De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.
Taylor Swift's $36,000 Date Night Earrings Were Gifted to Her After She Wore Them to the 2024 Golden Globes
A rep for De Beers tells PEOPLE that the $36,000 De Beers Arpeggia One Line diamonds earrings Taylor Swift has been wearing ...
De Beers builds up largest diamond stockpile since 2008 crisis as demand slumps, report says
De Beers has built up its largest stockpile of diamonds since the Great Financial Crisis, as sinking demand and tougher ...
Mining3d
De Beers sitting on largest diamond inventory since 2008, FT reports
De Beers has reportedly built up its largest stockpile of diamonds since the 2008 financial crisis, with an inventory valued ...
Diamond Mountain Casts A Long Shadow On The Sale Of De Beers
Selling De Beers, the biggest transaction ever attempted in the diamond industry, just got a little harder with news that it ...
Natural diamonds had a rough year—some hope to restore their shine
After a postpandemic surge in demand in 2021 and 2022, natural-diamond prices are down about 8% compared with the first ...
An Instagram influencer is offering a $1.9M reward for $13M of jewelry taken from her home
A $13 million jewelry heist in London has prompted a $1.9 million reward for info leading to the recovery of the items and ...
De Beers amasses biggest diamond stockpile since 2008 financial crisis
De Beers Group has amassed its biggest stockpile of diamonds since the 2008 Global Financial Crisis, laying bare the group’s ...
InStyle on MSN3d
Taylor Swift Wore a $32,200 Grandpa-Coded Accessory for a BFF's Birthday Party
Fans have yet to see the new $60,350 rose gold Day-Date 36 Rolex that Kelce reportedly picked up as part of the $155,200 he ...
Yahoo Finance6d
De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales." ...