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Stocks, Mexico peso bounce as markets score one for Clinton

LONDON World shares swung higher and the Mexican peso surged more than two percent on Tuesday, as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump.

Recent Business News

VW shares drop on Bloomberg report of potential U.S. fine

FRANKFURT Volkswagen shares fell 4.6 percent to a two-month low on a Bloomberg report that the U.S. Justice Department was assessing how big a criminal fine it could extract from VW without putting it out of business, traders said on Tuesday.

6:05am EDT

Samsung recovers over 60 percent of recalled Note 7s in South Korea, U.S.

SEOUL Samsung Electronics Co said on Tuesday it has got back more than 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea and the United States, suggesting it is making progress in its attempts to recover from the crisis.

Tech, South Korea 2:49am EDT

Diesel scrutiny shifts to London's building sites

LONDON Volkswagen's admission it cheated pollution law has exposed a wider problem of diesel emissions from thousands of generators belching fumes across building sites and countryside.

SolarCity sued by Cogenra Solar and Khosla Ventures

Elon Musk's SolarCity has been accused of intellectual property theft by Cogenra Solar Inc, a wholly owned subsidiary of SunPower Corporation , and Khosla Ventures.

Sep 26 2016

Siemens trims job cut plans for unit in Germany

MUNICH, Germany Siemens has agreed with labor representatives to cut 1,700 jobs in Germany, fewer than originally planned, as part of a restructuring of its Process Industries and Drives unit, which has been hit by weak demand from the oil and gas sector.

6:39am EDT


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