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World 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

German regulator orders Facebook to delete WhatsApp user data

FRANKFURT A German privacy regulator ordered Facebook on Tuesday to stop collecting and storing data of German users of its messaging app WhatsApp and to delete all data that has already been forwarded to it.

Tech, Facebook 7:08am EDT

Caesars inches closer to deal with bankrupt unit's creditors

Caesars Entertainment Corp said on Tuesday its major creditors supported the proposed terms of a plan to push its main operating unit out of bankruptcy, making it "optimistic" of winning approval from other creditors.

7:37am EDT

VW says finances robust after media report knocks shares

FRANKFURT Volkswagen said on Tuesday its finances remained robust as it sought to allay concerns after a share fall which some traders linked to a media report which said the U.S. Justice Department was assessing whether fines could put the automaker out of business.

7:54am EDT

Microsoft and BAML team up on blockchain-based trade finance project

LONDON Microsoft and Bank of America Merrill Lynch have joined forces on a project to use blockchain technology to make trade finance transactions faster, cheaper, safer and more transparent, the companies said on Tuesday.

Tech, Campaign Finance 6:54am EDT

Swiss watchmakers pessimistic about industry outlook: Deloitte

ZURICH Swiss watchmakers are pessimistic about the outlook for the industry, with the number of downbeat executives doubling since 2015 to 82 percent this year, a study by Deloitte showed on Tuesday.

8:04am EDT


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