U.S. consumer prices fell over the past year for the first time since 2009 as gasoline prices continued to tumble, which could allow a cautious Federal Reserve more room to hold off on raising interest rates.
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IBM targets $40 billion in cloud, other growth areas by 2018
International Business Machines Corp (IBM.N), which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
Japanese stocks at 15-year peak, dollar firm after data boost
Japanese stocks crawled to a fresh 15-year peak on Friday after the dollar surged against the yen as upbeat U.S. data flipped expectations back in favor of an early interest rate hike by the Federal Reserve.
Euro zone lending shows sign of turnaround as morale improves
Bank lending in the euro zone fell slightly in January but at a slower pace than a month earlier, suggesting the economy may be turning a corner as consumer morale picks up in the bloc's largest economies.
Russia's Khodorkovsky: Putin is a 'naked king' facing economic ruin
Former Russian tycoon Mikhail Khodorkovsky said on Thursday Vladimir Putin was a "naked king" presiding over an economy that will weaken further, eventually provoking a battle between rival clans in Moscow.
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Japanese households cut spending further and retail sales fell for the first time in seven months in January, data on Friday is likely to show, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold.
The Federal Reserve should make a change to its policy statement next month that would allow it to monitor inflation readings through the spring and then hike interest rates some time in the summer, a top Fed official said on Thursday.
Oil rose towards $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in U.S. crude stockpiles which underlined currently ample supplies.
U.S. regulators are poised to impose the toughest rules yet on Internet service providers, aiming to ensure fair treatment of all web traffic through their networks.
Standard Chartered (STAN.L) said former JPMorgan (JPM.N) investment bank boss Bill Winters will take over as chief executive in June to replace Peter Sands, after investors demanded change at the helm following two years of problems.
Global equities set a new record high and bond yields sank to fresh lows on Thursday as investors positioned for an extended era of cheap money ahead of the European Central Bank's looming bond-buying scheme.
Toyota Motor Corp (7203.T) said on Wednesday it was "impossible" to meet union demands for a 13,300 yen ($112) monthly pay rise, as the automaker concluded the first day of labor talks widely considered crucial for Japan's economic recovery.
Malaysia's AirAsia X Bhd (AIRX.KL) will cut flights on unprofitable routes, reorganize staff and defer some aircraft deliveries to turn around the loss-making long-haul budget carrier, the airline's acting chief executive said on Wednesday.
The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements.
