Bloomberg Swiss watch exports climbed for a fourth month as growth in higher-end mechanical timepieces made up for a decline in cheaper quartz models. Shipments rose 3.6 percent to $1.8 billion in July, the Federation of the Swiss Watch Industry said on Tuesday. Exports of watches wholesaling for more than 3,000 francs rose 5.9 percent, offsetting an 18 percent slump …

Bloomberg Ford Motor Co. became the latest automaker to offer cash to UK drivers if they scrap the most polluting vehicles on the roads, targeting about 15 million cars and vans across the country. From September 1 to December 31, Ford will offer to pay drivers as much as $5,200 for cars and 7,000 pounds for vans if they replace …

Bloomberg Facebook Inc. is lucky it owns Instagram. This year, the world’s largest social network will see a decline among teen users in the US, according to a forecast by EMarketer. It’s the first time the research company has predicted a fall in Facebook usage for any age group. EMarketer predicts 14.5 million people from the ages of 12 to …