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...The cash injection would end uncertainty over whether the high-speed railway line will reach its planned central London terminus at Euston but raise questions about Rishi Sunak’s pledge to shift costs to...
...and its railways....
...of the difficulties associated with the privatisation of the railway industry Evaluate whether the railways should be brought back into public ownership Gavin Clarke, Emmanuel College...
...Buffett has long heaped praise on Apple’s management team and in 2022 he described the company as one of Berkshire’s “four giants”, alongside its insurance operations, the BNSF railroad and its energy and...
...The private sector will continue to play an important role in Labour’s promised state-owned UK railways after the party decided against nationalising the companies that own the thousands of trains that run...
...It noted major cyber attacks by “pro-Russia hacker groups” on railway companies in Latvia, Lithuania, Romania and Estonia....
...Labour has indicated it would set up a similar public body to Great British Railways but would not contract out the running of services to private companies....
...The parent company of Mexican rail company Ferromex, Grupo México, declined to comment....
...When Berkshire bought BNSF in 2010, it was National Indemnity that executed the transaction....
...Ancora’s campaign to rein in costs at the railway operator drew criticism from many industry observers, who warned it could leave railroads under-resourced....
...Take for example the case of Russian Railways, the state-owned transportation company that plays a key role in Russia’s war effort....
...“We have set out a clear plan for the future of our railways and Great British Railways will play a vital role in our plans to use industry expertise to put passengers first and strengthen freight services...
...The strikes affect train companies in England and will hit services that run into Scotland and Wales....
...Yet, few places have mastered the art of managing and modernising their railways. Rail standards vary between countries, and within them....
...Rolling-stock leasing companies, or Roscos — which are owned by financial investors and were set up to supply new trains to the UK railway following privatisation in the 1990s — will remain....
...a railway engineering writer and academic....
...But for some years now JR Central, the company that operates the existing shinkansen line between Tokyo and Osaka, has been looking to best itself with a ¥9tn ($60bn), 500km/h magnetically levitating train...
...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...
...Abel appeared relaxed as he spoke about how the BNSF railroad was performing, how Buffett had approached his investment in Occidental Petroleum, as well as how it was handling litigation over wildfires —...
...Japanese companies did not submit proposals during the expression-of-interest process that ended on January 15....
...“The government decided and the company decided to let cost-plus contracts where 99 per cent of the financial risk is with the government....
...“This is the worst I have seen in my 40 years in the industry,” said David Clarke, technical director at the Railway Industry Association, which represents companies in the supply chain....
...“I cannot accept this railway line being left in this perennial state of chaos.”...
...The works were opened in 1843 by the Great Western Railway to serve as a central repair station for the locomotives on Isambard Kingdom Brunel’s new railway....
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