International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.
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SpaceX raises $1 billion in funding from Google, Fidelity
Space Exploration Technologies (SpaceX), founded by Elon Musk, said it has raised about $1 billion in a financing round with two new investors, Google Inc and Fidelity.
Wal-Mart launches in-store tax refunds
Wal-Mart Stores Inc (WMT.N) has launched a service allowing customers to pick up tax refunds in cash at stores across the United States.
United Airlines mulls a change to existing Boeing orders
United Continental Holdings Inc (UAL.N) said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co (BA.N) for larger 777-300ER jetliners, also made by the Chicago-based planemaker.
Asian shares buoyed by ECB easing hopes, euro soft
Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen was subdued ahead of the Bank of Japan's policy announcement later in the Asian day.
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Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company.
Myanmar, Haiti and Mali were ranked the least open and transparent countries in a global index of government data released on Tuesday, which found that most governments do not make official data openly available to the public.
Cheung Kong Infrastructure Holdings Ltd (CKI), backed by Asia's richest man Li Ka-shing, plans to raise up to $521 million in a Hong Kong share offering to fund its investment in Britain's Eversholt Rail, IFR reported late on Tuesday, citing a term sheet of the transaction.
Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its economy had not slowed as much as many in markets had feared.
Morgan Stanley's adjusted quarterly earnings fell short of market estimates as unexpected market swings in December hit its division that trades bonds, currencies and commodities and the Wall Street bank deferred fewer bonus payments.
Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market.
Japanese trading house Itochu Corp and Thailand's Charoen Pokphand Group (CP) said on Tuesday that they plan to jointly invest $10 billion in Citic Ltd, part of China's oldest and biggest conglomerate.
Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel.
Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.
