Ian Harebottle is searching for a global celebrity to do for emeralds what Marilyn Monroe and Audrey Hepburn did for diamonds.

Investment View: Cynthia Carroll didn't do such a bad job in an extremely difficult situation

The FTSE 100 Index is to lose another female chief executive after Cynthia Carroll announced she is to step down as boss of Anglo American.

Four executives are in line to pocket the lion's share of a £100m paper fortune from a lucrative incentive plan after turning round a string of unloved industrial assets.

London-based jewellery business Graff Diamonds is looking to sparkle in Hong Kong in April, with plans for a $1bn (£636m) float.

De Beers, the diamond miner which acts as the canary-down-the-mine for the ultra-luxury goods sector, yesterday sounded a warning call that the party may be coming to an end.

First founded by Cecil Rhodes, De Beers' sale to Anglo American puts the diamond miner back in British hands

De Beers, one of the world's largest diamond producers, posted a 55 per cent jump in first-half earnings to $1.2bn (£732m) on the back of record sales and an unprecedented jump in prices, driven by China, India and unexpectedly strong demand from the US.

Diamonds are forever?

Market gossips turned once again to Shire last night as renewed speculation, plus raised expectations ahead of its forthcoming results, helped to galvanise the drug maker.

Diamond giant De Beers has recovered its sparkle, bouncing back to profitability last year thanks to rising prices and roaring demand from emerging economies.

Petra diamonds, the largest diamond producer on London's junior AIM market, posted better-than-expected annual results yesterday, boosted by the sale of the 507-carat Cullinan Heritage diamond.

The gang behind a raid on an exclusive jewellery store stole valuables with an estimated retail value of £380,000, police said last night.