George Osborne, U.K. finance minister, announces spending cuts to the government's transportation department, but will invest in new roads and railways.» Read More
Chinese rail companies that have built more than 10,000 miles of track lines domestically now want to expand into infrastructure developments overseas. CNBC's Eunice Yoon has more.
Ahead of his maiden U.S. trip, Indonesia's President Jokowi says that while his first year has been rocky, he's still forging ahead with reform plans.
Paul Dorfman, senior research assiocate at the Energy Institute in University College London, criticises the plans for a new U.K. nuclear power station because it could be too expensive and take too long to build.
Neil Dwane, chief investment officer for equities for Europe at Allianz Global Investors, suggests pension funds and the insurance industry should be used to finance infrastructure projects, rather than China.
One key group of Americans is creating unsafe conditions on America's roads, according to a new report.
SYDNEY, Oct 15- Australia's competition regulator said a proposed A $8.9 billion takeover by Canada's Brookfield Asset Management of local port and rail freight firm Asciano Ltd may hurt competition for other coal haulage operators. The statement suggests that, while Brookfield and Asciano may be required to make changes to the deal or give regulatory...
Despite low oil prices, Tesoro and partner Savage, a privately held logistics company, have been very busy building out their crude-by-rail infrastructure, reports CNBC's Morgan Brennan live at the Port of Vancouver.
Oct 13- Indiana Governor Mike Pence on Tuesday announced a $1 billion, partly bond-funded, four-year plan to fix roads and bridges. Pence said he will ask the legislature to approve $150 million a year in additional funding for roads and bridges in fiscal 2018, 2019 and 2020, while tapping $241 million from Indiana's $2 billion budget reserve projected at the...
TORONTO, Oct 9- A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada's Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent railway at the heart of the disaster. Forty-seven people were killed on July 6, 2013, when a Montreal, Maine& Atlantic railway train carrying Bakken oil...
Building walls has long been the process for keeping others out. Do they really work as instruments of border control in the 21st century?
Both cities boast enviable transport systems and low crime rates, but expensive real estate. So given the choice, which would you choose as home?
"The Martian" star Matt Damon says he hopes the movie will get people excited about space travel again.
Stretching almost a quarter of a mile across a nearly 600-foot deep chasm in China's Hunan province, is Haohan Qiao, a glass-bottomed bridge.
The bill, introduced by lawmakers on the House Transportation and Infrastructure Committee, could avert a threatened service suspension by major railroads that cannot meet the current Dec. 31 deadline, which Congress imposed in 2008, for implementing positive train control technology. The proposed legislation would extend this year's deadline to Dec. 31,...
WASHINGTON, Sept 30- U.S. lawmakers, under mounting pressure from the railroad industry, announced bipartisan legislation on Wednesday to extend a Dec. 31 deadline for costly new safety technology for at least another three years. The bill, introduced by Republicans and Democrats on the House Transportation and Infrastructure Committee, could avert a...
WASHINGTON, Sept 30- Lawmakers in the U.S. House of Representatives announced bipartisan legislation on Wednesday to extend the Dec. 31 deadline for railroads to implement advanced safety technology for three years to the end of 2018..
John Keung, CEO of Building and Construction Authority (BCA), says nearly 30 percent of the buildings in Singapore are green buildings which provide better indoor environments.
Paul Pong, managing director of Pegasus Fund Managers, likes military stocks because China will likely increase its military budget. He also thinks the 'One belt, one road' initiative will lift sectors such as infrastructure.
European nations are convinced that the Asian Infrastructure Investment Bank (AIIB) will be a "first-class multilateral institution with 21st century governance," says Jin Liqun, President-Designate of AIIB.
How bad is the US infrastructure system? Well, it ranks behind Germany, Japan and even this tiny country, says Doug Oberhelman.