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DE BEERS SALE
Priced out of World Cup games, Mexican fans take celebrations into their own handsMexican fans are creating their own vibrant FIFA World Cup celebrations on the streets due to exorbitant ticket prices, making the tourname...- India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
- India's premium liquor boom defies global slowdownIndia's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite ...
- De Beers draws interest from billionaire Agarwal, Qatari funds, sources sayDe Beers, currently being divested from Anglo American, has attracted interest from multiple consortia, including billionaire Anil Agarwal,...
- De Beers draws interest from ex-CEOs as Anglo American Plc starts saleAnglo American is set to initiate the sale of De Beers. This follows interest from potential buyers, including former De Beers executives. ...
- De Beers secretly sells discounted diamonds to selected tradersDe Beers is facing industry challenges. The company is selling rough diamonds at lower prices to select buyers. This move aims to reduce in...
- De Beers Group announces intention to close its lab-grown diamond jewellery brandDe Beers Group is set to close its Lightbox lab-grown diamond jewelry brand, reaffirming its dedication to natural diamonds. This decision ...
- Diamond major De Beers India expects 10%-15% growth for its De Beers Forevermark diamondsNancy Liu, CEO, De Beers Forevermark said “A Forevermark diamond has always stood for the highest standards of beauty and responsible sourc...
- De Beers India sees rising Covid cases hitting Akshaya Tritiya sales, pins hopes on vaccinationThe situation in the diamond market has not yet improved. According to the annual report on the global diamond industry, the current crisis...
- India's diamond trade has one less problem to solve amid pandemicDe Beers and ALROSA, the two biggest miners in the trade, have decided to extend by a quarter the existing long-term rough diamond supply c...
- De Beers sees retail diamond sales returning to 70-80 per cent of pre-COVID level by October-NovemberAfter two months of washout due to lockdown, pent up demand lasted for a few weeks. Then top cities lagged but business in tier II cities w...
- The great diamond glut: Miners stuck with gems worth billionsThe five biggest producers are probably sitting on excess inventories worth about $3.5 billion.
- Gitanjali Gems may lose De Beers sightholder statusAs scam unfolds, world’s largest diamond mining company De Beers has made it clear that the company won’t do business with firms not comply...
- Cash is king for diamond market reeling from India money war"The Indian demonetisation programme is showing how much of the polishing industry is still a cash business," said Richard Chetwode, an ind...
- De Beers sells $540 million of diamonds, twice last sale's levelDe Beers sold $540 million of diamonds in its first sale of the year, more than double the amount at the biggest producer’s previous offeri...
- De Beers fighting to restore monopoly; challenges lie aheadSince its inception, De Beers has survived two World Wars, the Great Depression, the break-up of the USSR and the end of apartheid in South...
- De Beers to shift diamond trading business to Botswana from LondonDe Beers, which produces more than a third of the world's diamonds, has agreed to move sorting and trading of the gems to Botswana by the e...
- De Beers posts 55 pc jump in H1 earningsDe Beers' on Tuesday reported 55 per cent jump in this year's first six months' earnings at almost USD 1.2 billion over the same period las...
- De Beers sells South African Cullinan Diamond MineThe world's biggest diamond company De Beers said Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the lar...
- Surat floods impact global diamond tradeThe world’s biggest diamond company, De Beers, on Wednesday said floods in Surat, among other reasons, have dampened global demand for uncu...
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