Tesla is lining up about $2 billion in loans for Shanghai Gigafactory: analyst report

Source: Shanghai Municipal People’s Government  Shanghai Mayor Ying Yong and Tesla Chairman and CEO Elon Musk pose in from of a plaque for the Tesla (Shanghai) Ltd. Electric Vehicle Development and Innovation Center.   Tesla is lining up about $2 billion (more than 13 billion RMB) from Chinese lenders to build out its massive battery and […]

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Pak airspace to remain closed today; blackout in several cities, administrative emergency in Karachi

All international and domestic flights operations across Pakistan stand suspended on Thursday, country’s Civil Aviation Authority (CAA) has said. Quoting Pakistan’s aviation agency, ARY News also reported that the flight operations would remain shut until further notice. “NOTAM is still in place & airspace over #Pakistan remains closed. Apology for an earlier tweet that indicated […]

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Amid tensions with India, Pakistan suspends Samjhauta Express 

Pakistan Railways said the decision to suspend the train service was taken to avert any untoward incident in light of heightened security concerns. Samjhauta Express was scheduled to depart with 16 passengers from Pakistan at 8am on Thursday. (Representative Image) In the wake of escalating tensions between Islamabad and New Delhi, Pakistan on Thursday suspended […]

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Trump, Lighthizer dispute may result in 'inadequate' and 'weak' US-China trade deal, expert says

With strains showing up in the relationship between the U.S. President Donald Trump and his Trade Representative Robert Lighthizer, one expert has expressed concerns that Trump would settle for an “inadequate” and “weak” deal with China. The comment by Niall Ferguson, senior fellow at the Hoover Institution at Stanford University, came after several public disputes […]

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Death Valley

Until the video claiming credit for killing the 40 Central Reserve Police Force (CRPF) personnel on February 14 afternoon popped up on social media, Adil Ahmad Dar’s family believed their son was a C-category militant. They privately hoped the boy would surrender and serve jail time like his cousin Tauseef Ahmad. There was disbelief and […]

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Caterpillar shares dip after report EU ready to target company if US places tariffs on cars

Caterpillar shares slipped in premarket trading Friday after Bloomberg reported the European Union is preparing to target the U.S. heavy machines builder with tariffs. The stock would later recover most of the losses to open Friday basically unchanged. The E.U.’s move would be in implemented if President Donald Trump goes through with his plan to […]

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Government denies Jamia Millia Islamia’s request to award Shah Rukh Khan an honorary doctorate – Bollywood Hungama

‘); }); Shah Rukh Khan was supposed to receive an honourary doctorate but couldn’t receive it. As per latest reports, Delhi’s Jamia Millia Islamia University wanted to award SRK the honour to their star alumnus for his contribution towards Indian cinema and culture. But, the government has denied the request of the central university. The […]

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This problem is stopping people from landing jobs

SOURCE: Urban Insitute analysis of jobs listings data provided by Snag. Data visualization provided by the Urban Institute. When low-wage workers can’t connect to jobs, families have to deal with persistent unemployment, said Christina Plerhoples Stacy, a senior research associate at the Urban Institute. Local economies suffer, too. “Employers in fast-growing neighborhoods and cities are […]

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