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  • Dubai- based Emirates Airline will present its response this week in Washington to a dossier compiled by a group of U.S. airlines alleging that Emirates, Etihad Airways and Qatar Airways had received more than $40 billion in state subsidies, giving them an unfair advantage. Delta Air Lines Inc, United and American Airlines have asked the White House to look into...

  • MOSCOW, March 16- Russia's Global Ports will scrap its dividend due to the economic turmoil that has crippled the freight market in Russia, the London- listed ports operator said on Monday. The company fell to a net loss last year as a drop of more than 40 percent in the rouble led to foreign exchange losses on its dollar-denominated debt and squeezed Russia's...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and consider selling additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and look to sell additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Several of those shipments originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal...

  • WASHINGTON, March 13- Rail operators are going to great lengths to prevent oil train derailments but the energy sector must do more to prevent accidents from becoming fiery disasters, the leading U.S. rail regulator said on Friday. Those shipments all originated from North Dakota's Bakken energy fields. Sarah Feinberg, acting head of the Federal Railroad...

  • DETROIT, March 13- Delphi Automotive PLC aims to demonstrate its growing prowess in self-driving cars with what it bills as the "longest automated drive ever attempted in North America"- a 3,500- mile coast-to-coast excursion in a specially rigged Audi SQ5 that will mostly drive itself. Delphi, one of the largest suppliers of automotive electronics and safety...

  • A business in the heartland that's outpacing GDP Friday, 13 Mar 2015 | 12:29 PM ET
    A truck loaded with cargo sets out from Kansas City, Mo.

    With nearly 25 million containers moving via "intermodal" transport each year, it's the fastest-growing part of the freight business.

  • TOKYO, March 13- The president of the World Bank said on Friday he welcomed the setting up of the China-backed Asian Infrastructure Investment Bank, a day after Britain became the first Western nation to embrace the institution. The AIIB was launched in Beijing last year and was seen as a rival to the Western-dominated World and Asian Development Bank.

  • TOKYO, March 13- The president of the World Bank said on Friday he welcomed the setting up of the China-backed Asian Infrastructure Investment Bank, a day after Britain became the first Western nation to embrace the institution. The AIIB was launched in Beijing last year and was seen as a rival to the Western-dominated World and Asian Development Bank.

  • LONDON, March 13- Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation to embrace the China- backed institution, but the United States reacted frostily to the development. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank.

  • OTTAWA, March 12- Canada was unable to reach agreement with the United States on whether to require advanced braking systems in new oil tank cars, so the requirement was dropped from a draft of new Canadian tank-car standards, Transport Minister Lisa Raitt said. "We didn't get an agreement with the United States on that issue." The new tank-car standards are meant to...

  • UPDATE 3-Lufthansa says must keep cutting costs Thursday, 12 Mar 2015 | 9:09 AM ET

    *Expects fuel bill to fall to 6 bln euros from 6.8 bln. FRANKFURT, March 12- Stiff competition from rivals in Europe and the Middle East and falling ticket prices mean Lufthansa must keep cutting costs if it wants to remain a global airline, the German carrier said. Lufthansa is being squeezed by competition from budget carriers on routes within Europe and rivals...

  • Why UTC may spin off Sikorsky copter unit: CEO Thursday, 12 Mar 2015 | 8:48 AM ET
    A Black Hawk S-70i helicopter, manufactured by United Technologies Corp.'s Sikorsky Aircraft unit

    Spinning off Sikorsky from UTC would give shareholders a choice between owning two businesses, CEO Gregory Hayes tells CNBC.

  • VW posts record profit on China sales 'success' Thursday, 12 Mar 2015 | 8:01 AM ET

    Skyrocketing sales in China are helping Germany’s Volkswagen Group steal a lead over its other global rivals, CEO Martin Winterkorn told CNBC.

  • Canada: Even the newest oil tank cars are outdated Wednesday, 11 Mar 2015 | 7:33 PM ET

    The Canadian government unveiled tougher new proposed oil tank car standards.

  • OTTAWA, March 11- Canada proposed tough new oil tank car standards on Wednesday and said even improved tank cars coming into service now would have to be off the rails by 2025 at the latest. The announcement comes after a rash of fiery derailments in Canada and the United States, including some that involved the newer, improved rail cars, and as more oil increasingly...

  • March 11- JetBlue Airways Corp said on Wednesday it expects its first-quarter unit revenue to grow between 3 percent and 4 percent from a year ago, in part due to storms shrinking capacity this winter season. The New York- based carrier's forecast topped those of certain peers, with United Continental Holdings Inc expecting unit revenue down 1 percent to up 1...

  • Massive tanker fire near Detroit shuts down I-94 Wednesday, 11 Mar 2015 | 12:52 PM ET
    Screen image from video showing oil tanker crash near Dearborn, Michigan

    An oil tanker and car crash caused a massive explosion on I-94, shutting down traffic in both directions, Detroit News reported.

  • March 11- U.S. airlines are expected to carry more passengers this spring than they have in seven years, Washington- based trade group Airlines for America said on Wednesday. The group estimates that about 134.8 million passengers will travel on U.S. airlines during March and April, up almost two percent compared to the same time last year. Airlines for America "...

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