IBM and the Indian School of Business today announced the signing of the first Open Collaborative Research agreement in Asia aimed at improving the competitiveness of the services sector in the region.

The outlook for the economy darkened further on Friday as a survey showed its services sector contracted at the fastest rate for at least 12 years and bellwether retailer John Lewis reported a plunge in sales.

It's back. That old nemesis and destroyer of wealth -- inflation -- has returned. Prices on many goods and services have shot up, led by the assault at the gas pump. This dreaded inflation is causing business and political leaders to have many sleepless

Complete coverage of business and the economy in Minneapolis, St. Paul, the Twin Cities metro area and Minnesota, including retail, health care, manufacturing, financial services, energy, information technology and small business, with blogs and columns b

The biggest business in Italy today is organized crime with an annual turnover of some 130 billion euros (about 165.71 billion U.S. dollars) and a net profit of close to 70 billion euros, after investments and expenses, according to the Italian national r