Economy

Bleu Royal diamond rakes in nearly $44 mn at Geneva auction
Bleu Royal diamond rakes in nearly $44 mn at Geneva auction

An exceptionally rare blue diamond went under the hammer in Geneva Tuesday, selling for more than $40 million, making it one of the most expensive diamonds ever sold at auction, Christie's said. Fancy vivid blue diamonds weighing more than 10 carats are exceptionally rare.

Top consultancy undermining climate change fight: whistleblowers
Top consultancy undermining climate change fight: whistleblowers

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources and leaked documents.

US trade gap widens in September as imports rise more than exports
US trade gap widens in September as imports rise more than exports

The US trade deficit expanded in September on the back of a larger rise in imports than exports, according to government data released Tuesday. The US goods deficit with China, a point of focus during the trade war between both countries, grew to $24.1 billion in September, data showed.

Greens see red over giant Paris billboards
Greens see red over giant Paris billboards

Does beauty lie in the eye of the consumer? "At some point, people have to be able to enjoy the beauty of their city without being assaulted by injunctions to consume more and more," said Meunier, who said he opposed "the principle of advertising altogether".

Port workers join Tesla strike in Sweden
Port workers join Tesla strike in Sweden

Workers at four Swedish ports blocked the loading and unloading of Tesla cars Tuesday in a growing strike movement over the US company's refusal to sign a collective wage agreement with mechanics.

Korean Air says 'strictly manages' radiation exposure after crew death ruling
Korean Air says 'strictly manages' radiation exposure after crew death ruling

Korean Air said Tuesday it "strictly manages" cosmic radiation exposure for its flight crew, after a landmark decision ruled an air steward's cancer death was akin to an industrial accident. The ruling is the first time that an official labour body in South Korea has recognised the correlation between cosmic radiation and cancer for flight attendants as an industrial death.