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Infrastructure

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  • What's on the agenda at the G-20 Summit  Thursday, 13 Nov 2014 | 6:39 PM ET

    The promotion of global growth, along with an infrastructure initiative, will be top priorities at the G-20 Summit, says Steve Ciobo Parliamentary Secretary to the Treasurer, Australia.

  • Why you can’t believe all the bad stuff about China Wednesday, 12 Nov 2014 | 5:45 PM ET
    Construction in the inner Mongolian city of Ordos.

    China's economic risks may keep market watchers up at night, but at least one analyst believes the bugbears are reasons to be bullish.

  • Drill, baby—or don't. Future may bring fewer rigs Tuesday, 11 Nov 2014 | 11:45 AM ET
    An oil-drilling rig operates on Sept. 26, 2014 near Walle, Germany.

    Some big energy companies are showing signs of pulling back on capital expenditures, according to a report in Oilprice.com.

  • Santelli Exchange: Infrastructure myths  Monday, 10 Nov 2014 | 10:44 AM ET

    CNBC's Rick Santelli and David Stockman, former OMB Director under President Reagan, discuss the truth behind infrastructure spending.

  • NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...

  • Google slashes cloud platform prices ... again Tuesday, 4 Nov 2014 | 2:40 PM ET
    Urs Holzle, Senior Vice President for Technical Infrastructure at Google, speaks on the Google Cloud Platform during the Google I/O Developers Conference on June 25, 2014 in San Francisco.

    Google unveiled a slew of new cloud features on Tuesday and announced a new round of price cuts for some of its corporate cloud services.

  • The Middle Eastern nation whose economy is zooming Friday, 31 Oct 2014 | 12:10 PM ET
    Egyptian women are seen as they buy vegetables in an open-air marketplace in Cairo, Egypt on September 23, 2014.

    A year after violence crushed Egypt, a different picture is emerging as investment is flowing into the country again and GDP may be back on track.

  • SAN JUAN, Oct 30- Puerto Rico will begin overhauling its tax system and financially shoring up its highways and transportation authority in coming months, commonwealth officials said on Thursday, as the commonwealth fights to gain budget stability. Under the reforms, which were designed in consultation with KPMG at a cost of $4.7 million, Puerto Rico would...

  • The need for an Asian Infrastructure Investment Bank  Monday, 20 Oct 2014 | 11:13 PM ET

    Sri Mulyani Indrawati, Managing Director and Chief Operating Officer at the World Bank, explains why Asia is in dire need of infrastructure investment.

  • Time to invest in infrastructure: Wesley Clark Wednesday, 15 Oct 2014 | 10:18 AM ET
    Wesley Clark

    There's a lot of money sitting on the sidelines of the global economy. Let's put it to work to benefit all, says Ret. Gen. Wesley Clark.

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. The Wall Street Journal reported on Sunday that the No. 2 Canadian railroad made a bid last week for Jacksonville,...

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. The Wall Street Journal reported on Sunday that the No. 2 Canadian railroad made a bid last week for Jacksonville,...

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. According to the report in the Wall Street Journal late on Sunday, the No. 2 Canadian railroad made a bid last week for...

  • *United States, Germany lack political will to spend. In the United States, an Obama administration proposal to overhaul roads and bridges is stymied in Congress, evidence of the difficulty even wealthy nations may face in deciding between higher debt today and future productivity. Canadian Finance Minister Joe Oliver, speaking to reporters on the sidelines...

  • The tie-up was approved after four out of five commissioners at the Federal Maritime Commission voted not to seek further information from the two shippers about the impact of the alliance on exporters and ports. The U.S. approval will come into force on Saturday, Richard Lidinisky Jr, Federal Maritime Commission commissioner, told Reuters.

  • DALLAS, Oct 8- The first person diagnosed with Ebola in the United States died on Wednesday and the government ordered five airports screen passengers from West Africa for fever, underscoring concerns about U.S. treatment and preparedness for the virus. The administration of President Barack Obama has been under pressure from lawmakers to enhance screening...

  • *Financing fraud at Qingdao port delaying expected nickel deficit. *China exports more than 50,000 T nickel in June-Aug. SYDNEY, Oct 3- A commodity fraud at China's Qingdao port has hit bank financing of metal deals, sparking a surprise jump in nickel exports and pushing back expectations of a global supply shortage of the metal used mainly in stainless steel.

  • Montclair, N.J., Sept 24- The New York City suburb of Montclair, New Jersey, may be picturesque, but its roads are a mess. Just paving them would cost $9 million, not including curbs and other features, Montclair Mayor Robert Jackson told state lawmakers on Wednesday.

  • GE: Optimistic about growth in the US, China  Thursday, 18 Sep 2014 | 8:12 PM ET

    John Rice, Vice Chairman of General Electric, expects the U.S. recovery to fuel global demand for infrastructure. He is also confident that China can achieve 7.5 percent growth this year.

  • NEW YORK, Sept 16- The U.S. federal government has rejected most of a $511 million loan request for the renewal of New York state's Tappan Zee Bridge, dealing a blow to one of governor Andrew Cuomo's most prominent infrastructure projects just weeks ahead of state elections.