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At least 17 miners were killed and 16 more were missing and feared dead in eastern Ukraine after a blast on Wednesday at an accident-prone coal mine in the rebel-held city of Donetsk. "The fate of 16 other miners is still unknown," spokeswoman of the rebel emergency ministry in Donetsk Yuliana Bedylo told AFP. The head of the rebel Donetsk People's Republic administration, Maksim Leshchenko, told reporters that 197 workers, out of 230 in the mine when the explosion occurred shortly before 0400 GMT, had been rescued alive. Emergency workers were forced to call off the rescue operation late Wednesday due to the threat posed by the high methane levels, Mykhaylo Volynets of the Ukrainian Independent Miners Union said.
ING, the Netherlands' largest bank, announced Wednesday it has sold its remaining stake in US insurance company Voya for $2 million (1.8 billion euros), closing out its US activities in the sector. Following a public offering announced late Tuesday, ING said it sold the last tranche of 32 million shares it held in Voya for $44.20 per title, garnering $285 million in profits on the $2 billion sale price. "This sale completes the divestment of ING’s US-based retirement, investment and insurance business," an ING statement said of the exit from Voya that began with an initial public offering in May 2013.