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  • Why the China-backed AIIB matters Sunday, 28 Jun 2015 | 7:32 PM ET
    57 nations to sign AIIB pact in Beijing

    Kerry Brown, executive director, China Studies Center at the University of Sydney, discusses the significance of the Asian Infrastructure Investment Bank (AIIB).

  • Connecticut Democrats reach deal on budget changes Friday, 26 Jun 2015 | 6:25 PM ET

    Dannel P. Malloy's administration on last-minute changes to the state budget that sparked strong criticism from major employers, including two that threatened to leave Connecticut. Rank-and-file lawmakers are scheduled to return to the Capitol on Monday for a special legislative session to vote on the changes, which House Speaker Brendan Sharkey, D- Hamden,...

  • How to build innovative cities in Asia Friday, 26 Jun 2015 | 12:39 AM ET
    How to build innovative cities in Asia

    In a special "Managing Asia" series starting this week, Christine Tan speaks to influential players from the region about building innovative cities.

  • China to invest $80B in 193 aviation projects Wednesday, 24 Jun 2015 | 10:22 PM ET
    China Airlines plane.

    China will invest 500 billion yuan ($80 billion) in 193 major domestic aviation projects this year, the country's aviation regulator said.

  • Senate approves bill that would create toll for trucks Tuesday, 23 Jun 2015 | 3:54 PM ET

    PROVIDENCE, R.I.— The Rhode Island Senate on Tuesday approved a bill that would create a new toll on large commercial trucks to raise money for repairs to deteriorating bridges. The Senate action followed an endorsement of the proposal earlier Tuesday by the Senate Finance Committee. The Federal Highway Administration knows of only one other highway with...

  • PROVIDENCE, R.I.— Truckers and some Rhode Island businesses that use trucks urged lawmakers Monday to reject a proposal for a new toll on large commercial rigs, while unions and construction workers asked lawmakers to support it. Gina Raimondo proposed tolling the big trucks to pay for a $500 million revenue bond for the state's deteriorating bridges.

  • The fight over transportation funding, and how to distribute an $800 million cut, is one of the largest issues hanging up completion of the two-year state budget in the Republican-controlled Legislature. While both sides agreed that Walker's proposal to borrow $1.3 billion to pay for roads was too much, they disagree on how an $800 million reduction in bonding...

  • Surbana Jurong: Eyeing growth opportunities in Asia Sunday, 21 Jun 2015 | 11:38 PM ET
    Surbana Jurong: Eyeing growth opportunities in Asia

    Liew Mun Leong, chairman of Surbana-Jurong, says the firm is planning to expand its international footprint and capitalize on opportunities in Asia's growing infrastructure sector.

  • Is Philippines losing out due to infrastructure? Sunday, 21 Jun 2015 | 8:40 PM ET
    Is Philippines losing out due to infrastructure?

    In this episode of "Global Opportunities Philippines", CNBC's Pauline Chiou speaks to entrepreneurs who remain upbeat on the Philippines' potential despite lagging tech infrastructure.

  • But the country's top two airports Heathrow and Gatwick are at and near to maximum capacity and losing passengers to booming hubs like Dubai and Amsterdam's Schiphol that can offer more flights to new destinations like China. Now a government-appointed Airports Commission will emerge from three years of consideration to say in the next few weeks whether...

  • MEXICO CITY, June 17- Mexico's Supreme Court on Wednesday ruled in favor of airport operator Grupo Aeroportuario del Pacifico in a four-year dispute with mining and railroad company Grupo Mexico. A source with knowledge of Grupo Mexico's thinking said the decision in favor of GAP was a surprise for the Grupo Mexico and that it would now have no other option but...

  • SACRAMENTO, Calif., June 16- California Governor Jerry Brown and Democratic lawmakers who dominate the state legislature said on Tuesday they had reached a deal on a $115.4 billion budget for the fiscal year starting July 1. The budget includes $1 billion to completely pay off money owed to the state's schools from years of deferring funding during tough...

  • Mayflies overrun Pennsylvania bridge Tuesday, 16 Jun 2015 | 2:40 PM ET
    Mayflies overrun Pennsylvania bridge

    Mayflies have completely overrun a bridge in Wrightsville, Pennsylvania.

  • Spending growth by US states to slow In 2016: Survey Tuesday, 16 Jun 2015 | 7:21 AM ET
    The Casey Overpass undergoes its second day of demolition, on Tuesday, May 19, 2015.

    U.S. states plan to slow spending growth in 2016, taking a cautious approach to forecasting and budgeting amid only modest increases in revenue.

  • Ex-US ambassador: Obama's AIIB strategy was bad Sunday, 14 Jun 2015 | 9:44 PM ET
    Ex-US ambassador: Obama's AIIB strategy was bad

    Curtis Chin, former U.S. Ambassador to the Asian Development Bank from 2007-2010, explains why he agrees with ex-Treasury Secretary Larry Summers that the U.S. should have engaged with the China-backed AIIB.

  • HSBC is betting on China's Pearl River Delta for growth, but the region's patchy development underlines the risks in the bank's Asia "pivot" strategy.

  • LOS ANGELES, June 10- A U.S. government inspection of food service facilities at Los Angeles International Airport found dirty employee bathrooms and food preparation issues, according to documents made public on Wednesday by a union representing airline food workers. The report from a Food and Drug Administration inspection conducted in January was...

  • Europe needs 'massive infrastructure' plan: CEO Wednesday, 10 Jun 2015 | 2:30 AM ET
    Europe needs 'massive infrastructure' plan: CEO

    Olivier Brousse, CEO of John Laing, says growth in Europe is still subdued and the region needs a massive infrastructure plan.

  • Brazil's President Rousseff unveiled a plan to draw $64 billion in private investment to build, upgrade and operate the country's infrastructure.

  • WASHINGTON, June 4- A U.S. Senate panel on Thursday approved the nomination of Peter Neffenger to lead the Transportation Security Administration, days after its acting administrator was reassigned amid reports that airport screeners failed to detect mock weapons in tests. Neffenger's nomination, approved on a voice vote by the Commerce, Science and...