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  • 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...

  • HAVANA— The Obama administration approved the first ferry service in decades between the United States and Cuba on Tuesday, potentially opening a new path for the hundreds of thousands of people and hundreds of millions of dollars in goods that travel between Florida and Havana each year. "I think it's a further indication of the seriousness of the Obama...

  • Herbalife shares surge as it boosts outlook Tuesday, 5 May 2015 | 4:36 PM ET

    Shares of Herbalife Ltd. jumped in after-hours trading Tuesday as the seller of supplements and weight-loss products boosted its outlook for the year. For the current quarter ending in June, Herbalife expects its per-share earnings to range from $1.05 to $1.15. A year ago, Herbalife earned $74.6 million, or 74 cents per share.

  • Fabrinet beats Street 3Q forecasts Monday, 4 May 2015 | 5:36 PM ET

    GEORGE TOWN, Cayman Islands _ Fabrinet on Monday reported fiscal third-quarter net income of $10.8 million. For the current quarter ending in June, Fabrinet expects its per-share earnings to range from 37 cents to 39 cents. Fabrinet shares have climbed slightly more than 5 percent since the beginning of the year.

  • Anti-Cuban embargo movement picks up steam in US Monday, 4 May 2015 | 3:16 PM ET

    HAVANA— Big businesses and politicians from both sides of the ideological spectrum are putting their muscle into new Washington lobbying efforts to end the U.S. embargo on Cuba as the two countries press ahead to re-establish diplomatic relations. Gross was held on espionage charges in Havana for five years before being released in December amid moves...

  • HAVANA— An official Cuban newspaper reports that Fidel Castro joined his brother, President Raul Castro, for a rare appearance to meet with Japan's foreign minister. Kishido arrived in Cuba on Friday with a delegation of business leaders. Fidel Castro handed power to his younger brother in 2006 after suffering from poor health.

  • White House slams GOP defense budget Tuesday, 28 Apr 2015 | 7:14 PM ET

    WASHINGTON— The White House is vigorously pushing back against provisions in a proposed $604 billion Republican defense budget plan that contradict President Barack Obama's national security priorities on issues ranging from the detention facility at Guantanamo Bay to changes in weapons systems. The White House took the unusual step Tuesday of...

  • LONDON, April 28- Copper edged up on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Copper has been consolidating since hitting near six-year lows in January, as unexpected supply disruptions spurred analysts to cut their 2015 surplus forecasts.

  • LONDON, April 28- Copper edged up towards a one-week high on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Three-month copper on the London Metal Exchange had risen 0.5 percent to $6,094 a tonne by 1111 GMT, near a one-week high of $6,122 hit in the...

  • WASHINGTON— The GOP chairman of the House Armed Service Committee on Monday recommended a $604 billion defense budget for 2016 that challenges the White House because it includes lethal weapons for Ukraine, makes it harder for the president to empty the detention facility at Guantanamo Bay and restores funding for the A-10 fleet. Adam Smith, D- Wash., the ranking...

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

  • 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...

  • MIAMI, April 16- Boost Mobile, part of Sprint Corp, on Thursday launched a prepaid plan for U.S. consumers calling and texting Cuba, taking advantage of new, relaxed U.S. commercial regulations with the Communist-run island nation. The Obama administration's new Cuban policy regulations approved by the Treasury and Commerce departments have opened the door for...

  • PANAMA CITY, April 12- Cuba and the United States just made history. At a time of multiple risks to his foreign policy record- from Iran's nuclear program and the war in Syria to Russian involvement in Ukraine and the violence of Islamic State- getting on well with Cuba looks relatively easy. "I think there is a strong majority both in the United States and in Cuba that...

  • *Obama appears close to removing Cuba from terrorism list. *Venezuela issue tempers regional enthusiasm over U.S.- Cuba. President Barack Obama and Cuban President Raul Castro shook hands on Friday at a summit in Panama, a symbolically charged gesture as the pair seek to restore ties between the Cold War foes.

  • *Obama appears close to removing Cuba from terrorism list. *Venezuela issue tempers regional enthusiasm over U.S.' s Cuba move. The leaders spoke by phone on Wednesday before Obama left Washington, discussing the process of resuming formal diplomatic relations and opening embassies, the White House said.

  • KINGSTON, April 9- President Barack Obama on Thursday unveiled a major clean energy partnership at a Caribbean summit where he sought to reassert U.S. leadership in the region at a time when oil-producing Venezuela's economic clout appears to be receding. The review is being studied by the White House, and a green light for Havana's removal would open the door to...

  • WASHINGTON, April 7- The U.S. State Department could recommend within a few days that Cuba be removed from its list of countries accused of sponsoring terrorism, a U.S. official said on Tuesday, a major move toward rapprochement ahead of a hemispheric summit this week. President Barack Obama ordered the review after announcing a diplomatic breakthrough with...

  • WASHINGTON, April 7- The U.S. State Department is expected to recommend within a day or two that Cuba be removed from its list of countries accused of sponsoring terrorism, CNN reported on Tuesday. Obama has vowed to act quickly once he receives a State Department recommendation on whether to remove Cuba from the U.S. list of terrorism-sponsoring countries.

  • WASHINGTON, April 2- Online home-rental marketplace Airbnb Inc now offers properties in Cuba, the company said on Thursday, as it looks to capitalize on an expected travel boom resulting from the normalizing of relations between the United States and the Communist-run nation. But pure beach and resort tourism remains illegal for Americans in Cuba under a...