Hezbollah financier illegally shipped art, diamonds from US, prosecutors say
By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors on Tuesday charged an alleged financier of Lebanon’s Hezbollah with evading U.S. sanctions imposed on him by exporting hundreds of millions of dollars…
Jewellery maker Pandora goes big on lab-made diamonds with North American launch
COPENHAGEN – Pandora, the world’s largest jewellery maker, said on Tuesday it would move ahead with its bet on lab-made diamonds, following its announcement last year to stop selling mined diamonds. Copenhagen-based…
Petra Diamonds annual revenue up 44% on U.S. demand for gems
(Reuters) – Petra Diamonds on Tuesday reported a 44% jump in full-year revenue to $585.2 million, driven by higher gem prices, an increase in exceptional stones and record jewellery demand in the…
Russia says it may buy diamonds from sanctions-hit Alrosa
(Reuters) – Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov…
New UK trade sanctions hit Russian caviar and diamonds
LONDON -Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish Moscow for its invasion of Ukraine. Latest…
Beyonce bought $311,000 diamond Stilettos
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