Swatch Group Buys Harry Winston Jewelry Brand

Swatch Group AG, the biggest maker of Swiss timepieces, agreed to buy the Harry Winston watch and jewelry brand for about $1 billion, adding a luxury label through its biggest acquisition ever.

Reasons to Be 'Nervous' About the U.K. Economy
01:59 - Deutsche Bank Chief U.K. Economist George Buckley discusses the U.K. economy, consumer spending and monetary policy. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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