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.
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
13:38 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)