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TOURISM: Cubans with money revel in booming social circuit 

It’s Saturday night at El Cocinero, a chic rooftop bar that has arguably become Havana’s hippest watering hole in the year since it opened, and ... Full story

BRIEFS | FINANCE: Italian police arrest 4 in bribery investigation

Italian financial police say they have arrested a former executive of the state-controlled Finmeccanica defense contractor in a bribery investigation. Stefano Carlini, former head of ... Full story

US: New Jersey tourism revenue climbs to record USD40b in 2013

New Jersey’s tourism business rose 1.3 percent to a record USD40.4 billion in 2013 as visitors chose northern attractions over shore areas damaged by Hurricane ... Full story

Survey: China manufacturing falls to 8-month low 

China’s manufacturing fell to an eight-month low in March in another sign of slowing growth in the world’s No. 2 economy.Released yesterday, the preliminary version of ... Full story

JPMorgan’s China  investment banking CEO Fang Fang to leave firm

Fang Fang, JPMorgan Chase & Co.’s chief executive officer of investment banking for China, is leaving after more than 12 years at the firm.The 48-year-old banker ... Full story

CORPORATE BITS: CTM new partnership with UM

To enhance its young engineers’ professional knowledge about power system and prepare them for future challenges and opportunities, Companhia de Electricidade de Macau (CEM) has ... Full story

Report: NSA targeted Chinese tech giant Huawei

U.S. intelligence agencies hacked into the email servers of Chinese tech giant Huawei five years ago, around the time concerns were growing in Washington that ... Full story

Yum CEO’s pay falls amid KFC struggles in China 

CEO David Novak saw his pay package drop 22 percent to USD10 million last year as the parent company of KFC, Taco Bell and Pizza ... Full story

Sinopec 2013 profit gains 3.4% on refining, marketing units

Sinopec, Asia’s biggest refiner, reported a 3.4 percent increase in 2013 profit as earnings at its refining and marketing units gained.Net income at the company ... Full story

Temasek to pay USD5.7b for 25 pct of Watsons

Billionaire Li Ka-shing’s Hutchison Whampoa Ltd. agreed to sell a 25 percent stake in its retail arm Watson & Co to Temasek Holdings for HK$44 ... Full story

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