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.
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India's Jaitley goes for growth, delays cut in fiscal deficit
India's Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
White House sees China as trump card in trade debate
The Obama administration is confident lawmakers will warm up to a proposed Pacific free trade deal on the grounds it is a chance for the United States, rather than China, to dictate the rules of Asian trade, a top official said on Thursday.
German lawmakers approve Greek bailout extension
Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners.
Brent rises above $61, set for first monthly gain since July
Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July, helped by strong investor inflows, an improving demand outlook and supply outages.
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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.
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.
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.
Viacom Inc's Nickelodeon unveiled on Wednesday a paid streaming service for children called Noggin that will launch on March 5 for $5.99 a month.
Google Inc launched an initiative on Wednesday to make smartphones running its Android software more appealing to corporations, a move that could help extend the Internet company's reach into workplaces.
The International Monetary Fund on Wednesday said it was ready to assist Ukraine with its foreign currency issues, amid a steep fall in the country's hryvnia currency.
China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.
