25 September 2015
Brought to you by Investec Switzerland.
Swiss watch exports fall as Apple watch dents low-end demand
Swiss watch exports fell in August, heading for the first annual decline in six years amid signs that competition from Apple Inc.’s smartwatch may be denting demand for low-end timepieces. By Thomas Mulier (Bloomberg). Read more.
Switzerland drops in global expat ranking
A year after being chosen as top location for working and living, Switzerland fell to tenth place in the annual expatriate survey published by the British-based global bank HSBC. Switzerland scores well in areas such as pay and quality of life but ranks poorly on making friends, social life and integration. Read more.
Clinton calls drug price hike ‘outrageous,’ vows plan
Democratic presidential contender Hillary Clinton on Monday blasted a 5,500 percent overnight hike in the price of a drug used to treat malaria and dangerous parasitic disease, calling it “price gouging” and promising to announce a plan Tuesday to tackle that and other high prescription drug costs. Biotech stocks dropped. (CNBC). Read more.