Angola plans to change diamond market
Angola plans a new system for selling rough diamonds as part of President João Lourenço’s efforts to increase investment, production and government revenue, a draft decree shows. Diamond producers say […]
Alternative investments
Climate risk is not a focus for insurance industry
The Asset Owners Disclosure Project, an independent, non-profit analysed the performance of the world’s top 80 insurance companies in adapting to a low-carbon economy. They looked at whether insurer’s had […]
De Beers launches its synthetic diamonds project
De Beers, the world’s largest producer of rough diamonds by value, is leaping into the synthetic diamond jewellery business, undercutting the prices of others in the sector by using its […]
Global luxury hotel market will grow in the coming years
A new report by Grand View Research, Inc. shows major gains will be made by the international tourism industry in the coming years. The global luxury hotel market size is […]
Vatican: It’s time to develop new form of finance
The Vatican is denouncing offshore tax havens and financial instruments such as derivatives as gravely immoral and unjust, calling them “ticking time bombs” that will hurt the world’s poor the […]
Lab-Grown Diamonds the jewelry market for Millennials
The $80 billion mined-diamond industry is at a tipping point as man-made diamonds are offering consumers a new option. When consumers are given a choice between buying a 1 carat […]
Artificial Intelligence: working in progress to change the world
This month the McKinsey Global Institute released a discussion paper called “Notes from the AI Frontier: Insights from Hundreds of Use Cases” that measures the recent progress of artificial intelligence […]
Art Investing: Blockchain could protect artists from fakes
Art is a multi-billion dollar industry. However, based on a recently released report, online sales only contribute 8% to this total, which amounts to approximately $5.4 billion. With the world […]