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
HAVANA, April 12- France's foreign minister arrived in Cuba on Saturday for a brief but historic visit, the first by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.
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.
CARACAS, Feb 20- Security forces and protesters fought around Venezuela on Thursday in streets blocked by burning barricades and a supporter of socialist President Nicolas Maduro was shot dead, the sixth fatality from more than a week of violence.
*EU offers talks to Cuba on trade, investment accord. BRUSSELS, Feb 20- Eleven months before Barack Obama's historic handshake with Raul Castro, Europe staged its own show of friendliness with Cuba. But all this warmth at Nelson Mandela's memorial service in South Africa has brought no radical change and the U.S. trade embargo on Cuba, imposed in 1962, remains.
CARACAS, Feb 20- Venezuelan security forces and demonstrators faced off in streets blocked by burning barricades in several provincial cities on Thursday as protests escalated against President Nicolas Maduro's socialist government.
BRUSSELS, Feb 10- The European Union agreed on Monday to launch negotiations with Cuba to increase trade, investment and dialogue on human rights in its most significant diplomatic shift since Brussels lifted sanctions on the communist-ruled country in 2008..