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The Diamond World Takes Radical Steps to Stop a Pricing Plunge

(Bloomberg) When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they were presented with a rare offer by their host: the option to buy nothing at all.Most Read from BloombergAn Opioid-Like Drink Is Masquerading As a Wholesome Alcohol AlternativeTrump’s 40 Wall St. Loan Transferred to Special ServicerWorld’s Biggest Bank Has to Trade Via USB Stick After HackUS Credit-Rating Outlook Changed to Negative by Moody’sNew ‘Call of Duty’ Draws Harsh

The Diamond World Takes Radical Steps to Stop a Pricing Plunge

The Diamond World Takes Radical Steps to Stop a Pricing Plunge
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Diamond industry faces price plunge, Gen Z uncertainty

What looked like a cool down quickly turned into a plunge, with gains by lab-grown diamonds making matters worse.

dhanteras: Automobile, appliances & consumer goods companies witness high double-digit growth on Dhanteras

Automobile manufacturers, consumer goods companies and appliance makers have observed growth in sales during Dhanteras and expect the trend to continue for the next three days. The manufacturers have reported a high double-digit growth during pre-Diwali Dhanteras sales, in comparison with the same period last year.

FMCG Sales Climb as Rural Demand Sees Green Shoots

Indias packaged consumer goods grew 9% by value and 8.6% by volume in the September quarter from the year earlier, aided by higher spending in rural India for both essentials and discretionary products, researcher NielsenIQ said.

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