World's Most Wanted: Making a $500K Patek Phillipe

July 10 (Bloomberg) -- They're some of the most coveted and luxurious watches in the world and they're entirely hand made, each taking a year to assemble and carrying a price tag of a half-million dollars. Only 50,000 are sold each year, which pales in comparison to rival Rolex who produces 14 times that amount using automated manufacturing. Bloomberg News visits the company's headquarters and factory in Geneva, Switzerland to see how they've combined tradition and innovation to make timepieces that last for generations. (Source: Bloomberg)

Britain Needs Keynesian Stimulus, Says Dryden
09:05 - As Bank of England officials gather this week to decipher the latest post-Brexit reports, they’ll probably assess a nasty outlook of slowing growth and faster inflation. Varying levels of tolerance for accelerating price growth are likely to be a major theme of the debate and are already dividing the nine-member Monetary Policy Committee on the need for stimulus. JPMorgan Asset Management Global Market Strategist Alexander discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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