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Swiss watchmaker biggies urge industry to slow down

  Bloomberg The people who make some of Switzerland’s most expensive watches have a word of advice for the rest of the industry: Slow down. That might help avoid a repeat of the last two years, when watchmakers had to cut jobs and repurchase inventory after their rush into the Chinese market hit a wall. As more than two dozen ...

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UK considers $1,200 charge to hire EU workers after Brexit

  LONDON / AP Britain is considering charging employers 1,000 pounds ($1,200) a year for every skilled worker they recruit from the European Union after the UK leaves the bloc, the country’s immigration minister said. Robert Goodwill told a House of Lords committee the charge is “something that’s been suggested to us that could apply” to EU workers. Britain has ...

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Brexit to bring profit for Britons selling property in Portugal

  Bloomberg Just weeks after the UK voted to leave the European Union, Peter Thompson, a British healthcare consultant, sold one of his two homes in the fishing town of Tavira in Portugal’s Algarve region, capitalizing on the plunge in the pound against the euro. Thompson and his wife, who spend half the year in the British northwest county of ...

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