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...The fund is pushing for the railway company to reduce its stake in Oriental Land and use the proceeds from the sale to focus on the core business of running and modernising its railway, according to people...
...But they added that would be “another downgrade” for the line and turn it into a glorified commuter railway....
...The Chinese bid was 46.7 per cent below the cost estimated by the Bulgarian railways and 47.5 per cent below the price offered by the nearest competitor....
...BYD’s expected site at Szeged is close to the Belgrade-Budapest railway line that is under construction by a mixture of Chinese and local firms....
...The parent company of Mexican rail company Ferromex, Grupo México, declined to comment....
...Japanese companies did not submit proposals during the expression-of-interest process that ended on January 15....
...a railway engineering writer and academic....
...This is not because companies do not need new trains....
...Buffett’s sprawling conglomerate, which owns the BNSF railroad and Geico insurer, first invested in the iPhone maker in 2016 at the direction of one of his two investment deputies: Todd Combs and Ted Weschler...
...“The government decided and the company decided to let cost-plus contracts where 99 per cent of the financial risk is with the government....
...BNSF also reported lower rail shipment volumes....
...Britain’s new HS2 high-speed railway line offers “very poor value” for money and neither its managers nor the government are able to explain its benefits, a cross-party committee of MPs has warned....
...The company was “still convinced that the logistical optimisation of the factory would be a big win for the community”, adding it would “agree on further steps together with all those concerned, on the basis...
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...“Work continues to fully inspect and reopen the railway,” he said on social media platform X....
...his annual letter on Saturday that there were very few deals that offer the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity or the BNSF...
...“Changed working patterns after the pandemic means that our railways are still losing money and require significant subsidies, so this rise strikes a balance to keep our railways running, while not overburdening...
...Labour has vowed to nationalise the railway system if it wins this year’s general election by bringing operators into public ownership as contracts expire....
...Twelve mainly Mexican companies participated in the industrial park auctions, with 30 bids across five sites....
...The head of the UK’s largest rail operator FirstGroup has warned that the prospect of a Labour government poses a “risk” to the company because of its commitment to renationalise the railways....
...The threat of government competition has long hung over Trainline, which takes a commission on ticket sales but draws on the same open-access database as the booking apps of other railway companies....
...Labour has promised to nationalise the railways should it win the next general election but only through a gradual process as existing franchises come to an end....
...Whelan said he had not met train companies since April, or the government, which controls the industry’s finances, since January....
...There were, he said, few deals that offered the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity or the BNSF railroad....
...Avanti West Coast, East Midlands Railway and West Midlands Trains on Saturday, February 3. Chiltern, CrossCountry and GWR on Monday, February 5....
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