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Infrastructure Transportation Infrastructure

  • LONDON, Nov 2- UK government measures to tackle air pollution still don't comply with European Union legislation to improve air quality and meet nitrogen dioxide limits, Britain's High Court ruled on Wednesday. The ruling comes a week after Britain gave the green light to build a new $22 billion runway at London's Heathrow Airport, Europe's busiest airport,...

  • A Mitsui OSK Lines (MOL) container ship at a shipping terminal in Tokyo on Oct. 31, 2016. Japan's three biggest shippers agreed to spin off their container operations and merge them to create the world's sixth-largest box carrier as the global container-shipping industry continues to shrink.

    Shippers, long plagued by overcapacity, can only find temporary solace from the consolidation and government-led solutions currently afoot in Asia.

  • Oct 29- An American Airlines jet engine that failed seconds before takeoff in a fiery runway accident at Chicago's O'Hare International Airport flung broken turbine parts as far as half a mile from the scene, a federal investigator said on Saturday. Such engine failures are extremely rare, and National Transportation Safety Board investigators were looking...

  • Oct 29- An American Airlines jet engine that failed seconds before takeoff in a fiery runway accident at Chicago's O'Hare International Airport flung broken turbine parts as far as half a mile from the scene, a federal investigator said on Saturday. Such "uncontained" failures are extremely rare, and National Transportation Safety Board investigators were...

  • CHICAGO, Oct 28- The engine of an American Airlines Group Inc jet caught fire seconds from takeoff at Chicago's O'Hare International Airport on Friday, prompting the crew to abort its departure and evacuate passengers via emergency chutes, authorities said. American Airlines Flight 383, a Boeing Co 767 bound for Miami with 161 passengers and a crew of nine, was...

  • CHICAGO, Oct 28- The engine of an American Airlines jet caught fire as the aircraft was about to depart Chicago's O'Hare International Airport on Friday, prompting the crew to abort takeoff and evacuate passengers via emergency chutes, authorities said. American Airlines Flight 383, a Boeing 767 bound for Miami with 161 passengers and a crew of nine, was headed...

  • CHICAGO, Oct 28- An American Airlines jet caught fire moments before it was due to depart O'Hare International Airport in Chicago on Friday, prompting the crew to abort takeoff and evacuate passengers via emergency chutes, authorities said. The Federal Aviation Administration cited a blown-out tire reported by the flight crew as the plane was rolling down the...

  • CHICAGO, Oct 28- An American Airlines jet caught fire moments before it was due to depart O'Hare International Airport in Chicago on Friday, prompting the pilot to abort takeoff before passengers were evacuated from the plane via emergency chute, authorities said. The Federal Aviation Administration said the plane was on a "takeoff roll on runway 28 R" at O'Hare...

  • VANCOUVER, Oct 27- A container vessel that spent months sitting off Canada's west coast due to the collapse of a major South Korea shipping company is set to dock in Vancouver on Thursday, port and union officials said. The Hanjin Scarlet, with nearly 800 containers on board, has been sitting some 45 km outside of Prince Rupert for several months, said Peter Lahay, an...

  • MEXICO CITY/ MADRID, Oct 25- Tycoon Carlos Slim's construction arm is in talks with his majority-owned construction firm FCC and rival Spanish builder Acciona to jointly bid on a coveted $3.5 billion Mexico City airport terminal project, five people familiar with the matter said. The bid for the terminal, hot on the heels of Carso's runway bid, shows how Slim,...

  • LONDON, Oct 25- Britain on Tuesday backed a $22 billion expansion of Heathrow Airport, ending 25 years of indecision and promising to boost global trade links following the vote to leave the European Union. Heathrow, Europe's busiest airport, defeated a proposal from smaller rival Gatwick and will secure the first new full-length runway to be built near London...

  • LONDON, Oct 25- Britain on Tuesday gave Heathrow Airport the green light to build a new $22 billion runway, ending 25 years of indecision with a plan to boost the country's global trade ambitions following the vote to leave the EU. Heathrow, Europe's busiest airport, had been battling with its smaller rival Gatwick for the right to expand, after successive...

  • The Seven Stars in Kyushu luxury train, operated by Kyushu Railway Co., stops at Hakata Station in Fukuoka, Fukuoka Prefecture, Japan, on Tuesday, Oct. 11, 2016.

    Japan's largest IPO this year, Kyushu Railway, turned out to be just the ticket for yield-starved investors, taking the fast track higher on Tuesday.

  • LONDON, Oct 24- Prime Minister Theresa May is set to end decades of indecision by backing the expansion of Britain and Europe's busiest airport, Heathrow, finally kickstarting a project made more pressing by the vote to leave the EU. May and a small team of ministers will meet on Tuesday to choose between expanding Heathrow, to the west of London, or Gatwick, to the...

  • *Egypt improves airport security to end UK, Russian flight bans. CAIRO, Oct 24- Egypt hopes to encourage tourists from new markets like China, Japan and Ukraine, a year after Russia and Britain suspended flights to the land of the Pyramids, the country's tourism minister said. The attack prompted Russia to halt all flights to Egypt and Britain to suspend flights to...

  • LONDON, Oct 24- British transport minister Chris Grayling will make a statement to parliament about airport expansion in south east England around 1130 GMT on Tuesday, Prime Minister Theresa May's spokeswoman said on Monday.

  • Marc Faber

    Long-depressed commodity prices are set to finally head higher for two reasons, said Marc Faber, the publisher of the Gloom, Boom & Doom report.

  • Commodity prices will strengthen: Marc Faber

    Demand for infrastructure in emerging Asia and fiscal spending in the West will push commodity prices higher, says The Gloom, Boom & Doom Report's Marc Faber.

  • LONDON, Oct 19- The government has not yet made a decision about where to allow airport expansion in southeast England but will do so this month, Prime Minister Theresa May said on Wednesday. It is due to decide between plans for a new runway west of London at Heathrow, the busiest airport in both Britain and Europe, or at Gatwick to the south. An announcement on Tuesday...

  • LONDON, Oct 18- Britain will make a long-awaited decision next week on where to allow airport expansion near London, Prime Minister Theresa May's spokeswoman said on Tuesday, with ministers who oppose it given the rare opportunity to publicly voice their dissent. The government will either support plans for a new runway west of London at Heathrow, the busiest...