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  • President Barack Obama said on Monday he hopes the United States will open an embassy in Cuba by the time of a Western Hemisphere summit in Panama in mid-April. In an interview with Reuters, Obama also cautioned that it will take more time to fully establish normal relations with Cuba after more than a half-century rupture. Cuba is keen to have Washington's...

  • SAN FRANCISCO, March 2- Less than three months after U.S. and Cuban officials agreed to restore diplomatic ties, Amazon.com Inc appears to be laying the groundwork to ship packages to Cuba. A "ship to Cuba" button was seen on Monday on Amazon's website by Reuters correspondents in Havana. It is unclear how quickly Amazon, the largest U.S. online retailer, could start...

  • President Barack Obama said on Monday that he hopes the United States will open an embassy in Cuba by the time of a Western Hemisphere summit in Panama in mid-April. While critics, including some members of Congress, have called the end of U.S. attempts to isolate Cuba a gift to the authoritarian Cuban government, Obama said there are already signs it is prompting...

  • MEXICO CITY, Feb 28- A Mexican meat processing firm has become the first international company to get approval for an investment project in Cuba's first special economic development area, Mexico's foreign ministry said on Saturday. News of the investment follows December's agreement between the United States and Cuba to restore diplomatic ties after more...

  • EU and Cuba to restart talks after cultural dispute Friday, 27 Feb 2015 | 1:26 PM ET

    BRUSSELS, Feb 27- Cuba and the European Union will hold a third round of talks in Havana next week aimed at increasing trade, investment and political dialogue after overcoming a dispute that delayed the negotiations, an EU official said on Friday. EU officials suspect that Havana may not have felt ready for a third round last year because they were due to discuss...

  • Now he's delighted by the idea of customers lighting them up in New York, Los Angeles and elsewhere in the United States, where Cuban cigars have been outlawed since the U.S. embargo took effect in 1962.. "It's a very beautiful thought," said a smiling Alfonso, a 78- year-old worker in the tobacco shop of the Palco Hotel in western Havana. "This is an important jump in just...

  • Herbalife posts lower 4Q profit as sales slip Thursday, 26 Feb 2015 | 4:33 PM ET

    Herbalife Ltd. on Thursday reported that its fourth-quarter net income fell 16 percent to $103.3 million as sales slipped. Herbalife attributed the sales decline to the effect of the stronger dollar, which has hit a number of companies with international business. For the full year, Herbalife posted net income of $308.7 million, or $3.40 per share, on revenue of...

  • PARIS, Feb 25- Europe's second-biggest insurer AXA posted a 12 percent rise in 2014 net profit thanks to lower costs and raised its dividend, sending its shares to their highest since the start of the financial crisis. AXA shares rose nearly 5 percent to 22.48 euros in early trading, the highest level since Oct. 3, 2008, before pulling back to 21.925 at 1217 GMT.

  • The 175- room Marriott Port-au-Prince is a four-star hotel geared primarily toward travelers looking to do business in Haiti, said Denis O'Brien, chairman of Digicel, the telecommunications company that developed the project adjacent to its Haiti headquarters in the Turgeau neighborhood of the capital. "If a foreign direct investor is going to Haiti, they...

  • MIAMI, Feb 23- Catamaran builder Brian Hall is too young to remember when ferries plied the route between Florida and Cuba in the 1950 s, but he has plans to be among the first to revive the once-popular route. Boosted by President Barack Obama's policy of seeking to normalize relations with the Communist-ruled island after decades of U.S. isolation, Hall hopes to...

  • HAVANA— A Canadian automobile executive imprisoned in Cuba on corruption charges for more than three years was released Saturday after Cuba's government ended a case that it called a demonstration of the fight against bribery and critics said was a warning against doing business here. Cy Tokmakijian's case was seen by some as a loose end in the U.S.- Cuba deal...

  • US phone-card company strikes deal with Cuba Friday, 20 Feb 2015 | 12:08 PM ET

    HAVANA— A New Jersey- based company has struck the first publicly announced deal under reforms enacted this year that allow U.S. telecom firms to do business with Cuba. U.S. calls to Cuba have been typically put through by companies in third countries like Italy and Spain, Pereira said. IDT hopes that dealing directly with ETECSA will allow it to lower the price of...

  • MIAMI/ HAVANA, Feb 20- Hugo Cancio believes he's the new face of American-style entrepreneurship in Cuba. U.S. cable networks, private equity funds and law firms ask for Cancio's take on the thaw in relations between the United States and Cuba announced by President Obama in December. Antonio Zamora, a Miami lawyer aiming to do business in Cuba, said Cancio "is way...

  • HAVANA, Feb 17- The United States and Cuba will hold a second round of talks in Washington nest week aimed at restoring diplomatic relations, the State Department said on Tuesday, as U.S. Democratic senators visiting Havana said there may be enough support among Republicans to lift a trade embargo on Cuba. In particular, the United States wants to reopen the U.S....

  • In Cuba, U.S. senators see path for end to U.S. embargo Tuesday, 17 Feb 2015 | 11:22 AM ET

    Democratic senators visiting Havana said on Tuesday that there could be enough Republicans who support lifting a trade embargo on Cuba to dismantle it in Congress. The United States and Cuba agreed on Dec. 17 to restore diplomatic relations after more than five decades of hostility. Democratic senators Claire McCaskill, Mark Warner and Amy Klobuchar...

  • However, the U.S. State Department said many goods were excluded from the liberalization, including tobacco, vegetables and some textiles, and it was unclear whether Cuba would relax its own rules to permit Cubans to export to the United States. The move is the latest step toward normalization after the United States and Cuba agreed on Dec. 17 to begin the process...

  • WASHINGTON, Feb 13- The United States on Friday dramatically eased restrictions on imports of goods and services from private Cuban entrepreneurs as part of Washington's rapprochement with Havana after more than half a century of enmity.

  • WASHINGTON, Feb 5- The United States is pressing Cuba to allow the opening of its embassy in Havana by April, U.S. officials told Reuters, despite the Communist island's demand that it first be removed from the U.S. list of state sponsors of terrorism. A refusal by Cuba to allow the United States to quickly establish an official embassy for the first time in half a...

  • WASHINGTON, Feb 4- The U.S. State Department official leading negotiations with the Cuban government said on Wednesday the United States is not considering returning the U.S. Naval Base at Guantanamo Bay to Havana as it discusses improved ties. "The issue of Guantanamo is not on the table in these conversations," Roberta Jacobson, the assistant secretary of State...

  • STATE DEPARTMENT OFFICIAL SAYS RETURN OF GUANTANAMO NAVAL BASE' NOT ON THE TABLE' IN TALKS WITH CUBA.