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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
April 23, 2024
Diamonds and gemstones
Diamond certification head hits out at G7 plans to target Russian producers
...The incoming chair of the international certification scheme for conflict diamonds has hit out at a plan by the G7 group of developed nations to track and trace Russian diamonds, warning of “irreparable...
November 14, 2023
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
LexDiamonds and gemstones
Diamond market shows serious cracks from man-made stones Premium content
...Diamonds may be forever but they are also seriously on sale. Natural rough diamond prices have collapsed 26 per cent in the past couple of years....
April 24, 2024
Anglo American PLC
De Beers’ diamond output drops after slow recovery triggers production cut
...Besides diamonds, the London-based company managed to maintain its guidance across its other commodities such as copper, iron ore and steelmaking coal....
April 23, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
HTSI
‘Buy yourself a damn diamond.’ The jewellery disruptors speak
...The company has backing from Leonardo DiCaprio, who invested after working on Blood Diamond, the 2006 film that brought to light the exploitative conditions of the mining industry....
March 28, 2024
FT Live
Mining Summit
Enabling a low-carbon future
Thursday, 26 SeptemberLondon, United Kingdom & Online
Luxury goods
Diamonds lose sparkle in China amid property woes and marriage drought
...Falling diamond demand has bucked the rebound in China’s luxury market, which grew 12 per cent in 2023, driven by fashion, jewellery and handbag purchases, according to research by consultancy Bain & Company...
March 15, 2024
Due Diligence
Bob Diamond’s mid-market adventure Premium content
...In today’s newsletter: London brokers cling together BYD seeks LatAm lithium JetBlue’s deal turbulence Bob Diamond bets UK market has hidden gems Former Barclays boss Bob Diamond has come a long way...
January 17, 2024
Amazon.com
Amazon expands US sports footprint with Diamond streaming deal
...Prime Video “will become Diamond’s primary partner through which customers will be able to purchase direct-to-consumer access to stream local Diamond channels”, Diamond said in a statement....
January 17, 2024
News in-depthMergers & Acquisitions
Bob Diamond and Rich Ricci are banking on a City revival
...Diamond and Ricci are hoping to defy a slump in company listings and a dearth of dealmaking, which has hit a sector that is reliant on advising companies on deals and providing research to make money....
January 17, 2024
Anglo American PLC
Anglo American writes down $2.4bn on diamond and nickel businesses
...The company also cut the dividend to $0.96 per share for a total of $1.2bn for 2023 — a 52 per cent fall on the year....
February 22, 2024
News in-depthMedia
The Amazon play that could change the game for streaming sports
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
March 23, 2024
News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran
EU puts Russian state diamond miner on sanctions list in bid to cut Moscow revenues
...The EU has added Russia’s state-owned Alrosa, the world’s largest diamond miner, to its sanctions list along with the company’s chief executive Pavel Marinychev....
January 3, 2024
HTSI
In search of Graff’s Green Lady
...When I started my own company (in 1960), without thinking about it, I chose a green background for the promotions of my jewellery. I’m sure it was planted deep in my subconscious from that time.”...
April 1, 2024
InterviewThe CEO
De Beers chief Al Cook seeks to restore allure of diamonds
...Cook believes the company can sell its message better and has brought back the iconic “A Diamond is Forever” advertising campaign for the holiday season....
December 19, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Lex PopuliInvestments
If you like a company, should you buy its shares?
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
April 19, 2024
Bob Diamond
Bob Diamond’s Atlas Mara sued over Zambian bank deal
...Diamond, one of the best known figures on Wall Street and the City of London, launched Atlas Mara in 2013 after his departure from Barclays....
November 22, 2023
War in Ukraine
EU adds Russia’s largest diamond maker to sanctions list over Ukraine war
...The company has already been subject to similar sanctions in the US since April 2022. The US also implemented a unilateral ban on Russian diamonds in March 2022....
January 3, 2024
Diamonds and gemstones
G7 to ban Russian diamond imports from January
...The company made $1.9bn of revenue in the first half of 2022....
December 6, 2023
Special ReportWatches and Jewellery: April
Gem-A polishes its credentials as a global seat of learning
...Graduates who complete the diamond diploma can also apply for DGA membership....
April 9, 2024
Scoreboard
Can a watchdog fix English football? Premium content
...company was announced in January....
March 23, 2024
News updates from October 12: US inflation hotter than expected in September, FCA bans Staley
US lab-grown diamond producer files for bankruptcy
...WD Lab Grown Diamonds, the second-largest US producer of man-made diamonds, has filed for bankruptcy, becoming the sector’s first big casualty of a burgeoning glut of fabricated gemstones....
October 12, 2023
Diamonds and gemstones
US lab-grown diamond producer files for bankruptcy
...The collapse of a large lab-grown diamond manufacturer will come as a relief to the mining companies....
October 12, 2023
News updates from October 13: Microsoft closes $75bn Activision deal, JPMorgan profits jump 35%
US lab-grown diamond producer files for bankruptcy
...WD Lab Grown Diamonds, the second-largest US producer of man-made diamonds, has filed for bankruptcy, becoming the sector’s first big casualty of a burgeoning glut of fabricated gemstones....
October 12, 2023
Special ReportWatches and Jewellery: April
The perfumers with a nose for fine jewellery’s rich history
...When Walter Johnsen, vice-president of product development at fragrance company Interparfums, was approached by Graff to oversee the jeweller’s first fragrance launch, the Lesedi La Rona quickly emerged...
April 9, 2024

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