Flash Briefing: More Mozam deal arrests; S&P has worst start since 2000; De Beers flooding fake diamond market
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The fallout from yesterday’s sales shortfall announcement by Apple Inc shook US markets last night.
Anglo American subsidiary De Beers has moved aggressively into synthetic diamonds, dropping prices of the laboratory-made products in a bet that consumers will be prepared to pay premiums for the mined natural stones.
The chances of a no deal Brexit continue to escalate with over half Conservative Party MPs saying they prefer crashing out of the EU to Mrs May's plan.
In South African related news, Mozambique’s fundraising scandal where an alleged $200m in kickbacks were paid on a $2bn loan, continues to grow.
Anglo American subsidiary De Beers has moved aggressively into synthetic diamonds, dropping prices of the laboratory-made products in a bet that consumers will be prepared to pay premiums for the mined natural stones.
The chances of a no deal Brexit continue to escalate with over half Conservative Party MPs saying they prefer crashing out of the EU to Mrs May's plan.
In South African related news, Mozambique’s fundraising scandal where an alleged $200m in kickbacks were paid on a $2bn loan, continues to grow.
