Bloomberg Verizon Communications Inc. is introducing a lower-priced, lower-quality unlimited mobile data plan to compete more aggressively with smaller rivals like T-Mobile US Inc., while raising the cost for those who want the clearest videos. Starting Wednesday, Verizon is eliminating its popular $80-a-month unlimited plan and replacing it with an $85 premium plan with high-definition video and a $75 unlimited ...

Bloomberg Brazil’s antitrust watchdog weighed in on AT&T Inc.’s $85.4 billion deal for Time Warner Inc., saying it sees a high anti-competitive risk. The nation’s telecommunications regulator had asked the antitrust agency known as Cade in June to review the deal, saying remedies should be adopted because it may negatively affect Brazil’s pay-TV market. The merger combines one of the ...

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 ...