The U.S. Department of Defense shifted $1 billion to plan and build a 57-mile section of "pedestrian fencing", roads and lighting along the border between the United States and Mexico, the Pentagon chief said on Monday.
WASHINGTON, March 22- The chairman of U.S. House Transportation and Infrastructure Committee Peter DeFazio on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the government's aircraft certification program. Federal prosecutors, the Transportation Department's...
A spokesman for Pelosi tells CNBC that the speaker and Trump "briefly spoke about infrastructure" on March 14.
Philippe Le Corre of the Harvard Kennedy School says the concept of China's Belt and Road Initiative is still "fairly vague." He adds that European countries should discuss the idea of reciprocity with Beijing, so that it won't be a "one-way road."
KANSAS CITY, Mo., March 21- Missouri's governor declared a state of emergency on Thursday as floodwaters that left a swath of destruction across Nebraska and Iowa surged downstream, swamping small towns, roads and farmland in the U.S Midwest. Flooding triggered by last week's so-called "bomb cyclone" storm has already inflicted damage estimated at nearly $1.5...
WASHINGTON, March 19- The chairman of the U.S. House Transportation and Infrastructure Committee and another key Democrat asked the Transportation Department's inspector general on Tuesday to examine key decisions made by the Federal Aviation Administration in certifying the Boeing 737 MAX for use. Representatives Peter DeFazio and Rick Larsen said the...
The Permian Basin is booming and pipeline projects are expected to add millions of barrels to supply in the years to come. Couple that with a low-yield world and investors keep heading back to risky oil and gas MLPs for income.
Malta, a country in the Mediterranean that's part of the EU, has indicated there's a possibility that it could join China's Belt and Road infrastructure investment initiative.
WASHINGTON, March 11- The White House on Monday said it wanted Congress to approve legislation to boost U.S. infrastructure by at least $1 trillion, with a "tight time frame" to agree a bill to fund repairs of roads, bridges, airports and other projects. The White House has not yet introduced legislation on infrastructure this year but issued a fact sheet on Monday...
"We would approach this community by community. If you talk to somebody about the water in Flint, Michigan, or a bridge in Erie, Pennsylvania, you can personalize it," said one of the people who has spoken to Biden about infrastructure.
Oil from the hottest US shale play has been caught in a bottleneck due to lack of pipeline capacity, but that's about to change. The new infrastructure will allow more US crude to be unleashed onto the world market.
ROME, March 6- The time is not right for Italy to sign a preliminary deal to become a part of China's giant "Belt and Road" infrastructure plan, Foreign Ministry undersecretary Guglielmo Picchi said on Wednesday. An Italian official said earlier that the government was in talks to sign a memorandum of understanding with China when President Xi Jinping visits the...
The development marks a rare showing of political unity between the notorious political rivals Gov. Andrew Cuomo and NYC Mayor Bill de Blasio, including notable movement on the contentious issue of congestion pricing.
Mark Rathbone of PwC Singapore discusses the sectors and geographies that present opportunities for infrastructure investment.
Mike Kane, CEO of Boral, says the infrastructure boom in Australia will continue to support strong performance of the company's business in the country.
Steve McCann of Lendlease discusses the outlook for the company's core business in Urbanization, following the announcement that the firm's Engineering and Services business will be reported as non-core in its full-year results for 2019 and beyond.
Sultan Al Jaber, CEO of ADNOC, says the company's infrastructure investment deal with BlackRock and KKR is a "step in the right direction," and other similar opportunities will soon be announced.
Daryl Guppy of Guppytraders.com says China's Belt and Road initiative is still "proceeding steadily." He also says Chinese companies are trying to keep a low profile and avoiding foreign expansion after observing the fire that Huawei has come under.
*China bans Australian coal at northern port- Reuters. SYDNEY/ BEIJING, Feb 22- Australia's prime minister sought to ease fears on Friday of a further rift in ties to China following a ban on coal imports at the northern port of Dalian that knocked coal exporters and the local dollar. Dalian's move came after major ports elsewhere in China prolonged clearing times...
*China bans Australian coal at northern port- Reuters. SYDNEY, Feb 22- Australia sought to calm investors on Friday about the state of bilateral ties with China following a ban on coal imports at the northern port of Dalian, as coal stocks fell and the local dollar remained under pressure. Australia has asked its ambassador to China, Jan Adams, to seek urgent...
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