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.
There was a time when "space" meant "space race." And that time was during the Cold War. Now, space is a race to collaborate — and not just with the usual suspects, but with new players like China, India or South Africa.
Germany's highly celebrated new high-speed rail link between Berlin and Munich ran into trouble on its first day. An ICE train was plagued with technical difficulties and delays on the trip back to Bavaria.
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.
Europe's rail giants have joined forces with a Malaysian firm to bid for a train project connecting Malaysia and Singapore. Together, they want to take on Asian rivals like China's state-owned CRRC.
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