Sectors
Retail War: Microsoft built its first flagship store near Apple's Cube in Fifth Avenue
Microsoft launches its first flagship store in New York City. The tech giant will also sell all of its latest devices in the store, including the Surface 4 and the Surface Book laptop-tablet.
Toyota recalls different Scion models
Before new Toyota vehicles can be sold and affected cars driven again by customers, it must be examined and fixed first for any defects. The Japanese automaker made this initiative move to avoid fines and charges as well as accidents.
Mercedes Car Sales Create New Record in China
The Mercedes-Benz cars manufacturer Daimler had released its third quarter report for record sales and revenues. The car cited strong progress in Western Europe which is its biggest market, but its feat was surpassed by the sales it made in China.
Oil prices under pressure amid weaker demand outlook
Crude oil prices continued to trade in low range amid sagging demand and its bleak outlook for remaining part of 2015. Speculators are withdrawing from their previous bets on rising prices. The front-month US crude futures were trading at $44.65 per barrel 12 percent lower than the peak level in October. ANZ Bank forecasts that oil price to remain under pressure for the rest of the year.