Brazil seeking vehicle for pension funds to invest in projects. BRASILIA, May 21- Brazil is sweetening terms for major infrastructure contracts to whet investor appetite and draw private capital and expertise needed to upgrade its deficient roads, railways and ports, the man in charge of planning the projects said on Tuesday.» Read More
Brazil seeking vehicle for pension funds to invest in projects. BRASILIA, May 21- Brazil is sweetening terms for major infrastructure contracts to whet investor appetite and draw private capital and expertise needed to upgrade its deficient roads, railways and ports, the man in charge of planning the projects said on Tuesday.
After a string of high profile problems, Carnival's issuing its second profit warning in 2 months, reports CNBC's Simon Hobbs.
But he vetoed some sections, including a proposal to spend $81 million planning a replacement bridge that would extend Interstate 5 over the Columbia River.
*Ukraine's potholed roads sign of economic, political woes. KIEV, May 21- As the snow and ice began to melt in Ukraine this spring, exposing fresh cracks and potholes in the roads, hundreds of motorists gathered outside a government building carrying unusual burdens.
The Czech Republic's capital, Prague, has found an unusual way to get people to use public transport: its metro system has launched "love carriages."
WESTPORT, Conn., May 20- Connecticut rail commuters endured crowded and rerouted rides in to work on Monday, as Metro-North worked to repair the busiest U.S. rail line after a two-train collision and derailment injured more than 70 people late last week.
WESTPORT, Conn., May 20- Connecticut commuters endured sluggish train rides, or avoided the hassle on Monday, as Metro-North workers repaired the busiest U.S. rail line after a two-train collision on Friday injured more than 70 people. At the Westport train station on Monday, travelers stood in long lines returning from New York as they waited for shuttle buses.
Road warriors who own a small business have a new way to rack up reward miles under United's new Small Business Network program, a first by any U.S. airline.
Boeing's 787 Dreamliner battery fix includes ventilation in case of a fire, reports CNBC's Phil LeBeau.
After four months of being grounded, Boeing's 787 Dreamliner has finished its first U.S. commercial flight, reports CNBC's Phil LeBeau. Rick Whittington, Drexel Hamilton analyst, discusses the impact on the company's stock.
After four months of being grounded, Boeing's 787 Dreamliners are back in the sky, reports CNBC's Phil LeBeau.
MILFORD, Conn./ NEW YORK, May 20- Thousands of Connecticut commuters faced delays and crowded trains on Monday as Metro-North workers scrambled to repair damage on the United States' busiest rail line, caused by the collision of two trains.
*Paris air show flypast depends on maiden flight. PARIS, May 20- Airbus could steal the Paris air show with a flypast of its newest passenger jet, the A350, as confidence grows over a maiden flight some four weeks away.
SALT LAKE CITY-- Mountain views, faster takeoffs and workout equipment are a few things Salt Lake City officials are considering as they draw up plans for a nearly $2 billion remake of the city's airport. The bulk of the budget for construction comes from fees airlines pay to use the facility and from passengers buying tickets, among a few other sources.
Tim Smith, North Asia CEO of Maersk Line says a reduction in costs helped first-quarter earnings swing back into the black from a loss a year ago. He says new capacity coming into the Chinese market are driving freight rates down.
BRIDGEPORT, Conn., May 19- Thousands of Connecticut commuters should brace for travel chaos on Monday as Metro-North workers repair damage on the United States' busiest rail line caused by the collision of two trains, officials warned on Sunday.
Airline stocks have flown this year -- rising nearly 30 percent. Brian Stutland, Stutland Volatility Group, weighs in.
DES MOINES, Iowa-- A proposal to increase the state fuel tax by 10 cents has resurfaced in the Iowa House. Josh Byrnes, R- Osage, filed an amendment to a bill Thursday that would gradually increase the state fuel tax by 10 cents, though the measure awaits floor debate in the Iowa House.
Philippe Van Den Abeele, managing director at Castalia Fund Management, says it's "extremely tough" for shippers at the moment due to over-supply and the commodity "swing factor".
Nils Smedegaard Andersen, CEO of Moller Maersk, discusses quarterly earnings, global shipping trends, and why companies need to be "careful on ordering".