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Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers

Business & Finance

Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers todayheadline

February 20, 2025

Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De Beers ...

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De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’

Business & Finance

De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’ todayheadline

December 28, 2024

The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times. ...

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Economic Policies

Sri Lanka’s Lion Brewery eyes export boost with innovative beers todayheadline

December 4, 2024

ECONOMYNEXT – Sri Lanka’s Lion Brewery (Ceylon) Plc is planning to boost exports with the help of a newly set ...

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