London / AFP British Prime Minister David Cameron on Saturday embarked on a daunting challenge to persuade ministers in his own cabinet and the country at large to vote for Britain to stay in the European Union. Cameron will hold a cabinet meeting — the first on a Saturday since the Falklands War in 1982 — and will announce the ...

London / Bloomberg Six U.K. ministers signaled their intention to campaign for Britain to leave the European Union in June 23’s referendum by heading straight from a cabinet meeting to the headquarters of the Vote Leave campaign group. Justice Secretary Michael Gove, Work & Pensions Secretary Iain Duncan Smith and Chris Grayling, the leader of the House of Commons, were ...

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 ...