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Owngarden | Moment | Getty ImagesFive years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll on this previously hot real estate sector. Just 27 million square feet of space was absorbed in the first half of this year, with demand falling by 11.3 million in the second quarter alone, the first quarterly drop since 2010, according to a report from NAIOP, a…
This photo shows the venue of the World Smart Industry Expo 2025 in southwest China’s Chongqing, Sept. 4, 2025. (Xinhua/Wang Quanchao)CHONGQING, Sept. 5 (Xinhua) — The World Smart Industry Expo 2025 kicked off on Friday in southwest China’s Chongqing Municipality, bringing together more than 600 domestic and international businesses to showcase innovations across various sectors, including autonomous driving, smart homes and the low-altitude economy.The four-day expo spans an indoor exhibition venue of 130,000 square meters and an outdoor venue of 40,000 square meters, with this year’s focus on the themes “AI+” and “Intelligent Connected New Energy Vehicles.”Journalists and guests watch…
ISLAMABAD: Chief Justice of Pakistan Justice Yahya Afridi on Thursday observed that timely and effective justice is not only a constitutional mandate but also a moral responsibility. The chief justice chaired the sixth interactive progress review session at the Supreme Court of Pakistan. The session brought together senior officials, stakeholders, and officers of the Supreme Court to assess monthly progress under the Reform Action Plan (RAP) and provide strategic guidance on pending initiatives and upcoming milestones. The meeting was attended by the Registrar Supreme Court, IT Adviser Hamayun Zafar, section heads of the Supreme Court, the Senior Director of the…
Powerhouse Australia said it was “up for the challenge” on Friday of winning an unprecedented eighth ICC Women’s Cricket World Cup, naming a star-studded squad to defend their title in India and Sri Lanka. Led by Alyssa Healy, the 15-strong line-up features fellow seasoned campaigners Ellyse Perry, Beth Mooney, Annabel Sutherland, Tahlia McGrath and Ashleigh Gardner. Sophie Molineux makes her return from knee surgery in January, while Darcie Brown (quad) and Georgia Wareham (groin) both brushed off recent niggles to take their places. Molineux is among five Australians who will feature in a 50-over World Cup for the first time,…
Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025.Str | Afp | Getty ImagesThe private market assets platform Yieldstreet struck a deal to recoup some of its legal expenses for an ill-fated series of marine loans — but its customers are less fortunate.Yieldstreet is getting $5 million in a settlement with the borrowers who defaulted on the marine loans, the startup told customers last week in letters obtained by CNBC.But since the company’s recovery cost “well exceeds the entire settlement amount,” it’s unlikely investors will see any repayment, Yieldstreet…
A Long March-3C rocket carrying the Shiyan-29 satellite blasts off from the Xichang Satellite Launch Center in southwest China’s Sichuan Province, Sept. 5, 2025. China on Friday sent a new test satellite into space from the Xichang Satellite Launch Center in the southwestern province of Sichuan. The Shiyan-29 satellite was launched at 10:34 a.m. (Beijing Time) aboard a Long March-3C carrier rocket, with the Yuanzheng-1 (Expedition-1) upper stage attached to the carrier rocket. The satellite successfully reached its preset orbit. (Photo by Wang Yinjie/Xinhua)XICHANG, Sept. 5 (Xinhua) — China on Friday sent a new test satellite into space from the…
LAHORE: The recent floods have not only ravaged farmland but also swept away the lifetime savings of countless families, leaving them with nothing but broken walls, submerged belongings and the burden of unpaid loans. In a private housing society near Mohlanwal, houses once built with hope and joy now stand as abandoned ruins — doors broken, walls collapsed and household items ruined by water. For many residents, the devastation is not limited to property loss; it is also the crushing weight of loans they had taken to build these homes. Basharat Bibi, her eyes teary, recalled how she had completed…
Chinese President Xi Jinping and foreign leaders walk to Tian’anmen Rostrum ahead of a grand gathering to commemorate the 80th anniversary of the victory in the Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War in Beijing, capital of China, Sept. 3, 2025. (Xinhua/Ding Lin)BEIJING, Sept. 5 (Xinhua) — At Beijing’s Tian’anmen Square, Chinese President Xi Jinping, together with world leaders, attended on Wednesday morning a grand military parade honoring both China’s victory and the collective triumph of nations that overcame fascism eighty years ago.Standing on the rostrum of Tian’anmen, Xi delivered a speech marking the…
RAHIM YAR KHAN: Armed dacoits launched a attack late Wednesday night on M-5 Motorway near Bhong Sharif, opening fire on passing vehicles, injuring several people and abducting at least 10 passengers and truck crew members. According to police, a group of heavily armed dacoits ambushed the motorway near Bhong, firing indiscriminately at every vehicle that crossed their path. Multiple cars, two passenger coaches, and several trucks and trailers came under fire. A woman and a child were among four people critically injured and were shifted to Sheikh Zayed Hospital, Rahim Yar Khan. Over a dozen vehicles sustained severe damage, with…
Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday.The proposed compensation plan for Musk, already the world’s wealthiest individual, consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade. It would also give Musk increased voting power over the EV maker and aspiring robotics titan, which he has publicly demanded since early 2024.Tesla Chairwoman Robyn Denholm told CNBC’s Andrew Ross Sorkin the plan was designed to keep the CEO “motivated and focused on delivering for the company.””If he performs,…