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Business Cuba

  • President Donald Trump is expected to announce plans on Friday to rollback former President Barack Obama's loosening of travel restrictions to Cuba.

    Airlines, hotel companies and cruise lines are bracing for President Donald Trump's announcement on his Cuba policy.

  • HAVANA, June 15- American tourists strolling the ample squares and narrow streets of colonial Havana may not know it, but from novelist Ernest Hemingway's famed Floridita bar to Sloppy Joe's eatery, they are probably patronizing businesses owned by Cuba's military. It is that lucrative line of business that President Donald Trump will target when he rolls out...

  • President Donald Trump is expected to announce plans on Friday to rollback former President Barack Obama's loosening of travel restrictions to Cuba.

    CNBC's Eamon Javers reports that according to Reuters, President Trump will be changing rules for American travelers to Cuba.

  • Hundreds of Cubans and visitors from other countries gather across the street from the newly reopened U.S. Embassy to observe the flag-raising ceremony August 14, 2015 in Havana, Cuba.

    U.S. President Donald Trump is under pressure to maintain the country's fragile détente with Cuba despite indications that he could strike an icy tone when he announces a policy update later this week.

  • HAVANA, June 14- Edi Coba says he is not sure his new rooftop bar in the heart of Old Havana that buzzes at night with hip, tattooed young Americans will survive if U.S. President Donald Trump tightens restrictions on travel to Communist-run Cuba. Trump is expected to announce a new Cuba policy on Friday likely to tighten some rules on travel and trade, rolling back...

  • Secretary of State Rex Tillerson said on Tuesday a policy of engagement with Cuba has financially benefited the island's government in violation of U.S. law, further fueling expectations that President Donald Trump this week will roll back parts of former President Barack Obamas opening to Havana. Speaking ahead of Trumps expected trip to Miami on Friday to...

  • Jeb Bush: I’ve learned not to predict with President Trump

    Former Florida Gov. Jeb Bush speaks with CNBC's Eamon Javers at the eMerge Americas conference on current state of US politics and Cuban-American relations.

  • WASHINGTON, June 11- A U.S. House of Representatives spending panel will vote on Monday on a $192.5 billion budget bill that includes $115 million to build permanent housing facilities for U.S. military personnel at the Guantanamo Bay detention center even as the inmate population has fallen sharply. The House Appropriations Committee said in a statement on...

  • WASHINGTON, June 9- President Donald Trump is expected to visit Miami as early as next Friday to announce a new Cuba policy that could tighten rules on trade and travel, rolling back parts of former President Barack Obamas opening to the island, according to a U.S. official and people familiar with the matter. Trumps aides are nearing completion of a review of...

  • WASHINGTON, June 9- President Donald Trump is expected to visit Miami as early as next Friday to announce a new Cuba policy that could tighten rules on trade and travel, rolling back parts of former President Barack Obamas opening to the island, according to a U.S. official and people familiar with the matter. Trumps aides were nearing completion of a...

  • WASHINGTON, June 9- A group of Republican lawmakers sent a letter to President Donald Trump on Friday urging him not to reverse former President Barack Obamas opening to Cuba even as White House aides moved closer to completing a plan that could tighten rules on trade and travel to the island. In the letter, seven of Trumps fellow Republicans expressed deep...

  • CANCUN, June 6- Less than a year after passenger flights restarted between the United States and Cuba, the future of Cuban travel is once again up in the air. The Trump administration is reviewing the Obama administration's moves to ease restrictions on travel and investment in Cuba. "Restricting the network of aviation and access to Cuba would be bad news for...

  • HAVANA/ WASHINGTON, June 1- U.S. cruise operators and airlines stand to lose around $712 million in annual revenues if the Trump administration fully reinstates restrictions on travel to Cuba, Washington lobby group Engage Cuba said in a report released on Thursday. U.S.-operated cruises and scheduled flights to the Caribbean island were relaunched last...

  • HAVANA/ WASHINGTON, June 1- U.S. cruise operators and airlines stand to lose around $712 million in annual revenues if the Trump administration fully reinstates restrictions on travel to Cuba, Washington lobby group Engage Cuba said in a report released on Thursday. U.S.-operated cruises and scheduled flights to the Caribbean island were relaunched last...

  • A large drawing of Cuba's late President Fidel Castro is displayed in the Playa neighborhood of Havana, Cuba, November 29, 2016.

    The Trump administration is nearing completion of a policy review to determine how far it goes in rolling back former President Barack Obama's engagement with Cuba.

  • WASHINGTON, May 29- The Trump administration is nearing completion of a policy review to determine how far it goes in rolling back former President Barack Obamas engagement with Cuba and could make an announcement next month, according to current and former U.S. officials and people familiar with the discussions. The White House said in February that Cuba...

  • The event is the latest indication, following the signing of agreements earlier this year by major cruise companies, that the U.S. hospitality industry is betting that hotel operator and now President Donald Trump will not shut the Cuba door on his industry peers. We are very interested in Cuba as a destination for our guests, David Tarr, senior vice president for...

  • HAVANA, May 10- Cuba represents a "huge" but challenging opportunity for U.S. cruise, airline and hotel companies as American visitors to the Caribbean island could increase as much as sevenfold by 2025, according to a report by the Boston Consulting Group. U.S. travel to Cuba has already surged, albeit from very low levels, in the last two years since the former Cold...

  • HAVANA, May 10- Cuba represents a "huge" but challenging opportunity for U.S. cruise, airline and hotel companies as American visitors to the Caribbean island could increase as much as sevenfold by 2025, according to a report by the Boston Consulting Group. U.S. travel to Cuba has already surged, albeit from very low levels, in the last two years since the former Cold...

  • HAVANA/ HOUSTON, May 9- Cuban exports of refined oil products fell about 97 percent between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela. Cash-strapped Cuba reported its exports of goods, such as oil products, nickel, sugar, tobacco products and pharmaceuticals, fell...