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| Train companies in line for £400m in subsidies | | Guardian Unlimited - 6 Hours ago | | Under the terms of so-called 'cap and collar' arrangements that kick in about four years into major rail contracts, the Department for Transport (DfT) is obliged to cover the majority of any serious shortfall | | | | Add Comment | | |
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| BA to cut spending by one fifth | | BBC - 8 Hours ago | | The economic downturn has hit demand for air travel British Airways says it has cut its capital spending for the financial year 2009/10 by one fifth as it tackles the economic downturn and less passengers. | | | | Add Comment | | |
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| Will Tax Breaks Boost Jobs? | | BusinessWeek - 7/3/2009 | | With the economy slumping and unemployment approaching 10%, states are kicking corporate tax incentives into overdrive. In the past year they've doled out a record $50 billion to spur job growth. Cash-strapped | | | | Add Comment | | |
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| Poly completes deal for move to infrastructure | | South China Morning Post - 3 Hours ago | | Loss-making Poly Development Holdings plans to raise up to US$700 million to buy infrastructure firm China Infrastructure Industries Corp as it diversifies from trading in commodities and securities. | | | | Add Comment | | |