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News Articles (2210)

The Rise of the Smart City

April 21, 2017 By: Michael Totty (The Wall Street Journal) Cities have a way to go before they can be considered geniuses. But they're getting smart pretty fast.In just the past few years, mayors and other officials in cities across the country have begun to draw on the reams of data at their disposal—about income, burglaries, traffic, fires, illnesses, parking citations…
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The World Bank's new CEO Kristalina Georgieva lays out her vision for an agile bank

April 21, 2017 By: Sophie Edwards (Devex)  As the World Bank's first ever chief executive officer, Kristalina Georgieva aims to guide the institution through a culture shift to become more agile, collaborative and effective, she told Devex in an exclusive interview. The new CEO has already taken on the institution's legendary bureaucracy by cutting the frequency of regular meetings in…
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Atlantia Interested in Deal With Spanish Toll-Road Rival Abertis

April 21, 2017 By: Tommaso Ebhardt, Dinesh Nair, Rodrigo Orihuela, and Manuel Baigorri (Bloomberg) The Benetton family is exploring a tie up of its infrastructure company with a Spanish rival as the highway operator looks for ways to cut reliance on its Italian home market.Atlantia SpA expressed a "very preliminary and generic interest" in common projects with Spain's Abertis Infraestructuras SA,…
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SNC-Lavalin seals $3.6-billion deal for WS Atkins with Caisse backing

April 21, 2017 By: Nicholas Van Praet (The Globe and Mail) SNC-Lavalin Group Inc. is buying British-based WS Atkins PLC in a deal worth $3.6-billion, the biggest ever takeover for the Canadian company it pushes into the top tier of engineering firms worldwide. Montreal-based SNC-Lavalin announced Thursday after markets closed that it struck an agreement to buy Atkins, a multinational engineering…
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Hyperloop One Taps the Brakes on Testing

April 21, 2017 By Georgia Wells and Eliot Brown (The Wall Street Journal)  The self-proclaimed transportation of the future is running late, short and slow.Hyperloop One Inc. is delaying and scaling back the first full test of its prototype of trainlike pods that whisk through low-pressure tubes. The company has touted the event as a historic milestone that would showcase…
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Federal Regulators Approve Georgia-Virginia Ports Agreement

April 21, 2017 By Erica E. Phillips (The Wall Street Journal) Federal regulators have given the green light to the port authorities of Georgia and Virginia to discuss coordinating their operations, the ports said Monday.The agreement marks the latest in a trend toward increased collaboration among U.S. ports, which face mounting consolidation among their customers, global shipping lines. The world's top…
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New Canadian infrastructure bank would be allowed to invest in cross-border projects

April 21, 2017 (The Financial Post)A new federal agency designed to fuse public and private dollars to help build infrastructure in Canada could end up building new roads and bridges south of the border — so long as they connect to the Great White North. The legislation for the Liberal government's proposed infrastructure bank would allow the arm's-length organization to…
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Wind power to fuel Sound Transit light-rail trains

April 21, 2017 By: Mike Lindblom (The Seattle Times)Sound Transit will buy 10 years of wind power to replace a dirtier mix of electricity where its trains run in SeaTac, the agency announced Tuesday. The supply for light rail, along with Angle Lake and Sea-Tac/Airport stations, currently comes from Puget Sound Energy, where coal and natural gas together provide 59…
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Australia's Biggest Pension Fund Eyes U.S. Infrastructure

April 14, 2017 By: Emily Cadman and Ruth Liew (Bloomberg) President Donald Trump's plan to fix America's crumbling infrastructure with $1 trillion of private and public investment over a decade is drawing interest from 10,000 miles away. AustralianSuper Pty, Australia's biggest pension fund with over A$100 billion ($75 billion) in assets, is eyeing the U.S. market for infrastructure debt and…
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