Hints and tips:
...The favoured bidder in an estimated €610mn contract for 20 electric trains is CRRC Qingdao Sifang Locomotive, a subsidiary of CRRC, the world’s largest train manufacturer....
...The government is discussing allowing businesses to run their own leased locomotives on Transnet rail. The third bit of encouraging news was last month’s budget....
...John Graham Lough’s 1862 heroising monument to civil engineer George Stephenson, who opened his pioneering locomotive works here in 1823, is just outside....
...In 2014, CSR, the world’s dominant Bluetooth supplier, was bought by US chipmaker Qualcomm for £1.56bn....
...The UK boasts a number of prominent companies in the field, including Arm, which chipmaker Nvidia acquired last year, CSR and Wolfson Micro....
...Trains already cross North American borders but long hauls often require switching locomotives and crews between railroads....
...The incident was one of four “outages”, which BHP revealed last month cost the company about $835m....
...The Australian Transport Safety Bureau said the train, consisting of four locomotives and 268 wagons, had travelled for almost 100km without a driver before it was finally brought to a halt....
...The Anglo-Australian company said the train — comprising four locomotives and 268 wagons loaded with iron ore — had stopped on its journey to Port Hedland after the braking system control cable became disconnected...
...M&S, with a lower market capitalisation than Ocado, could neither afford the whole company, nor even want to own what is increasingly a technology provider....
...for European companies to China....
...People wave from bridges and gardens as the locomotives pass by....
...The Hong Kong-listed locomotives manufacturer’s shares were down more than 7.2 per cent to HK$44.30 at the lunch break on Monday....
...The Hang Seng China Enterprises Index of Hong Kong-listed large-cap Chinese companies was 0.5 per cent lower on Monday....
...The disastrous Autonomy sale in 2011 was followed by deals for Cambridge neighbours Domino and CSR in 2015, and last year’s £24bn purchase of chip designer Arm Holdings....
...The £550m deal marks the last of Britain’s “big four” hardware companies — Arm Holdings, Imagination, CSR and Wolfson Microelectronics — to be sold off to a foreign buyer....
...CRRC was created in June 2015 through a merger of two state-owned peers, CSR and CNR, with the goal of creating a synergy of “one plus one equals more than two”....
...Imagination was the last sizeable British chip company left standing after the £24bn sale of Arm to SoftBank last year. CSR, the Bluetooth pioneer, was sold to Qualcomm for $2.4bn in 2015....
...sale of Imagination would likely represent another former UK technology stalwart being sold to a foreign buyer, after SoftBank’s takeover of Arm Holdings and the acquisitions of Wolfson Microelectronics, CSR...
...– Meanwhile in India: Yoga-guru-turned-businessman Baba Ramdev’s Patanjali Ayurved Ltd may emerge as a white knight riding to the rescue of infrastructure companies weighed down by stressed assets....
...A blue diesel locomotive lumbering over a trestle in New Jersey is easily passed by trucks on an adjacent highway....
...The company, which bought Sucrogen, the sugar business of Sydney-based CSR, for A$1.5bn in 2010, has accused sugar growers and QSL of collaborating and using “political pressure and rhetoric” against it....
...Hairline cracks were found in late 2013 following the delivery of new trains by CSR Qingdao Sifang Locomotive, a subsidiary of China’s main state-owned rolling stock company CRRC, Singapore’s ministry of...
...The other big detractor from the emerging narrative of Asia as a locomotive for global growth is China....
...China train maker ‘deeply saddened’ by order defects CSR Qingdao Sifang Locomotive, a Chinese manufacturer, faced questions about the standards of its engineering after Singapore authorities confirmed that...
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