Historic diamond fetches 16 million pounds at London auction
London - An historic cushion-shaped diamond with a European royal history of more than 300 years was Wednesday sold for 16.4 million pounds (24.2 million dollars) at Christies auction house in London. The Wittelsbach Diamond, an extremely rare 35.56...

[ Published on : Wed, 10 Dec 2008 11:32 ]

Bank of England deputy says economic crisis was underestimated
London - The Bank of England (BoE) failed to understand the seriousness of the looming economic crisis despite rocketing house prices and credit levels, its deputy chief said Monday. John Gieve said the bank had spotted some crazy borrowing and uns...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Bank of England deputy says economic crisis was underestimated
London - The Bank of England (BoE) failed to understand the seriousness of the looming economic crisis despite rocketing house prices and credit levels, its deputy chief said Monday. John Gieve said the bank had spotted some crazy borrowing and uns...

[ Published on : Mon, 22 Dec 2008 11:45 ]

Historic royal diamond smashes world record at auction - Summary
London - An historic diamond of European royal provenance was sold for a credit crunch-defying 16.4 million pounds (24.2 million dollars) at Christies in London Wednesday. The Wittelsbach Diamond, an extremely rare 35.56-carat greyish-blue diamond, ...

[ Published on : Wed, 10 Dec 2008 12:32 ]