Anglo could take writedown on De Beers after diamond slump
By Bloomberg Published Feb 9, 2024 Anglo American Plc said it could take an impairment on its De Beers diamond unit after the sector was hit by a collapse in …
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De Beers warns diamond recovery will be slow after terrible year
By Bloomberg Published Feb 7, 2024 De Beers expects any recovery in the beleaguered diamond market to be slow and gradual as the industry continues to suffer from weak economic …
De Beers reveals executive exits including chief brand officer
De Beers Group announced on Monday that David Prager, executive vice president and chief brand officer, and Ryan Perry, acting executive vice president of strategy and innovation, have decided to …
Malaysian cook sold to Myanmar scam gang tells of beatings, 18-hour days — and his escape via a pigsty
When he saw a job advertisement to work as a chef in Thailand for a salary ranging from 8,000 to 10,000 ringgit (US$1,700-US$2,135), a Malaysian cook jumped at the opportunity. …
De Beers will stockpile unsold diamonds after prices tumble
By Bloomberg Published Nov 13, 2023 De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase …
De Beers diamond sales slump
By Bloomberg Published Nov 8, 2023 De Beers sold the least diamonds since halting sales altogether during the height of the global pandemic, as the industry struggles with weak demand …
This grandmother works gruelling 70-hour weeks just to pay the bills. And she’s not alone
Young outside of the home she rents with her husband in Flatrock, N.L. She says the two don’t have much time to spare for each other these days. (Malone Mullin/CBC) …
Restaurant industry facing bleak outlook, as costs mount even faster than skyrocketing prices
After withstanding the once in a lifetime pummeling of the COVID-19 pandemic, Canada’s restaurant industry is still in dire straights and many businesses are in danger of going under. That’s …
De Beers Brands appoints Sandrine Conseiller as CEO
Translated by Nicola Mira Published Oct 20, 2023 South African diamond group De Beers has named Sandrine Conseiller CEO of De Beers Brands, the division that runs the De Beers …
De Beers says G7 needs to consult industry on planned Russian diamond ban
By Reuters API Published Oct 19, 2023 Global diamond company De Beers on Thursday urged G7 leaders to debate plans to ban Russian diamonds from 2024 with governments and industry …