BIEL, Switzerland -(Dow Jones)- Swatch Group AG (UHRN.VX) is off to a
strong start in 2010 with sales in January and February beating the
levels reached in the watch maker's best year in 2008, a trend that
could allow the company to reach another record result this year, Chief
Executive Nick Hayek said Thursday.
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LONDON -(Dow Jones)- U.K. telecommunications firm BT Group PLC (BT.A.LN)
Thursday cut the prices on its bundle of telephony and broadband
services after communications regulator Ofcom removed restrictions in
September last year.
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LONDON -(Dow Jones)- Cable television and Internet provider Virgin Media
Inc. (VMED) said Thursday it will trial ultrafast 50 megabits per
second broadband over telegraph poles in attempt to reach more remote
users.
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LONDON -(Dow Jones)- Interest from corporate clients considering
relocating their office-based functions from major U.S. and European markets to Switzerland has increased, and might boost the Swiss property
market, real-estate consultant CB Richard Ellis Group Inc. (CBG) said
Monday.
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KANSAS CITY -(Dow Jones)- Smithfield Foods Inc. (SFD) expects the
Chinese and Russian markets to be reopened soon to U.S. pork shipments.
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HANOVER, Germany -(Dow Jones)- Hannover Re AG (HNR1.XE) expects a net
profit of at least EUR599 million for 2010 and also sees a floor at
EUR4.97 earnings per share, Chief Executive Ulrich Wallin said Thursday.
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LONDON -(Dow Jones)- Iberdrola SA's (IBE.MC) U.K. unit ScottishPower
said Thursday it will cut its retail gas tariffs by an average 8% from
March 31.
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