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Philip Blenkinsop

Downturn, debt dull diamond sector sparkle

It wouldn't be fitting to mount a barrage of ''sale'' and ''special offer'' signs in the windows of jewellers crowded into Antwerp's diamond square mile.

InBev on verge of talks with Anheuser, SABMiller soars

World number two brewer InBev was on the verge of merger talks with Anheuser Busch, a newspaper said on Tuesday, while consolidation fever drove up shares in global leader SABMiller. SABMiller shares shot up as much as 8,2% to a 19-week high of £13,24.

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