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.
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.
Germany's Siemens and France's Alstom may be on the verge of merging their rail businesses, media reports suggest. It would come at a time when they are facing growing competition from China's state-backed rival CRRC.
French President Emmanuel Macron lays out his ambitious vision for Europe, and shortly afterwards industrial giants Siemens and Alstom announce their merger plan. It's no coincidence, says DW's Andreas Becker.
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