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Indian Diamond: Diamond traders hope Biden visit will restore sparkle to business with US, ET Retail

The Indian diamond trade is hopeful for a better deal with the US following President Joe Biden s attendance at the G20 Summit. The US has reduced imports of cut and polished diamonds from India by nearly 50% due to concerns that some of these stones might be indirectly sourced from Russia. ....

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Europe Luxury Stocks Slide as Richemont Chairman Says Inflation Is Denting Demand

(Bloomberg) Luxury-goods stocks slumped in Europe, wiping out more than $25 billion in market value, after Richemont Chairman Johann Rupert said inflation is starting to dent demand across the region.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Te ....

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Indian diamond: Diamond traders hope Biden visit will restore sparkle to business with US

The Indian diamond trade is hopeful for a better deal with the US following President Joe Biden s attendance at the G20 Summit. The US has reduced imports of cut and polished diamonds from India by nearly 50% due to concerns that some of these stones might be indirectly sourced from Russia. ....

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