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Infrastructure Transportation Infrastructure

  • Tesla's CEO Elon Musk

    Richard LeFrak, The LeFrak Organization, talks about Elon Musk's plans to build a mile of tunnel in California for his transportation project using his own money. And LeFrak shares his thoughts on public-private partnerships.

  • Trump wants projects he can implement immediately: Richard LeFrak

    Richard LeFrak, The LeFrak Organization, talks about President Trump's focus on shovel-ready infrastructure projects.

  • Infrastructure approval process insane:  Richard LeFrak

    Richard LeFrak, The LeFrak Organization, says EPA rules will be respected but the system of going about getting approval for infrastructure improvement is "insane."

  • US 'behind the curve' on infrastructure upgrading: Richard LeFrak

    Richard LeFrak, The LeFrak Organization, says if there ever was a president prepared to fix U.S. infrastructure problems, it's President Trump. He has concrete in his blood, says LeFrak.

  • March 10- Britain's largest listed industrial property developer, Segro plc, said it bought the remaining 50 percent stake in the Airport Property Partnership joint venture from the Aviva Group Entities for 365 million pounds. Segro, which acquired the original stake in 2010, said the deal was funded by 216 million pounds in cash and the disposal of assets,...

  • Nearly all flights were cancelled at Berlin's two airports on Friday due to strike action by ground staff, who want an increase in pay to 12 euros ($12.71) from 11 euros an hour.

  • FRANKFURT, March 10- Nearly all flights were cancelled at Berlin's two airports on Friday due to strike action by ground staff, who want an increase in pay to 12 euros from 11 euros an hour. Berlin Airport, which operates Tegel and Schoenefeld, said 455 flights had been cancelled at Tegel and 204 at Schoenefeld as of 0615 GMT. The industrial action comes as many trade...

  • FRANKFURT, March 10- Nearly all flights were canceled at Berlin's two airports on Friday due to strike action by ground staff, who want an increase in pay to 12 euros from 11 euros an hour. Berlin Airport, which operates Tegel and Schoenefeld, said 455 flights had been canceled at Tegel and 204 at Schoenefeld as of 0615 GMT. The industrial action comes as many trade...

  • BERLIN, March 9- Nearly all flights at Berlin's two airports will be cancelled on Friday, a spokesman said, with ground staff set to start a 25- hour strike in the morning over a pay claim. "Even after the end of the strikes on Saturday, there can be restrictions, cancellations and delays throughout the day," a spokesman for Berlin's airport operator said by email.

  • BERLIN, March 9- Nearly all flights at Berlin's two airports will be canceled on Friday, a spokesman said, with ground staff set to start a 25- hour strike in the morning over a pay claim. "Even after the end of the strikes on Saturday, there can be restrictions, cancellations and delays throughout the day," a spokesman for Berlin's airport operator said by email.

  • Report: $4.6T infrastructure investment needed by 2025

    CNBC's Ylan Mui reports the latest read on the nation's infrastructure from the American Society of Civil Engineers.

  • US cities pose crumbling infrastructure risks

    CNBC's Aditi Roy reports civil engineers are sounding the alarm that thousands of levees across the nation are in dire need of repair and pose a risk of flooding to many farms, real estate and entire cities.

  • White House spokesman Sean Spicer said "strong public-private partnerships" would be key to rebuilding the nation's roads, bridges and airports. The White House sees infrastructure as a potential large job creator but officials have said the federal government cannot shoulder the entire burden. Major real estate and private equity executives attended the...

  • KADUNA, Nigeria, March 8- Workmen were attempting to finish electrical fittings and lay tiles at a new terminal in northern Nigeria's Kaduna airport on Wednesday just hours before it takes over responsibility for handling passengers bound for the capital Abuja. The cutting of direct flights to Abuja, an important business hub as well as Nigeria's political...

  • White House to lay out infrastructure agenda

    CNBC's Ylan Mui reports President Donald Trump is expected to hold a meeting on the nation's infrastructure plan.

  • President Donald Trump sits for an interview in the Oval Office at the White House in Washington, February 23, 2017.

    President Donald Trump plans to meet with a group of infrastructure business leaders at the White House on Wednesday, a person briefed on the meeting said.

  • COLOMBO, March 3- Tourist arrivals in Sri Lanka fell in February for the first time since a nearly three-decade-long civil war ended in May 2009, government data released on Friday showed. Arrivals in February edged down 0.4 percent to 197,517, the first fall since May 2009. Revenue in 2016 hit $3.4 billion, beating the previous record of $2.98 billion posted in...

  • BERLIN, March 1- The local government owner of German airport Hahn has decided to sell the loss-making airport in western Germany to acquisitive Chinese conglomerate HNA, it said on Wednesday. The previous bidder, also from China, had wanted to use Hahn, around 120 kilometres from Frankfurt, as a base for food exports from Germany to Asia, as well as boost passenger...

  • Feb 28- Business groups and unions are bulking up lobbying budgets and coordinating efforts to put pressure on Congress not to let President Donald Trumps infrastructure spending plans fall through the cracks on Capitol Hill. But, he added, a crowded agenda in Congress might be putting a little bit of a reality check on it. Trump promised often during his...

  • Passengers get off trains at Nantong Railway Station on January 23, 2017 in Nantong, Jiangsu Province of China.

    Asia needs to invest $26 trillion by 2030 to resolve a serious infrastructure shortage, the FT reports.