Category: Financial

New EU Sanctions Spare Russian Diamonds – Report

Bloc proposes fresh package of restrictions.

US Wholesale: Inflation Threatens the Bottom Line

Soaring costs and reduced discretionary income are raising concerns in the diamond trade.

India’s Largest Bank Launches Lab-Grown Lending

The State Bank of India (SBI) has begun financing synthetics producers and is thought to be the country’s first lender to draw up a formal policy for the sector.

Signet Buys Blue Nile for $360M

Signet Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.

Graff Paid $7.5M to Cyber Hackers: Lawsuit

Ransom payment — in bitcoin — prevented publication of client data, court document says.

Major Countries Ban Import of Russian Gold

US, UK, Canada and Japan work to eliminate funding for Putin’s war on Ukraine.

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