Diamond giant De Beers slashed the price of its lab-grown rocks by nearly 40%, citing their plummeting wholesale prices, the London-based company said Friday. The man-made gems, which have gained in ...

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De Beers reportedly cut rough diamond prices in January, a rare retreat by the industry’s once-dominant broker as slumping demand, lab-grown stones and trade turmoil batter the global diamond market.

Add Yahoo as a preferred source to see more of our stories on Google. Assimon, who joined De Beers in 2020, will remain until the end of February before taking up a new job outside the group later ...

Add Yahoo as a preferred source to see more of our stories on Google. The diamond business has been losing its luster of late and the industry’s largest producer wants to bring some of the shine back.

Diamond mining giant De Beers Group has announced plans to discontinue its lab-grown diamond (LGDs) jewellery brand Lightbox and focus on natural diamonds in the jewellery sector. Discussions ...

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 ...

De Beers largest diamond stockpile since 2008 shows challenges from weak Chinese demand and growing lab-grown diamond competition. The company is cutting supply and ramping up marketing ahead of a ...

De Beers has built up its largest stockpile of diamonds since the Great Financial Crisis, as sinking demand and tougher competition weigh on the industry giant. "It's been a bad year for rough diamond ...

Fresh, authentic campaign connects the journeys of ‘Zillennial’ couples, who are leading the engagement recovery, with the incredible journey that natural diamonds take as the ultimate symbols of ...

Taylor Swift is proving once again that she knows how to make repeat pieces feel brand new. While attending a wedding in ...

The diamond business has been losing its luster of late and the industry’s largest producer wants to bring some of the shine back. De Beers is taking action to jolt demand for the precious stones ...