In the rapidly expanding domain of global cyber security breaches, 2017 set a new bar for computer network attacks.

When IBM shareholders gather today, they’ll be asked to sign off on a $33 million (€30.4m) pay package for chief executive officer Ginni Rometty.

People’s Bank of China governor Zhou Xiaochuan sounded a warning over rising debt levels, saying corporate lending as a ratio to gross domestic product had become too high and the country must develop more robust capital markets.

IBM’s fourth-quarter earnings handily beat Wall Street’s expectations last night, helped by higher revenue from the technology icon’s lucrative software and services segments.

IBM and PricewaterhouseCoopers have announced that the deal which would see PwC's Consulting division merged with IBM Global Services Unit has now been completed.