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Rare blue diamond fetches $21.5 mn at auction in Geneva
Rare blue diamond fetches $21.5 mn at auction in Geneva
by  AFP

An exceptionally-rare blue diamond went under the hammer in Geneva late Tuesday, selling for $21.5 million, Sotheby's auction house said. Ahead of its final showing in Geneva on Tuesday, it was unveiled as part of a Sotheby's debut exhibition in Abu Dhabi last month, where it was showcased alongside seven other "extraordinary" diamonds and gemstones collectively worth over $100 million.

Russia jails prominent vote monitor for five years
Russia jails prominent vote monitor for five years
by  AFP

Russia on Wednesday sentenced a high-profile election monitor to five years in prison, part of an intensifying crackdown by the Kremlin against independent critics and opponents. Melkonyants was arrested in August 2023, as part of a crackdown on Kremlin critics and opponents that has accelerated amid Moscow's military offensive on Ukraine.

Umbro owner in joint bid for Le Coq Sportif
Umbro owner in joint bid for Le Coq Sportif
by  AFP

A consortium that includes the US owner of sportswear brand Umbro and French telecom billionaire Xavier Niel unveiled Wednesday an offer to acquire France's struggling sportswear label Le Coq Sportif for 60 million euros ($68 million). The consortium would immediately inject 60 million euros into Le Coq Sportif and save its historic site at Romilly-sur-Seine in northeastern France.

Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
by  AFP

Tom Cruise's "Mission: Impossible - The Final Reckoning" powers into the Cannes film festival for its premiere on Wednesday on a steamroller of hype, with the world asking if this will be the final curtain for agent Ethan Hunt. Fans will find out if this really is the end of the road for secret agent Ethan Hunt when "The Final Reckoning" is released in Europe and the Middle East from May 21.

China's Tencent posts forecast-beating Q1 revenue on gaming growth
China's Tencent posts forecast-beating Q1 revenue on gaming growth
by  AFP

Chinese internet giant Tencent on Wednesday reported a better-than-expected increase in first-quarter revenue, propelled by growth in gaming as the firm's strategic drive into artificial intelligence deepens. In a breakdown of sales, Tencent said that revenue from domestic games increased 24 percent year-on-year, while international games saw a 23 percent rise.