Anglo American AAL5.06%increase; green up pointing triangle expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload.

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales. The London-listed miner said on Thursday that it will review De Beers ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake ...

The miner said it would examine De Beers’s value in light of sluggish demand for diamonds as it seeks to exit the business.

Anglo American expects its De Beers diamond business to book an impairment as the mining giant reviews the value of the unit it hopes to offload. The London-listed miner said Thursday that the ...

DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial year. The move recognises little chance of a major recovery in the ...

Anglo American Plc expects to take a writedown on its De Beers operations, as plunging diamond sales prompt output cuts and complicate its plan to exit the business. The company is likely to book ...

The FTSE 100 group is planning to sell or spin off its iconic diamond unit De Beers as part of a major restructure, following rival BHP's ultimately unsuccessful takeover bid last year.

Anglo American grapples with South African logistics challenges impacting Kumba Iron Ore, while De Beers faces financial ...

Beers that fall between 2% ABV and 5% ABV, generally considered the “low” alcohol share, make up less than half of the growth of “low-to-no” segment in the total U.S. beer market.

The key to a good Super Bowl party is a proper spread. That includes delicious food and, importantly, a crowd-pleasing lineup of beers. That second half can be a daunting task. There are more ...

An early example: A quarterback labeled “Thanksgiving bender” narrowly jukes an opponent called “Family time” before celebrating in the end zone with a teammate named “Friday beers.” ...