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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....
...Besides diamonds, the London-based company managed to maintain its guidance across its other commodities such as copper, iron ore and steelmaking coal....
...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....
...Most can be dealt with as follows: no, not nearly enough; yes, but that would require a wholesale transformation of lifestyle and socio-economic context; OK, but that seems extortionate for a mattress....
...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...
...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....
...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....
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
...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....
...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.”...
...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....
...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....
...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....
...The company made $1.9bn of revenue in the first half of 2022....
...Graduates who complete the diamond diploma can also apply for DGA membership....
...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....
...company was announced in January....
...The collapse of a large lab-grown diamond manufacturer will come as a relief to the mining companies....
...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...
...Sales of diamond rings in the US market have gradually dropped from 86 per cent of ring sales in 2020 to 82 per cent in 2023, said Edahn Golan, managing partner of Tenoris, a diamond analytics company, based...
...When Marilyn Monroe sang “Diamonds Are a Girl’s Best Friend” in the 1953 film Gentlemen Prefer Blondes, she was covered in Swarovski crystal jewellery that was more affordable than a typical diamond....
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