leftist rebels and right-wing paramilitaries, Maura Leonor Vega and her husband fled their home of four decades in Colombia's Andes for the shelter of the nearest town.
About half a million Americans legally travel to Cuba every year, and tour professionals are hopeful that policies may change to allow more.
HAVANA, Feb 24- Cuba continued to shed state jobs and move workers into the private sector in 2013, according to a report issued by the official labor federation at the weekend, as President Raul Castro pressed forward with reforms to the Soviet-style system.
President Raul Castro issued a stern warning to entrepreneurs pushing the boundaries of Cuba's economic reform.
Gordon Mott, executive editor of Cigar Aficionado, showcases this year's top three cigars and explains why this is the "golden age" of cigars.
Royal Bank of Scotland will pay $100 million to resolve U.S. probes into whether the bank violated U.S. sanctions laws against Iran, Sudan, Burma and Cuba.
The first storm of the Atlantic hurricane season to threaten the United States formed Thursday and was on a path for the Gulf Coast.
Real estate agents on the island of Cuba have had to work in the shadows, fearing arrest. Until now.