A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Industry
Honda takes caution with emerging markets as sales drop
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
Smartphone buyers prioritize features over looks,price
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
PBOC injects CNY 17 billion (USD 2.7 billion) in local market to ease credit crunch
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Greece receives additional EUR1.7 billion funding from IMF
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
Latest News
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
Consumer economic sentiment in the U.S. climbed to its highest number six years despite cross-currents among higher-income and lower-income households.
The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.
