The market for high speed trains is growing fast – thanks to high demand in emerging economies like India. But a bigger market also means growing competition. Even industry leaders such as German high tech giant Siemens must step it up a notch.
German authorities have asked for help finding three men who used an air rifle to shoot at a high-speed passenger train near Frankfurt. Several of the train's windows were damaged, but no one was injured.
'Anne Frank' as the name for one of Germany’s new high-speed trains has been decried by the Jewish diarist’s Amsterdam museum. It says it would evoke painful memories of Nazi wartime deportations and mass murder.
The German engineering giant has revealed the scale of difficulties faced by its power and gas unit, where profits fell 40 percent in Q4. Up to 6,000 job losses have been announced at its wind turbine business.
German industrial giant Siemens has signed a deal to merge its railway operations with French competitor Alstom. The firms aim to establish a viable challenger to take on China's state-owned CRRC.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version