Diamonds becoming a mass market luxury, emerge as investment alternative to goldWith gap between gold and diamond jewellery prices declineing considerably, buyers now see diamonds as an alternative to gold.
- Oil rises to $111, Nikkei gains 5.7%
European shares & US index futures fluctuate, Asian stocks rally & euro weakens.
- Essar Energy to raise $ 500 mn in convertible bonds
The London-listed Essar Energy plc announced a $ 500 million convertible bond issue Tuesday, to be used primarily to pursue acquisition opp...