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Microsoft unveils new Lumia smartphones and Band fitness tracker

Windows 10, launched in July, is part of Microsoft’s push to win a bigger share of the market for tablets and smartphones, now dominated by Apple Inc and South Korea’s Samsung Electronics Co Ltd. Microsoft unveiled two phones, the Lumia 950 and 950XL, with prices starting at $549 and $649 respectively staring in November. The Lumia 950 includes a 5.2-inch display and a hexacore processor, while the larger Lumia 950

Shell CEO sees first signs of oil price recovery

Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. “I see the first mixed signs for recovery of oil prices,” Ben van Beurden told an oil industry conference in London. “But with U.S. shale oil being more resilient than we originally thought and a lot of oil still in

OPEC Worried About Its Public Image, Internal Report Says

LONDON—The Organization of the Petroleum Exporting Countries is worried about its public image. Over the past year, OPEC officials have fretted over legal attacks on the group, wondered whether they should engage in social media and pushed for better relations with Asian consumers, according to internal reports viewed by The Wall Street Journal. OPEC doesn’t have a Twitter or Facebook account that it regularly uses to distribute information.

Stocks jump as expectations ease of U.S. rate hike; oil gains

World stocks jumped on Monday on expectations that U.S. interest rates aren’t likely to rise soon, while oil prices surged after Russia said it was ready to meet with other producers to discuss the market. Oil prices jumped along with copper and gold, lifting U.S. materials and energy shares. It was last up 0.1 percent at 95.89, with gains limited as traders bet the Federal Reserve may delay raising interest

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