Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The dollar fell on Friday following a speech from Federal Reserve Chair Jerome Powell and after President Donald Trump ordered U.S. companies to find alternatives to their...Currenciesread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
BHUBANESWAR, July 29 (Reuters) - Members of Indian Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) have mounted protests that have paralyzed production at one of India's biggest coalfields following a deadly accident last week.
The BJP workers have been staging sit-down protests and waving flags at state-run Coal India Ltd's mines in the eastern state of Odisha, demanding a safety audit of all mines in the region.
Rescue officials said they have recovered the bodies of three workers who were trapped inside the mine in Odisha's Angul district after a landslide on Tuesday, and are trying to recover another body from inside the mine.
Kalandi Samal, a local BJP leader who is leading the protests, said the demonstrations will continue until authorities ensure safety measures to prevent such tragedies and ensure adequate compensation to the victims.
"We demand specific guidelines on safety audits of mines," Samal said.
Production at Odisha state's Talcher coalfields, which account for at least an eighth of Coal India's annual production, has not resumed after the accident, said Dikken Mehra, a spokesman for Mahanadi Coalfields Ltd, a unit of Coal India.
State-run Coal India has a near monopoly on the coal industry in India, producing more than four-fifths of the country's coal output.
"The forced stoppage of all the mines at Talcher has resulted in a cumulative loss of 842,000 tonnes of coal production," Mehra told Reuters, adding that the company has suffered a loss of about 856.8 million rupees ($12.43 million).
Srinivas Khuntia, a senior leader at BJP-affiliated trade union Bharatiya Mazdoor Sangh, called the protests "unjustified, especially when its own government is in power."
"There is no justification why you would stop all the mining operations," Khuntia told Reuters.
Though deaths at coal mines in India have come down over time, it remains one of the most dangerous countries to be a coal miner, with one worker dying every seven days on average in state-run mines in 2018.
In addition, thousands of workers, including children, have been killed in illegal rat-hole mines that are notorious for their poor safety record, with many accidents going unreported.
"We are in talks with all the stakeholders to resolve the issues as soon as possible," Mehra said, without divulging details on the timeframe for resumption of production.
Coal India is trying to divert supplies from elsewhere to ensure coal availability at utilities and companies that normally rely on the Odisha coalfields.
Those entities include state-owned NTPC Ltd, India's biggest electricity generator, as well as the state-owned National Aluminium Company Ltd (NALCO).
"Production will be affected if the mines remain shut for more days," said Tapan Kumar Chand, chairman of NALCO. ($1 = 68.9480 Indian rupees) (Writing by Sudarshan Varadhan Editing by Martin Howell and Michael Perry)