NEWS
New York: Tiffany & Co.’s sales could
suffer if China retaliates by boycotting American products in the aftermath of
U.S. President Donald Trump’s protectionist trade policies, Bloomberg reports.
Ramat Gan: Large and unusual stones mined
by Russia's Alrosa promise to be key attractions at the sixth International
Diamond Week in Israel (IDWI) which will be held from February 13 to 16.
Mumbai: India's exports of Gem &
Jewellery for Dec.2016 recorded $3.09 bn showing a growth of 22.38% as compared
to exports worth $ 2.53 bn for the same month year 2015, according to data
released by the Gem & Jewllery Export Promotion Council (GJEPC) of India.
New York: The 6th India Diamond Week
organised by The Gem & Jewellery Export Promotion Council (GJEPC) opens
yesterday with 48 diamond manufacturers displaying their products on the
Trading Floor of the Diamond Dealers Club, New York. The 3½ day event concludes
on Thursday, January 26.
New York: Gübelin Gem Lab has launched a
permanent location in New York as part of a global expansion program that has
seen the Swiss laboratory build a presence in three continents.
Mumbai: Malabar Gold & Diamonds, one of
the world's largest gold and diamond jewellery retailers, announced an
investment of Rs 620 crore to expand its retail network. The plan will see an
addition of 24 stores in three months, from January. Of this, Rs 220 crore will
be invested in India.
Beijing: China attracted $52 million, the
biggest inflow into commodity-linked exchange-traded funds of all countries
tracked by Bloomberg. Huaan Yifu Gold ETF, China’s largest ETF backed by raw
materials, is getting all the attention, attracting almost $72 million last
week, more than enough to offset outflows from its peers. Globally, some $230
million was withdrawn from commodity ETFs for the week.
London: Ever since they got married, the
Dukes of Cambridge have spurred a revived interest in Britain’s Royal Family.
From Netflix’s award-winning TV shows to
entire books and documentaries have bloomed in the past six years. The jewelry
business also wants a piece of the revamped-popularity cake.
Johannesburg: Diamcor Mining has completed
the installation of additional operational equipment and expansions underway at
its Krone-Endora Mine at Venetia project in Limpopo, South Africa. The junior
diamond project developer confirmed that all the work is now complete and all
the items are now operational.
Antwerp: BrilliAnt - the Antwerp Diamond
Trade Fair has published its seminar programme schedule for the three-day show.
The seminars, to be presented by the World Diamond Mark Foundation (WDM), HRD
Antwerp NV and the Diamond Producers Association (DPA), will focus on many aspects
of diamond and diamond jewellery marketing.
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