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US firm aims to cut investors in on the $1.2tn diamond market

A New York-based technology company is trying to succeed where several firms have failed and make the $1.2tn global market for diamonds more accessible to financial investors, through the creation of a futures contract and a fund tracking the price of the gems.

Diamond Standard is trying to establish the equivalent of the gold bar for the precious stone market, which is dominated by jewelery houses and which, unlike gold, is not commoditized. It plans to launch a futures contract for diamonds on the Minneapolis Grain Exchange (MGEX) by the end of the year, chief executive Cormac Kinney told the

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Lynx, Reeve energized around new star duo of Napheesa Collier and Diamond Miller

MINNEAPOLIS (AP) — The Minnesota Lynx tried a stopgap approach to filling the void from the disassembly of their four-championship dynasty, a patchwork process that worked all right until a collapse last season left them out of the playoffs and produced the worst record in 13 seasons under head coach Cheryl Reeve.

The time for a clear new direction has come, with Napheesa Collier and Diamond Miller leading the way.

Collier’s return and Miller’s arrival had sparked a freshness around one of the WNBA’s model franchises and left Reeve feeling “energized and enthusiastic” by her first training camp without anyone

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How a Humble Piece of Rock Solved a Long-Standing Diamond Mystery

ShinyDiamond

Two QUT researchers used a standard laptop and a piece of rock from a diamond mine waste pile to solve a long-standing geological puzzle about diamond formation in the Earth’s ancient continents.

Two researchers from Queensland University of Technology (QUT) have utilized a simple laptop computer and a piece of rock, obtained from a diamond mine’s “waste pile”, to unravel a long-standing geological mystery surrounding the formation of diamonds in the deep roots of the earth’s ancient continents.

The lead author, QUT Ph.D. student Carl Walsh, along with QUT Professor Balz Kamber and Emma Tomlinson from Trinity College, Ireland, recently

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Judge bristles at cheater talk after taking sideways glance before big home run

TORONTO (AP) — New York Yankees slugger Aaron Judge doesn’t appreciate being branded a potential cheater after he took a sideways peek before hitting a 462-foot home run in Toronto.

“I’ve got some choice words about that, but I’m just going to keep that off the record,” Judge said before Tuesday night’s game.

Across the diamond, Blue Jays manager John Schneider said his team spoke to Major League Baseball about the positioning of New York’s base coaches.

“There’s boxes on the field for a reason,’ Schneider said.

The commissioner’s office said it was aware of Monday’s situation and would be

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Booking Holdings (BKNG) Reported Strong Results on Increased Booking Volume

Diamond Hill Capital, an investment management company, released its “Large Cap Strategy” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy underperformed and returned -0.75% (net) compared to a 7.46% return for the Russell 1000 Index. In addition, you can check the top 5 holdings of the strategy to know its best picks in 2023.

Diamond Hill Large Cap Strategy highlighted stocks like Booking Holdings Inc. (NASDAQ:BKNG) in the first quarter of 2023 investor letter. Headquartered in Norwalk, Connecticut, Booking Holdings Inc. (NASDAQ:BKNG) provides online travel and restaurant booking

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The Koh-i-Noor and Cullinan diamonds: Crown jewels have fraught history

For decades, Britain has been giving back its spoils of empire: the Stone of Scone to Scotland in 1996, Hong Kong to China in 1997 and, most recently, some of the Benin bronzes, with perhaps more to follow.

But, so far, that spirit of returning what was taken has not extended to the British crown jewels — specifically to the Koh-i-Noor diamond, which will be kept out of sight during King Charles III’s coronation Saturday, and the Cullinan diamonds, which will feature heavily.

Where the Koh-i-Noor diamond was first pulled from the earth is unknown,

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Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released update note on Genius Group Ltd. (NYSE: GNS). The update note includes information on the Genius Group Ltd.’ financial results, management commentary, recent developments, outlook, risks, and our estimates.

The update note is available here. Highlights from the note include:

  • Announcements Relating to Various Launches and Strategic Partnerships: Genius Group launched California Business School, a school within its subsidiary University of Antelope Valley (UAV), to house its flagship MBA program and has collaborated with

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Why is Camilla being crowned queen? King Charles’ wife’s role at the coronation, explained

King Charles III’s big coronation day will also be cementing Queen Consort Camilla’s role as a senior member of the British royal family.

Camilla – born Camilla Rosemary Shand – has had many changes to her title since the beginning of her relationship with Charles, from Dame Grand Cross of the Royal Victorian Order and the Duchess of Cornwall, to her latest as queen consort.

It has been nearly 90 years since Britain’s last queen consort – Queen Elizabeth, the Queen Mother – was crowned. While the term may be unfamiliar, it has a long tradition.

Here’s what the title