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Business Cuba

  • DETROIT— A dangerous Takata air bag should have been recalled before going from a wrecked car to a salvage yard, eventually ending up in a 2002 Honda Accord and nearly killing a Las Vegas woman, a lawsuit alleges. It's unclear just how many faulty Takata inflators are being used in refurbished vehicles, but Honda, once Takata's biggest customer, says it has bought...

  • PINAR DEL RIO, Cuba— Calle Marti is a modest half-mile boulevard split by a simple winding flagstone path that's bracketed by green grass, pine trees and curving blue cement benches. But the project is part of a fragile experiment whose success or failure might help determine if Cuba is able to pull itself out of years of economic stagnation and brain drain.

  • Debt from North Korea- probably the most isolated of the frontier markets- has already been frozen for years as the secretive nation faces the most stringent sanctions regime in the world. North Korea has syndicated loans with a face value of around $1 billion, tied to loans in default since the 1980 s. Prices spurted higher after the death of President Kim Jong- il...

  • Debt from North Korea- probably the most isolated of the frontier markets- has already been frozen for years as the secretive nation faces the most stringent sanctions regime in the world. North Korea has syndicated loans with a face value of around $1 billion, tied to loans in default since the 1980 s. Prices spurted higher after the death of President Kim Jong- il...

  • American diplomats in Cuba struck by covert sonic device, US officials say

    U.S. officials said a strong of bizarre incidents left a group of American diplomats in Havana with severe hearing loss attributed to a covert sonic device.

  • A participant protects herself from the sun at the newly opened US embassy in Cuba, prior to the flag-raising ceremony led by U.S. Secretary of State John Kerry, on August 14, 2015, in Havana, Cuba.

    U.S. officials said a string of bizarre incidents left its diplomats in Havana with severe hearing loss.

  • People watch news report showing North Korea's Hwasong-14 missile launch on electronic screen at Pyongyang station, North Korea in this photo taken by Kyodo on July 29, 2017.

    Countries who previously did business with North Korea may be less inclined to make repeat purchases amid greater pressure to comply with U.N. sanctions.

  • President Donald Trump signed into law new sanctions against Russia on Wednesday but he slammed the legislation as infringing on his powers to shape foreign policy, saying he could make "far better deals" with governments than Congress. His criticism of the sanctions, which also affect Iran and North Korea, raised the question of how much Trump is prepared to...

  • Visits to Cuba this month by the presidents of Colombia and Bolivia have fueled speculation that Havana is being courted to help mediate in Venezuela. "Cuba roundly rejects such insinuation and claims absolute respect for the sovereignty and the self-determination of the Bolivarian Republic of Venezuela," Jose Ramon Machado Ventura, second secretary of the...

  • Visits to Cuba this month by the presidents of Colombia and Bolivia have fueled speculation that Havana is being courted to help mediate in Venezuela. "Cuba roundly rejects such insinuation and claims absolute respect for the sovereignty and the self-determination of the Bolivarian Republic of Venezuela," Jose Ramon Machado Ventura, second secretary of the...

  • HOUSTON/ HAVANA, July 13- Venezuela's crude and fuel deliveries to Cuba have slid almost 13 percent in the first half this year, according to documents from state-run oil company PDVSA viewed by Reuters, threatening to worsen gasoline and power shortages in the communist-run island. Venezuela's shipments of crude for Cuba's refineries dropped 21 percent to...

  • A love couple is seen on the seven kilometre sea wall 'Malecon' in Havana Bay

    Cuban authorities have made a move to reignite citizens’ sex lives by reintroducing a series of state-run pay-per-hour motels which they hope will “diversify the options for love”, the country’s official trade union weekly Trabajadores announced on Monday.

  • June 28- Southwest Airlines Co said it would reduce the number of flights to Cuba, joining other U.S. airlines, as President Donald Trump's Cuba policy continues to restrict Americans traveling to the country. The airline will stop flying to Varadero and Santa Clara in Cuba on Sept. 4 and has applied with the U.S. Department of Transportation for another daily...

  • In any industry certainty is better than none: Royal Caribbean CEO

    CNBC's Susan Li talks with Richard Fain, Royal Caribbean CEO, about the travel ban, the cruise industry, the price of oil and ship innovation.

  • Cuba is still a very small part of our business: Carnival CEO

    Carnival CEO Arnold Donald talks about the company's second quarter earnings and sales beating expectations amid recent international terrorist attacks and Cuba sanctions with CNBC's Susan Li.

  • HAVANA, June 22- Minnesota's government and businesses will continue to engage with Cuba in the areas they can, like agricultural trade, despite U.S. The first U.S. state representative to make an official visit to Communist-run Cuba since Trump's announcement on Friday, Smith said authorities there were worried about the setback to bilateral relations.

  • President Donald Trump's speech on Cuba was a "grotesque spectacle," but the island's government will continue working towards better relations with the majority of Americans who back detente, Cuban Foreign Minister Bruno Rodriguez said on Monday. Trump announced a partial rollback of the normalization of relations with Cuba on Friday in Miami, the...

  • President Donald Trump's speech on Cuba was a "grotesque spectacle," but the island's government will continue working towards better relations with the majority of Americans who back detente, Cuban Foreign Minister Bruno Rodriguez said on Monday. Trump announced a partial rollback of the normalization of relations with Cuba on Friday in Miami, the...

  • President Donald Trump's speech on Cuba was a "grotesque spectacle" straight out of the Cold War and will strengthen patriotism on the island, Cuban Foreign Minister Bruno Rodriguez said at a news conference on Monday. Speaking in Vienna during a tour of European countries, Rodriguez also said Cuba would not accede to Trump's demand to return fugitives sought...

  • US and UK trade is of  'enormous' mutual importance: Liam Fox

    I think there is a common understanding that if we want to get investments we have to create the conditions for investments, says Liam Fox, U.K. International Trade secretary, at the 2017 Select USA Investment Summit.