Bloomberg Swatch Group fell to the lowest in a decade as Switzerland’s largest watchmaker faces a triple whammy from Hong Kong protests, competition with smartwatches and viral outbreak in China. Operating profit fell for the first time in three years, dropping 11% to $1.1 billion. Analysts expected 1.09 billion francs. The shares fell as much as 4.1% on January 30. ...

Bloomberg Boeing Co. closed the financial books on a tragic and tumultuous 2019 by revealing that total costs for its grounded 737 Max will surpass $18 billion when the tab for restarting production later this year is included. The planemaker is taking a $2.6 billion pretax writedown to compensate airlines for ballooning losses from a global flying ban that’s expected ...

Bloomberg UK house prices jumped the most in more than a year in January, according to Nationwide Building Society. Values rose 1.9% from a year earlier, the most since November 2018, the mortgage lender said on Wednesday. From December, prices increased 0.5%. The UK housing market is showing signs of life after Boris Johnson’s decisive election victory brought about a ...