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Cuba has established diplomatic ties with South Korea for the first time since 1959 The announcement was made in New York after the UN representatives from the two exchanged letters formalizing bilateral ties. Devina Gupta will look at the significance of this.

We often hear the phrase too big to fail for those companies that can't be allowed to collapse and it is true for Mexico's state oil and gas giant Pemex. With mounting debt and thousands of jobs at risk we find out what is keeping it going.

And as many turn to dating apps this valentine's day, we head to India for a tale of caution about the business of romance scams on these apps.

(Picture: People walk on the street in downtown Havana, Cuba. Credit: Reuters)