Switzerland voted in favor of new immigration curbs, risking a backlash from the European Union and thwarting the ability of companies to hire top talent abroad.
The Swiss vote today on whether to restrict immigration, a step the government warns could undermine the economy.
More than one in five workers in Switzerland are foreigners. That could soon change.
Swiss watchmakers are devoting 2014 to convincing women like Mo Oshodi to covet timepieces the way she does her shoe collection.
To catch a glimpse of the former life of Riza Sarraf, flip through the celebrity columns of Turkey’s newspapers.
In Geneva, timepieces take precedence over peace talks.
Patek Philippe SA Chairman Thierry Stern said the Swiss watchmaker has bought gold futures as a defense against high gold prices that are threatening the luxury goods industry.
A 1957 Patek Philippe pink-gold watch that adjusts for leap years and is one of six of its kind known to exist sold for $2.2 million at a Christie’s International auction in Geneva.
Thirteen Patek Philippe timepieces, which had belonged to collector Henry Graves Jr., are coming to the auction block at Sotheby’s in June.
A series of art auctions in Hong Kong by Christie’s International Plc raised HK$3.82 billion ($493 million), almost twice as much as estimated, as affluent collectors from China and elsewhere in Asia paid record prices for several items.