De Beers has cut diamond prices by 10-15%, a historically large reduction, in response to falling demand and the rise of synthetic diamonds. This move signals a significant shift in the diamond market ...
Diamonds are losing their sparkle, at least for the stones dug out of the ground. The rapid development of lab-grown synthetic diamonds increasingly looks like it will deliver a death blow to diamond ...
LONDON — De Beers Group, which rocked the industry when it launched its Lightbox jewelry made from lab-grown diamonds, is shutting the business. The diamond miner and jeweler said it planned to shut ...
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De Beers chief executive Al Cook wants to save a generation of lovers and newlyweds from what he calls a “huge con” when it comes to buying diamonds. In the process, he hopes to rescue his iconic ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Investors are grappling with unprecedented uncertainty due to ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Insuring diamond jewelry has traditionally been simple. The ...