De Beers is set to cut jobs in Botswana, which might send a shiver down the diamond industry’s spine, but India has made clear its intention to source diamonds directly from Botswana. Better sense has prevailed, and Botswana has recognized that it would be wise to diversify the sellers of its famed diamonds, rather [...]
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Crude Investing News reports crude prices have increased with the positive outlook in the economy. Prices were also supported by concerns of disruptions to African oil supplies as Nigerian militants threatened to block waterways used for energy exports and a fire at a Sunoco Inc. refinery in Delaware affected operations. The June crude contract expires [...]