Bloomberg Watches of Switzerland Group, the UK’s biggest seller of luxury timepieces, said it’s considering an initial public offering in London that could help fuel expansion into the US market. The move would allow private-equity company Apollo Global Management to reduce its stake in the retailer, which handles about half of Rolex’s UK sales. It also could give impetus to ...

Bloomberg Sinclair Broadcast Group Inc. will buy 21 Fox regional sports networks from Walt Disney Co. for $9.6 billion, a bet that the local-TV company can become a cable-sports powerhouse. Sinclair will acquire the business via a new subsidiary called Diamond Sports Group, the company said. Byron Allen, the former comedian who founded Entertainment Studios and owns the Weather Channel, ...

Bloomberg Homebuyers took advantage of Brexit uncertainty to get steep discounts in London’s fanciest neighborhoods in the first quarter. Prices for homes under 2 million pounds ($2.6 million) in the capital’s most sought-after districts fell the most in a decade in the three months through March as politicians failed to agree on a deal for the UK’s orderly withdrawal from ...