Geneva / AFP Richemont, the world’s second-biggest luxury goods group, is planning to cut up to 350 jobs in Switzerland this year amid a “difficult” watch market, a Swiss newspaper reported Saturday. Richemont, second only to France’s LVMH in the luxury world, is “studying an adjustment of the production capacities of some watch manufacturers,” Le Temps daily reported, quoting an ...

Berlin / BLOOMBERG Germany will step up surprise tests for airline pilots to detect medications and drugs nearly a year after a Germanwings co-pilot suffering from depression deliberately crashed his plane, the SuddeutscheZeitung newspaper reported on Saturday. The Munich paper, citing a document which outlined a series of measures approved in Berlin Friday, reported that the new programme will come ...

Bloomberg With German government bonds on their longest winning streak in more than a year, investors are set to scour inflation data next week for clues as to whether the European Central Bank will provide more stimulus next month. A measure of euro-region inflation expectations stayed near a record low this week even as the central bank pledged it is ...