Japan: Olympics stadium falls farther behind schedule

As Japan struggles to get its Olympics plans on track, the construction start of its new national stadium has been further delayed to early 2017, officials said on Monday (16 November). The delay to build the centrepiece of the Tokyo 2020 Summer Games comes at a time when Japan has slid back into recession as its fragile economy struggles with declining capital expenditure and sluggish investments. Nov 16, 2015

Blue Moon Diamond sells for world record $48.4m

The rare and flawless Blue Moon Diamond sold for 48.6m Swiss francs (£31.9m, $48.4 million) to a Hong Kong buyer on Wednesday (11 November), setting a world record for a gemstone at auction, Sothebys said. The cushion-shaped diamond, mounted on a ring, has the top grading of fancy vivid blue and weighs 12.03 carats. It had a pre-sale estimate of $35-55m. The previous record was held by the Graff Pink of 24.78 carats, sold by Sothebys for $46.2m in November 2010. Nov 12, 2015