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...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...
...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....
...Like, which companies are affected by this rise in lab-grown? Alan LivseyTwo really big makers control about two-thirds of the diamond market worldwide....
...Many companies are producing synthetic diamonds, not only for jewellery but in the hope of new industrial uses, from electrical vehicle components to energy storage....
...Besides diamonds, the London-based company managed to maintain its guidance across its other commodities such as copper, iron ore and steelmaking coal....
...Diamond output by the mining giant De Beers is down 23% this quarter. Demand is slowing as a bounce from the coronavirus pandemic wears off and synthetic diamonds eat into market share....
...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....
...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....
...In 2015, Smartpay told a recruitment agency that it was an onshore company and provided information about its UK-registered entity of the same name, including company reference number, tax number and company...
...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...
...MEG Energy appointed Darlene Gates as president and chief executive of the Canadian oil sands company, succeeding Derek Evans....
...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...
...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....
...The Copenhagen-listed company said on Wednesday it would also cut up to 800 jobs and withdraw from offshore wind markets in Norway, Spain and Portugal, marking a retreat after several years of aggressive...
...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....
...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....
...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....
...Lab-grown diamonds have weighed on prices recently, making the entire company a more feasible takeover target. If Anglo American wants to avoid being bought, it’ll have to double down....
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
...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.”...
...Leading figures from floating offshore wind companies have urged the government to step up its support for an industry they hope could account for half of all offshore wind generation capacity by the middle...
...All other units, such as De Beers diamonds, would have undergone a strategic review....
...Ørsted last week also said it would exit offshore markets in Norway, Spain and Portugal, and slow down its development of floating offshore wind....
...Mads Nipper, president and chief executive, said the moves were needed to make Ørsted a “leaner and more efficient company”....
...The German company, which produces about 15 per cent of the UK’s electricity and is developing offshore wind projects in the UK, wants officials to rethink their approach ahead of the next auction round...
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