Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
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Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.
The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.