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Swatch sweeps up share as quartz market reels

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Bloomberg Swatch Group AG reported an increase in profit for the first time in four years as Switzerland’s largest watchmaker boosted its share in the intensely competitive low-end timepiece market thanks to growth at Tissot and its namesake plastic brand. Swatch said it has had a “massive gain” in market share in the basic and midrange segments. The company sells ...

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Amazon’s next move could disrupt healthcare industry

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Bloomberg Amazon.com Inc.’s foray into health care won’t be the first time it has disrupted an entire industry by starting with an effort inside the company. Amazon Chief Executive Officer Jeff Bezos is teaming up with fellow billionaires Warren Buffett and Jamie Dimon to revamp health care for the 2.4 million workers and dependents of the companies they run. The ...

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Fear over oil correction impairs crude’s best rally in seven years

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Bloomberg Oil’s sinking back down to earth. Euphoria that’s driven the longest monthly rising streak in almost seven years is giving way to concern that US stockpiles will rebound as the rally encourages American drillers. That’s sparked a 3.1 percent drop in New York futures this week, marring crude’s best January since 2013. The sour sentiment is bleeding into equities, ...

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