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Transportation Infrastructure


  • India infrastructure push finally gets off the ground Tuesday, 24 Nov 2015 | 12:39 AM ET
    Mumbai, India

    Infrastructure power players - GV Sanjay Reddy of GVK and Hindustan's Ajit Gulabchand - say India's PPP problems are being solved.

  • Solving India's infrastructure deficit Monday, 23 Nov 2015 | 5:19 PM ET
    Solving India's infrastructure deficit

    India is suffering from a huge infrastructure deficit that is hurting its ability to attract businesses and capital. CNBC's Martin Soong reports from Mumbai.

  • Chinese dredging vessels are purportedly seen in the waters around Mischief Reef in the disputed Spratly Islands in the South China Sea in this still image from video taken by a P-8A Poseidon surveillance aircraft provided by the United States Navy May 21, 2015.

    China said it would continue to build military and civilian facilities on its artificial islands in the disputed South China Sea.

  • The Port Authority was the right agency because of its strength in engineering and project management. " Top Port Authority officials said this week they are confident they can oversee the construction of the tunnel, part of what's being called the Gateway project, even as other large projects face delays and overruns and as the agency remains a focus of...

  • UPDATE 1-FAA task force to recommend drone registry Friday, 20 Nov 2015 | 1:58 PM ET

    WASHINGTON, Nov 20- A Federal Aviation. Registration is one of several steps the FAA and other government agencies are considering to address a disturbing rise in reckless drone use this year, including near-misses with commercial airliners near airports. "On Saturday, the task force will deliver its report to the Federal Aviation Administration," FAA...

  • SET CFO: These factors are driving a recovery in Thailand

    Pakorn Peetathawatchai, chief strategy and finance officer of the Stock Exchange of Thailand, identifies fundamental factors that are underpinning a strengthening Thai economy.

  • At the same time, current Port Authority Executive Director Patrick Foye, who has steered the powerful bistate agency through a rocky four years, announced he was taking his name out of consideration for the new position. The news came as the Port Authority— already overseeing billions of dollars in infrastructure projects including the World Trade Center...

  • Why is India's infrastruction sector struggling with debt?

    Sunil Kakar, group CFO at the Infrastructure Development Finance Company, says India's power generation firms in particular are seeing high leverage levels because of cash flow issues.

  • NEW YORK— A stronger economy and lower gas prices mean Thanksgiving travelers can expect more congested highways this year. AAA says the average retail price for gasoline is now $2.15 per gallon, 74 cents cheaper than the same time last year. Airfare is basically flat compared to last year, with a mere 0.3 percent or 69 cent average increase, according to the...

  • TPP will standardize global trade: FedEx Monday, 16 Nov 2015 | 8:33 PM ET
    TPP will standardize global trade: FedEx

    David Cunningham, EVP and COO of FedEx Express, says the Trans-Pacific Partnership deal will help to ease the flow of global trade.


  • SYDNEY, Nov 10- The battle for Australian stevedoring and rail giant Asciano Ltd escalated on Tuesday after ports firm Qube Holdings Ltd made a $6.3 billion offer that narrowly beats a rival bid and is expected to draw less concern from antitrust regulators. Qube, led by Chris Corrigan who ran Asciano's port unit for 16 years, made an informal cash and scrip offer...

  • LOS ANGELES, Nov 7- Nighttime flights into and out of Los Angeles International Airport will avoid passing over the Pacific Ocean just to the west of the airport for the coming week because the U.S. military has activated airspace there, officials said. But the FAA has indicated that military airspace over that patch of ocean was activated beginning on Friday...

  • WASHINGTON, Nov 5- The U.S. House of Representatives on Thursday voted to pass a multi-year transportation funding bill that also renews the Export-Import Bank's charter, but final provisions of the measure will be subject to negotiations with the Senate. The bill authorizes federal spending on road, bridge and rail transit infrastructure projects for six...

  • Iron ore prices will likely rebound: Investor Monday, 2 Nov 2015 | 12:23 AM ET
    Iron ore prices will likely rebound: Investor

    Jonathan Barratt, CIO at Ayers Alliance Securities, discusses the outlook for the key steel-making ingredient as China's economy expands.

  • Islamic State risk for Libya's troubled oil sector Wednesday, 28 Oct 2015 | 3:00 AM ET

    TRIPOLI, Oct 28- When Islamic State militants attacked a perimeter gate guarding Libya's Es Sider oil terminal this month, they sent gunmen to kill guards before attempting to detonate a car bomb in a bid to breach the port's defenses. The assault failed to get closer than a mile from one of Libya's major oil ports, but it signaled Islamic State's intent to expand...

  • House passes bill extending train safety deadline Tuesday, 27 Oct 2015 | 2:21 PM ET
    House passes bill extending train safety deadline

    The House of Representatives has passed a transportation bill which gives the railroad industry relief, reports CNBC's Hampton Pearson.

  • WASHINGTON, Oct 27- The U.S. House of Representatives on Tuesday approved a bill to keep federal funds flowing to road and bridge construction projects into late November, while also extending a key rail safety deadline to the end of 2018.. The newly approved measure now heads to the Senate. Some have demanded that Congress act by the end of October.

  • Indonesian tech leaders court Silicon Valley Monday, 26 Oct 2015 | 6:35 PM ET
    Indonesian tech leaders court Silicon Valley

    Silicon Valley is not aware how attractive Indonesia's tech environment is, says Naveen Menon, partner and Asia Pacific head of communications in media and technology practice at A.T. Kearney.

  • 'Indonesia is undeniably behind the curve' Thursday, 22 Oct 2015 | 9:42 PM ET
    'Indonesia is undeniably behind the curve'

    Tom Lembong, Indonesia's trade minister, says the country needs to work on policy coherence and consistency to remain trade-competitive.