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  • Oct 20- Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy CSX Corp and that the two companies planned no further discussions, sending shares of the No. 3 U.S. railroad operator down more than 3 percent. Neither side had confirmed the talks, initially reported by the Wall Street Journal a week ago. However, analysts had said service problems...

  • Oct 20- Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy No. 3 U.S. railroad operator CSX Corp.. The Wall Street Journal reported last week that Canadian Pacific had approached CSX about merging the two North American railroad operators, but that the offer had been rebuffed. Canadian Pacific said in a statement on Monday that there were no...

  • The $40 bln jet buying spree - IndiGo's big bet Sunday, 19 Oct 2014 | 6:06 AM ET

    *Size signals confidence India air travel to boom. *IndiGo is India's only profitable carrier. NEW DELHI/ PARIS, Oct 19- Almost four years ago a handful of people gathered in Airbus sales chief John Leahy's spacious country house outside Toulouse and argued long into the evening over curry and cigars.

  • Honeywell International's aerospace revenue beat some analysts' forecasts, while the division's profit margins improved. "The aerospace segment is the place to be in industrial," said Charlie Smith, chief investment officer of Fort Pitt Capital, which holds Honeywell and GE shares. Friday's results could bode well for other diverse manufacturers with...

  • Oct 17- Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Kansas City Southern operates on a unique, north-south route in central United States and derives half of its annual revenue from cross-border business with Mexico. Exports from the United States to Mexico rose...

  • Oct 17- Railroad operator Kansas City Southern's quarterly revenue and profit increased on a jump in grain and automotive shipments. Net income available to common stockholders jumped to $138 million, or $1.25 per share, in the third quarter ended Sept. 30, from $118.3 million, or $1.07 per share, a year earlier. Excluding items, the company earned $1.29 per share.

  • NEWCASTLE, Australia, Oct 17- Hundreds of protesters on Friday joined environmental activists from a dozen South Pacific countries attempting to halt shipping at the world's largest coal export terminal in eastern Australia by forming a blockade with canoes, surfboards and kayaks. Nonetheless, organisers from the 350. Org environmental group said it...

  • Oct 16- Delta Air Lines said Ebola fears have not hurt the carrier's bookings, forecasting strong current-quarter margins as it ramps up capacity in the Americas and trims growth on transatlantic and Pacific routes. Many of the capacity changes will begin this winter, after Delta has already reduced seats serving Moscow, Tel Aviv and Ebola-ravaged West Africa...

  • WHITE HOUSE SAYS IT IS STILL OPPOSED TO A BAN ON TRAVEL FROM WEST AFRICA, WANTS TO KEEP TRANSPORTATION LINES OPEN.

  • Oct 16- Delta Air Lines said on Thursday that it expected strong margins in the fourth quarter despite widespread concern that the spread of Ebola could curb travel, and its shares rose nearly 2 percent. Delta's outlook "suggests a relatively strong domestic revenue environment is more than offsetting weakening trends in markets," Deutsche Bank analyst...

  • NEW YORK, Oct 16- Frontier Airlines said six crew members were placed on paid leave for 21 days "out of an abundance of caution," after learning that a nurse who had treated an Ebola victim may have been symptomatic when she flew on the airline earlier this week. The leave affects two pilots and four flight attendants aboard flight 1143 from Cleveland to Dallas/Fort...

  • Oct 16- Delta Air Lines Inc's quarterly profit slumped 74 percent as higher operating expenses did not allow the U.S. airline to take advantage of strong business and leisure travel. The Atlanta- based airline also booked a $134 million loss on extinguishment of debt and set aside $222 million as income tax provision. Net income dropped to $357 million, or 42 cents...

  • *Provisional deal is Airbus's largest by number of planes. NEW DELHI/ PARIS, Oct 15- Indian budget airline IndiGo handed Airbus its biggest ever potential plane order on Wednesday-- but shares in the planemaker slid on fears that the global economic engine underpinning recent jet demand is stalling. But while then, shares in the Airbus parent group jumped 6 percent...

  • Shares of Delta, American Airlines and United Airlines have dropped more than 18 percent on average in the last month on fears that people will cut travel to reduce the chance of catching Ebola. Buying American Airlines shares now almost guarantees gains, according to a JPMorgan report by analyst Jamie Baker published Tuesday. When shares of Continental...

  • PARIS/ NEW YORK, Oct 15- Airbus has won permission for its twin-engined A350 to fly more than six hours on one engine in the event of a breakdown, a key approval that allows its new long-haul jet to fly almost any passenger route. The European Aviation Safety Agency granted the Airbus jet Extended Operations, known as ETOPS, of "beyond 180 minutes," but will allow pilots...

  • Floating storage at sea stalls despite falling oil prices Wednesday, 15 Oct 2014 | 10:20 AM ET

    *Falling oil prices still to attract large scale storage at sea. *Oil tanker rates gaining ground after years in doldrums. LONDON, Oct 15- Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for now.

  • KUALA LUMPUR, Oct 15- Malaysian Airline System Bhd, the loss-making airline hit by two separate jet disasters this year, said on Wednesday the buyout offer from its major shareholder is fair and minority shareholders should accept the offer. MAS's directors recommended the move after its audit committee, under the advice of independent adviser AmInvestment...

  • *Order would be Airbus's largest by number of planes. NEW DELHI/ PARIS, Oct 15- Indian budget airline IndiGo has agreed to buy 250 A320 planes from Airbus, a purchase that could be worth nearly $26 billion and rank as the largest single order of jets from the European planemaker. India's biggest airline is expanding aggressively as it seeks to win more market share in...

  • COPENHAGEN, Oct 15- Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said. The current secretary general of the IMO, Koji Sekimizu, is due to step down at the end of next year, and...

  • COPENHAGEN, Oct 15- Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said. The current secretary general of the IMO, Koji Sekimizu, is due to step down at the end of next year, and...

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