£57m Pink Star diamond sold at auction

A oval shaped 59.6 carat flawless Pink Star diamond has been sold in Hong Kong for £57m ( $71m), setting a new world record for any gemstone at auction. The largest polished diamond in its class wen under the hammer, in the past it sold for $83m in Geneva in 2013, but the buyer defaulted.…

Black Swan moment for Imagination

Shares in Imagination Technology, a British Tech firm, plunged by 62 per cent, 103p, and its market capitalisation fell from £745m to £290m, after their largest customer Apple said it will no longer use its products. This is what we call a black swan movement for the company and investors in Imagination as there were…