Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key U.S. market and robust demand in China and India, the head of the company's distribution arm has said... more
De Beers, the world's largest diamond producer, returns to a profit as production rose 34% in 2010 amid a strong recovery in diamond prices, although it remains cautious about the market this year... more
New Marks & Spencer chief executive Marc Bolland is said to be burning the midnight oil in his Paddington HQ ahead of next week’s trading statement... more
Moped gang seizes tens of thousands of pounds worth of designer handbags in a smash-and-grab raid on a West End store — 10 days after an identical attack on the same shop... more
Prosecutors unveil tough new tactics to crack down on smash and grab gangs targeting London stores after raiders steal £4 million of jewellery in the heart of the City... more
Smash-and-grab raiders strike in the heart of Mayfair as four men on scooters use sledgehammers to break into the Prada store in Old Bond Street... more
The world’s biggest diamond miner, De Beers, has held talks with its 45% shareholder Anglo American over the London-listed minerals giant taking a bigger stake in the group... more
Rio Tinto declared it would resume the expansion of the world's biggest diamond mine next year as global demand for jewellery begins to recover from the recession... more
Diamonds have lost their sparkle. De Beers, the world’s top miner of the gems, today said its half-year profits plunged 99% from £192 million to £1.83 million ... more
London’s leading shares resumed their unusual summer rally after an early-morning wobble today, and were heading for a tenth straight day of gains... more
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