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Nepal community fights to save sacred forests from cable cars
Nepal community fights to save sacred forests from cable cars
Business and Economy
by  AFP

They appear tranquil soaring above Himalayan forests, but a string of cable car projects in Nepal have sparked violent protests, with locals saying environmental protection should trump tourism development. Across Nepal, five cable car projects have opened in the past two years -- and 10 more are under development, according to government figures.

Nissan shares jump 11% on reported plan to seek Tesla investment
Nissan shares jump 11% on reported plan to seek Tesla investment
Business and Economy
by  AFP

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker. "The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Foxconn," the Financial Times said. jug-nf-kaf/rsc