The mainframe makes a comeback

IBM is the only big company that still manufactures mainframes. Analysts estimate that around 40% of IBM’s profits are related to mainframes. And as cloud computing becomes more popular, the mainframe may well find new homes.

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Crude oil may touch $100 a barrel by the end of 2010

A leading economist has predicted that rising demand from growing economies in Asia and the Middle East may lead to a huge spike in oil prices.

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UK hedge fund traders shift to Geneva

A number of UK funds are relocating to Switzerland due to higher taxes in Britain and the threat of a new EU regulatory regime.

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