US hotel chain Starwood was able to sign a historical deal. Starwood said it would renovate and run three hotels in the capital Havana. This makes it the first American company to sign a deal with Cuba since the revolution almost 60 years ago.
Many foreign firms have decided to strengthen business ties with Iran after the easing of sanctions on Tehran. But the US president's announcement to decertify the 2015 nuclear deal may get them into trouble.
Iran has signed a contract with French energy giant Total to develop its giant South Pars gas field. The 20-year deal is the largest since sanctions were lifted against Tehran last year.
US President Donald Trump has announced restrictions on American travel to Cuba and a clampdown on US business dealings. But he stopped short of cutting the diplomatic relations restored by President Obama in 2015.
Should Siemens deliver gas turbines to Crimea? Of course not. But what about Siemens' Russian partners? The latest controversy shows how business deals can quickly become geopolitical, says DW's Christian F. Trippe.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version