#Latest news with #uncutgemsBloomberg04-02-2025BusinessBloombergThe $80 Billion Diamond Market Crash Leaves De Beers ReelingA slump in demand has left De Beers floundering — and threatens to frustrate its owner's plans to sell what was once the titan of the industry. By For decades, the inner circle of the diamond world has assembled 10 times each year for an invitation-only event, where hundreds of millions of dollars of uncut gems changed hands in a matter of days. Until they didn't.
Bloomberg04-02-2025BusinessBloombergThe $80 Billion Diamond Market Crash Leaves De Beers ReelingA slump in demand has left De Beers floundering — and threatens to frustrate its owner's plans to sell what was once the titan of the industry. By For decades, the inner circle of the diamond world has assembled 10 times each year for an invitation-only event, where hundreds of millions of dollars of uncut gems changed hands in a matter of days. Until they didn't.
04-02-2025
