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Tesla puts pedal to the metal, 500,000 cars planned in 2018

May 5, 2016 by · Leave a Comment 

Tesla Motors Inc said it was stepping up production plans for its upcoming Model 3 mass-market sedan and would build a total of 500,000 all-electric vehicles in 2018, two years ahead of schedule, but warned that spending will ramp up in tandem. The company, which three months ago aimed to make a net profit in the final quarter of this …

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Tesla puts pedal to the metal, 500,000 cars planned in 2018

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China to invest $11.9 billion in aviation infrastructure in 2016: Xinhua

May 5, 2016 by · Leave a Comment 

By Adam Jourdan and Siva Govindasamy SHANGHAI/SINGAPORE (Reuters) – China will invest 77 billion yuan ($11.9 billion) this year in building aviation infrastructure, the official Xinhua news agency reported late on Wednesday, citing the country's civil aviation regulator. The Civil Aviation Administration of China (CAAC) said the investment, which will focus on airports…

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China to invest $11.9 billion in aviation infrastructure in 2016: Xinhua

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Panama Canal expansion exposes U.S. infrastructure, shipper woes

May 5, 2016 by · Leave a Comment 

The Bayonne Bridge outside New York and New Jersey terminals is too low. Delayed port fixes, a freighter glut and a wobbly global economy mean that, in the short term, the benefits of the expanded waterway along

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Panama Canal expansion exposes U.S. infrastructure, shipper woes

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Oil jumps on Canadian wildfire near oil sands fields, Libyan fighting

May 5, 2016 by · Leave a Comment 

Oil prices jumped on Thursday as a huge wildfire in Canada disrupted its oil sands production, while escalating fighting in Libya threatened the North African nation's output. International benchmark Brent crude futures were trading at $45.32 per barrel at 12.40 a.

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Oil jumps on Canadian wildfire near oil sands fields, Libyan fighting

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Asia shares slip for seventh session, bonds well bid

May 5, 2016 by · Leave a Comment 

Asian shares slipped for a seventh straight session on Thursday as mixed economic data did nothing to assuage concerns about global growth, keeping sovereign bonds well supported as a hedge against deflation risks.

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Asia shares slip for seventh session, bonds well bid