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Life & Arts
Havana diary: Leslie Hook on what’s next for US-Cuban relations
...This distinction between the tourist economy and the rest of the country is very pronounced, in part because there are two currencies — the Cuban convertible peso, or CUC, for foreigners, and the peso for...
March 10, 2017
Special ReportInvesting in Romania
Mountains and politics thwart Romania’s infrastructure plans
...In July, transport minister Razvan Cuc promised that the government would invite bids for the construction of 800km of motorway by the end of the year....
September 19, 2017
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
LexEuropean companies
UBS: cloudier cuckoo land
...Cuc-koo. Email the Lex team at lex@ft.com...
May 3, 2016
FT Magazine
Oenology: the heat is on for wine producers
...Of course, local factors may override this....
April 1, 2016
FT Magazine
Havana bars: fit for a president(e)
...The grand old façades bear witness to this past opulence but the bar concepts and drink lists offered inside are impressively up-to-date....
March 11, 2016
Currencies
Cuba likely to end dual currency system
...Bigger CUP notes, ranging from 200 to 1,000 pesos, went into circulation this year, and anyone can go to state-run CUC stores and buy a fridge for 1,000 CUCS or the equivalent 25,000 CUPs....
June 15, 2015
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Retail & Consumer industry
Hotels compete for staying power through round of M&A
...M&A cycle This has been the biggest year for hotel deals since Blackstone bought Hilton Worldwide for $26bn in 2007....
November 17, 2015
The ExchangeWorld
Why is Raúl Castro keen to end Cuba’s isolation now?
...Knowing this, the Castro regime maintains virtual monopoly control of wealth on the island....
April 23, 2015
beyondbricsMarkets
Castro’s peso dilemma: a Cuban Big Bang, or gradualism?
...He has quietly devalued the 1:1 exchange rate that businesses use to an average 10 CUP per CUC. This should encourage exports, discourage imports and reveal inefficiencies....
January 15, 2014
Life & Arts
Cuba, home of the world’s oddest property market
...“This is where the £1.5m villas will be....
June 21, 2013
US downturn
Senators criticise online fees ‘rip-off’
...“This committee needs to start thinking about the legislative steps we can take to end these practices.”...
November 18, 2009
US & Canadian companies
Cendant unwinds conglomerate structure
...HFS group with CUC International in 1997....
October 24, 2005

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