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Swatch not to enter second-hand luxury watch market, says CEO

  Bloomberg Swatch Group AG Chief Executive Officer Nick Hayek said he doesn’t see the need to regulate the $20 billion market for second-hand luxury watches, contradicting moves by Rolex SA and H Moser & Cie. “Why should we mix ourselves into the market of used watches,” Hayek said in a Bloomberg TV interview. “This is a market that is ...

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HK airport’s Robobus offers glimpse of driverless future

  Bloomberg Hong Kong International Airport (HKIA) says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome from next year after extensive trials years in the making. By bolting on cameras, sensors and tracking devices, the Asian financial hub’s main airport has adapted and kitted out an electric bus from Chinese carmaker BYD Co and ...

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Hackers rigged JFK Airport taxi line, say US prosecutors

  Bloomberg With a flat fee of $70 for trips into Manhattan and a guaranteed stream of passengers, a ride to and from New York’s John F Kennedy International Airport is one of the more lucrative journeys for the city’s cab drivers. But federal prosecutors say two 48-year-old Queens men found another way to profit from the crowd of taxis ...

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