Diamond miner Alrosa's profit down 3% in first quarter

Russia-owned diamond miner Alrosa said Tuesday its first-quarter 2014 net profit had fell 3% to $177 million, year-on-year, due to higher foreign exchange losses. The world's No.1 diamond company by output saw a big jump in revenue: up 43% to $1.6 billion, as a result of higher...