Gem Diamonds Ltd swung to a profit in 2009 as confidence returned to the rough diamond market, and said it saw a further boost to rising prices due to a shortage of supply at the top end of the market.
Plans by Carrefour to open its first cash-and-carry outlets in India are a sign of optimism in the country's $450 billion retail sector, but foreign investors and some officials want more - an easing of the country's tough investment rules.
Hibbett Sports Inc reported quarterly results that sailed past Wall Street estimates as it benefited from strong sales of cold-weather gear and championship victories by football teams in the retailer's key markets.
Europe's retail sector is set for a pick-up in takeover activity, despite a weak consumer outlook, as groups that restructured in the recession turn their focus to growth and confidence returns to private equity firms.
Italian businessman Diego Della Valle increased his stake in Saks Inc with a series of stock purchases this week, strengthening his position as the second-largest investor in the U.S. upscale department store operator.