Swiss watches
Historic Patek Philippe Reference 1518 Breaks Records at $17.6 Million Auction Sale
Nov 10, 2025 10:57 am CST
A rare stainless steel Patek Philippe Perpetual Calendar Chronograph Reference 1518 from 1943 has reclaimed its title as the world's most expensive wristwatch at auction, selling for $17.6 million at Phillips in Geneva. One of only four stainless steel examples ever made, this horological masterpiece represents the pinnacle of watch collecting and historical significance in the luxury timepiece market.
India-EFTA Trade Agreement: $100 Billion Investment Commitment and Reduced Duties on European Products Starting October 1
Sep 30, 2025 03:54 pm CST
India's Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association will take effect October 1, bringing a $100 billion investment commitment over 15 years while reducing duties on European products. This landmark agreement with Iceland, Liechtenstein, Norway, and Switzerland promises to create one million direct jobs in India while giving consumers access to high-quality European goods at lower prices.