British Sky Broadcasting Group PLC
LON:BSY ISIN:GB0001411924
British Sky Broadcasting Group plc (LON:BSY) and its subsidiaries operate a pay television service in the United Kingdom and Ireland, as well as broadband and telephony services. The Company commissions and acquires programming to broadcast on its own channels, and supplies certain of those channels to cable operators for retransmission to their subscribers in the United Kingdom and Ireland. The Company retails channels (both its own and third parties) to direct-to-home (DTH) customers and certain of its own channels to a limited number of digital subscriber line (DSL) subscribers. It also makes three of its channels available free-to-air through the United Kingdom digital terrestrial television (DTT) platform, as part of the branded Freeview offering.
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Banking shares continued to push the US market higher overnight, despite resources and industrial sectors were hurt by worries that China may tighten its policy to cool the overheating economy after the country's latest inflation data. Consumer price index for February in China rose a faster-than-expected 2.7% in February from a year earlier. Thursday Asian markets closed mixed. Several major markets dropped after Chinese economic data. Japan's Nikkei index was up 1 per cent and Hong Kong's Hang Seng Index inched up 0.1%. Taiwan's Taiex lost 0.4 per cent and South Korea's Kospi shed 0.3 per cent. China's Shanghai Composited gave up most of its early gains and closed with a 0.1 per cent gain.
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