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'Like hell': India's burning coalfields
'Like hell': India's burning coalfields
Business and Economy
by  AFP

Deadly fires have raged for a century in mines in India's Jharkhand state, where Savitri Mahto is one of 100,000 people risking their lives shovelling coal to supply insatiable demand. The fires, raging in pockets across opencast mines spread over nearly 300 square kilometres (116 square miles), have burned millions of tonnes of CO2-belching coal, experts say.

Markets extend rally on hopes Fed near end of rate hike cycle
Markets extend rally on hopes Fed near end of rate hike cycle
Business and Economy
by  AFP

Asian traders on Friday welcomed more data showing falling US inflation, giving the Federal Reserve room to bring the curtain down on more than a year of interest rate hikes. US traders pushed the S&P 500 up almost one percent to its highest finish since April last year, while the Nasdaq surged more than one percent as tech firms benefit from a lower rate environment.

PGA Tour, LIV backers drop no-poaching clause from deal
PGA Tour, LIV backers drop no-poaching clause from deal
Business and Economy
by  AFP

The PGA Tour and the Saudi Public Investment Fund have dropped a provision from their framework agreement that barred LIV Golf and the Tour from recruiting each other's players, the PGA Tour confirmed Thursday. The PGA Tour has painted the union as a means of healing the rift in the global game -- and avoiding lengthy and costly litigation.

Strikes end at western Canada ports after deal reached
Strikes end at western Canada ports after deal reached
Business and Economy
by  AFP

A strike which had shut down ports along Canada's west coast, including the country's largest in Vancouver, has ended after 13 days of nationwide economic repercussions, negotiators announced Thursday. The west coast ports combined handled 16 percent of Canada's total traded goods in the year 2020, the BCMEA had said earlier.