Rare Pink Diamonds Luring More Chinese Buyers

Sept. 20 (Bloomberg) -- Rio Tinto Group, the world's second-biggest mining company, says customers from emerging markets are boosting growth at its pink-diamond business as they begin appreciating the rarity of the colored gems. Rio Tinto is selling 75 colored diamonds from its Argyle mine in Western Australia at a private sale in Hong Kong. (Source: Bloomberg)

UniCredit’s Ghizzoni Survives Calls for Management Shift
51:05 - UniCredit SpA said its board unanimously backs Chief Executive Officer Federico Ghizzoni, rebuffing shareholders who have called for a change in management. The comments came in a regulatory statement Tuesday after Italy’s biggest bank said fourth-quarter profit fell on one-time charges related to the lender’s reorganization and its share of costs for winding down four Italian banks.
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