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This year, some 2 million carats of gem-quality synthetic diamonds will be produced, versus approximately 60 million carats of gem-quality natural stones from 148 million carats mined, said industry analyst Paul Zimnisky. “To supply diamond processing chips to Apple, for example, would require much larger-scale production and higher consistency in quality,” he said. Element Six, which produced its first synthetic diamond in 1953, will also use CVD for the Lightbox line, jewelry with polished synthetic stones priced at $800 per carat. It targets annual production of 500,000 rough carats by 2020. [nL5N1T03XS] [nL5N1UM7MT].
NEW double bolt silver cufflinks in black rhodium YORK (Reuters) - Goldman Sachs economists on Thursday said the firm remained “comfortable” with its call for five more interest rate hikes — two more than priced in financial markets — through the end of 2019, In a note to clients, Goldman said it feels the Federal Reserve needs to generate a significant tightening in financial conditions to slow the economy to its potential growth pace sooner rather than later, and “that this will require delivering significantly more hikes than priced in the curve.”..
VALENCIA, Venezuela (Reuters) - U.S. consumer goods maker Colgate-Palmolive Co (CL.N) has halted production at its detergent and dish soap plant in Venezuela because it lacked cardboard boxes to ship products, a union leader said on Thursday. The plant in the city of Valencia stopped operations on Monday, union representative Carlos Rodriguez said in a telephone interview. Its cardboard provider, Ireland’s Smurfit Kappa (SKG.I), halted production in Venezuela last month after government authorities took over its local unit.
Smurfit Kappa was one of the few remaining shipping materials manufacturers in the OPEC nation, Colgate double bolt silver cufflinks in black rhodium is attempting to import cardboard from neighboring Colombia, Rodriguez said, Rodriguez said the lack of cardboard prompted the company to push up vacations for the plant’s 77 workers, He said a Colgate toothpaste plant was still operating, but had enough cardboard stock to cover only one more month of production, “If (the toothpaste plant) does not get the cardboard, its operations will also be suspended,” Rodriguez said..
FRANKFURT (Reuters) - Volkswagen’s (VOWG_p.DE) Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he is confident the maker of the iconic 911 sportscar can repeat last year’s record sales in 2018. Porsche sold 196,562 vehicles during the first nine months of the year, with Europe showing a 9 percent increase and China, the world’s largest car market, growing by 4 percent. “In the light of these good numbers we expect that we can reach last year’s record again,” Blume said in e-mailed comments on Thursday.
Porsche delivered 246,375 vehicles in 2017, Blume reiterated there are no plans to list Porsche AG on the stock market, To free up resources for new investments in electric cars for example, Porsche is opting for partnerships and leaner production and development processes, “We develop many things digitally, The Panamera Sport Turismo was launched without building physical prototype vehicles,” Blume said, Porsche is also pooling resources with its double bolt silver cufflinks in black rhodium sister brand Audi (NSUG.DE) to develop a premium electric car platform, The cooperation is still going strong, despite the stepping down of Audi’s technical development chief Peter Mertens for health reasons last month..
“We are working with Audi more intensively than ever, the resignation of Mr. Mertens has not changed this,” Blume said. Porsche can cut its development costs by 30 percent by pooling resources with Audi on vehicle architectures, modules and components, he said. “A good example of such synergies is our cooperation in the area of battery cells for our electric cars. Both of us, Porsche and Audi, source them from LG Chem (051910.KS), which has built up a plant for this in Poland.”.
CHICAGO (Reuters) - Campbell Soup Co (CPB.N) interim Chief Executive Keith McLoughlin does not believe that there are any concessions to be made in an ongoing proxy fight with hedge fund Third Point LLC, he told Reuters on Thursday, Third Point seems only open to taking over Campbell’s board and has not expressed interest in anything less, McLoughlin said in a telephone interview, McLoughlin said that he has not discussed the proxy fight that started in September with Third Point, run by activist investor Dan Loeb, which is pushing to replace the food company’s entire board of directors, Loeb has publicly double bolt silver cufflinks in black rhodium accused the soup maker’s board of mismanaging the company and destroying shareholder value..