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A staggering $53 million worth of diamonds and other jewels were stolen Sunday from the Carlton Intercontinental Hotel in Cannes, in one of Europe’s biggest jewelry heists in recent years, police said. (July 28)

A flawless diamond has set a world auction record, selling for $26.7m (£17.5m).

The rare Botswana-mined 101-carat diamond was sold at a Christie’s auction in Geneva.

It was bought by the Harry Winston firm and beat the previous record set by the 76-carat Archduke Joseph diamond, which sold for $21 m (£13.8m) in November 2012.

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