Got a tic for tickers? Switzerland has long been known as a world leader in the wrist watch market. But is the clock ticking for makers of traditional timepieces?
Global exports of Swiss watches have shrunk in recent years. But exhibitors and traders at the world's largest fair of the watch-making industry, the Baselworld, are confident the hard times will be over soon.
The iPhone maker has reported stronger-than-expected results, buoyed by strong sales of its smartphones, sending its shares to a record high. It hopes to keep this momentum with a new gadget to be unveiled this fall.
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