Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.
Transportation
Suzuki recalls sedans in U.S. as spider webs block gas vents
Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi mid-size sedans from model years 2010 to 2013, U.S. regulators said on Wednesday.
GM ignition-switch fund receives claims for more than 100 deaths
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.
Australia's Qantas, Virgin allow smartphones throughout flights
Australian airlines Qantas Airways Ltd and Virgin Australia Holdings Ltd said passengers can use smartphones and tablets throughout flights from Tuesday after a regulator relaxed a ban on electronic devices on planes.
BOC Aviation orders Boeing planes worth $8.8 billion
BOC Aviation, the leasing arm of Bank of China(601988.SS), has placed the biggest order in its 20-year history for 80 Boeing (BA.N) medium-haul passenger planes, weeks after lessor SMBC Aviation ordered 115 Airbus jets.
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Commuters faced a day of traffic chaos in London, Berlin, Paris and Madrid on Wednesday as taxi drivers mounted one of the biggest protests against Uber, a U.S. car service which allows people to summon rides at the touch of a button.
Canada, following the lead of the United States and the European Union, on Monday relaxed official restrictions on using mobile devices in flight while maintaining a ban on transmitting information.
Google Inc's self-driving car technology likely will not be available for several more years. But the Internet company is already beginning the job of making the public comfortable with the futuristic vehicles.
Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.
Radio Taxi, aka Taxio, officially launched last night by the State Transport Minister Thiruvanchoor Radhakrishnan in Fort Kochi, India.The 7 member team startup was founded earlier this year in January.
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
New York, US-based taxi service Yellow Cab bought its younger rival Rochester Taxi Co, which is owned by Roba Bati, for an undisclosed amount in a deal that will bring the latter under the Best Ride brand later on.
Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.
After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
