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Swiss watch exports see biggest monthly gain since four years

Bloomberg Swiss watch exports rose at the fastest monthly pace in more than four years in October, helped by an easy comparison with last year and fuelled by Asian demand for higher-priced timepieces. Shipments increased 9.3 percent to 1.85 billion francs ($1.9 billion) in October, the sixth consecutive monthly increase, the Federation of the Swiss Watch Industry said on Tuesday. ...

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EgyptAir to swing to a profit this year: Chief

Reuters EgyptAir will swing to a profit this year, buoyed by an increase in passengers and cost cutting, the chairman of the state-owned airline’s holding company said. EgyptAir has struggled to rebound from the 2008 global financial crisis and two revolutions that have hobbled Egypt’s economy since. “This year the company will transfer from a loss,” EgyptAir Holding Chairman Safwat ...

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Aping Amazon, retailers play loyalty card in holiday season

Bloomberg After years of watching shoppers flit from store to store in search of the biggest deals, US retailers are hoping their attempts at building some loyalty will finally pay off this holiday season. Chains have aggressively rolled out rewards programmes in recent years, and there are signs that the efforts are beginning to get results. Hollister’s stunning 8 percent ...

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