De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping ...
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EU moves to choke €4 billion lifeline as G7-backed diamond ban tightens grip on Russian revenues
The European Union (EU) is intensifying its sanctions on Russian diamonds, aiming to significantly reduce one of Russia’s most valuable sources of income. The updated measures were outlined by the ...
TEL AVIV, June 24 (Reuters) - The family businesses that make up the global diamond trade have seen their profits wiped out over the past five years, hit by shaky financing, increased costs and ...
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