Victory for Cuba? First verdict in legal dispute over old debts in London
In the lawsuit over parts of Cuba’s old debts, a first verdict was handed down on Tuesday at…
Canadian company signs big hotel deal
CUBA STANDARD — Betting on pent-up demand, a Canadian company signed a 10-year deal that makes it Cuba’s…
Private business expands to European market
CUBA STANDARD — Havana-based fashion label Clandestina opened an e-commerce website catering to European customers, with fulfillment and…
Amid rising cash flow, Sherritt plans 20% boost of nickel output
CUBA STANDARD — In what company CEO Leon Binedell hailed as “the best financial metrics since 2014,” Sherritt…
Sherritt reports first profitable quarter since 2014
CUBA STANDARD — Reporting net income of CDN$14.8 million for the fourth quarter of 2021, Sherritt International Corp.…
Italian company wants to sponsor Cuban baseball series
CUBA STANDARD — In an unprecedented move, an Italian company is offering to become a sponsor of Cuba’s…
Canadian company builds solar park in Cienfuegos
CUBA STANDARD — A small Canadian company is among the first foreign investors to build and operate solar…
Vietnamese company to build solar park at Mariel
CUBA STANDARD — Vietnam’s Thai Binh Investment and Trading Corp. announced in a promotional video that its Green…
Finance joint venture authorized to offer credit to private businesses
CUBA STANDARD — The Central Bank authorized a financial joint venture involving Spain’s Banco Sabadell to grant hard-currency…
Sherritt plans nickel expansion in Cuba
CUBA STANDARD — Hoping to emerge from an eight-year slump, thanks to rising demand for high-purity nickel and…
Vietnamese company says it wants to develop two Havana hotels
CUBA STANDARD — Vietnamese real estate developer CityLand signed letters of intent with two Cuban state companies to…
Gaviota goes ahead with Havana port hotel project
CUBA STANDARD — Amid a shutdown of tourism during the pandemic, state company Grupo Gaviota started construction of…
After pandemic delay, Iberostar opens resort on Cayo Cruz
CUBA STANDARD — One-and-half years after its originally planned opening, Grupo Iberostar will launch a new beachfront resort…
New joint venture aims to raise funds for clinical testing
CUBA STANDARD — Cuban state biotech company CIMAB S.A. created a joint venture with a Cuban-controlled Mexican company…
Miami judge dismisses Helms-Burton suit against Chinese wind turbine maker
CUBA STANDARD — A Miami judge dismissed a Helms-Burton lawsuit that has the potential of dragging China deeper…