The investment company Blackstone says the Saudi sovereign wealth fund has committed the money to a fund that could spend up to $100 billion on infrastructure.
A political clash of egos half a century ago, arising from an effort to keep fares from going up, helps explain current service woes and questions of accountability.
President Xi Jinping is building his way across continents as American influence recedes.
Innisfil, Ontario, inaugurated what Uber says is a first: a deal with a town to provide subsidized transportation.
While frustrations and delays soar, Governor Cuomo has had little to say about the subway woes, and Mayor de Blasio has been wary of getting involved.
General Electric, Citibank and Honeywell are among companies angling for potentially big business, but foreign firms must contend with Chinese rivals.
In stark contrast to President Trump’s “America First” mantra, the “One Belt, One Road” plan aims to remake global commerce in China’s image.
During the morning rush there were signal problems in Queens, reports of a sick passenger in the Bronx and a train breakdown in Manhattan.
Its businesses and consumers burdened with some of the developed world’s slowest speeds, the country is a cautionary tale about big-money ambitions.
Stocks are up, and employees at a South Carolina plant are confident in the prospect of infrastructure spending and a tough stand on trade.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.