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The global leader in diamond sales, De Beers, during the third site in 2018, according to preliminary data, has cut sales by 8% compared to the previous site to $520 million, according to Anglo American, which controls 85% of De Beers. In annual terms, the decrease was 6%. “Although the second quarter of the year has traditionally been characterized by a seasonal decline in activity, we continue to see good demand for rough diamonds, as diamond market participants focused on replenishment of stocks, reacting to the steady consumer demand for jewelry products with diamonds in the US and China”.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
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