Move reflects market shift to higher-value diamonds.
Category: Financial
Bloc proposes fresh package of restrictions.
Soaring costs and reduced discretionary income are raising concerns in the diamond trade.
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 Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.
Ransom payment — in bitcoin — prevented publication of client data, court document says.
US, UK, Canada and Japan work to eliminate funding for Putin’s war on Ukraine.