Lower prices take shine off Petra Diamonds revenue

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Lower prices take shine off Petra Diamonds revenue

Shares in Petra Diamonds PDL, -9.16% tumbled more than 13% on Monday after the miner revealed a 6% decline in revenues in the first half, hit by lower prices, the U.S.-China trade war and ongoing political unrest in Hong Kong. The London-listed miner, …
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Milwaukee Tool's West Bend factory could have 100 employees by 2025

The vertically integrated manufacturing facility that Milwaukee Electric Tool Corp. plans to build in West Bend will be located in a new business park the city is developing. The facility could have 100 employees by 2025. BizTimes reported Saturday about …
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Accountants need to embrace digital AML solutions

The amended money laundering regulations (MLRs) that came into force on 10 January will, I suspect, have caught many accountants by surprise.
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On heels of bankruptcy filing, Midtown's 'castle' hits the market

One of Midtown’s more unique home renovations is up for grabs. Following a Chapter 11 bankruptcy filing in November, the owner of Midtown’s “castle” property has put it back on the market, according to the Atlanta Business Chronicle. Located at 87 15th …
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Fendi, Berluti take over old Coach flagship at 595 Madison

Fendi and Berluti have both inked leases in Vornado’s 595 Madison Avenue, just a few days after Coach abruptly closed its flagship store in the building. The stores will take up most of the building’s storefront space, and Vornado should ink one more lease in …
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