Alstom wins 130 million Euro contract for subway trains to Shanghai
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French industrial giant Alstom Group has sold 16 complete subway trains to the city of Shanghai worth some 130 million Euros (160 million dollars), in another deal reached here during the visit of French President Jacques Chirac.
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German-American automaker DaimlerChrysler and Canadian transportation company Bombardier have settled a dispute over the 2001 sale of railcar maker Adtranz, the companies said in statements Tuesday.
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Struggling French heavy engineering company Alstom signed contracts worth up to one billion euros (1.23 billion dollars) in China for the delivery of trains and locomotives, the company said.
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AWB Ltd., Australia&#39;s monopoly wheat exporter, won a contract worth about A$340 million ($267 million) to supply China National Cereals, Oils and Foodstuffs Corp.
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Amadeus Global Travel Distribution SA has agreed to be bought by two British private investment funds for about 4.34 billion euros (&#36;5.74 billion), the company's main shareholders said Wednesday in a filing with market regulators.
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The cost of extending Shanghai's maglev train line may be more than double the original budget, a report says.
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The company behind Hong Kong&#39;s subway system said it has won its first overseas franchise, a 700-million-pound deal to run a London railway that will service the 2012 Olympic Games.
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The Chinese Railway Ministry&#39;s project with an estimated contract value of 100 billion yen aims to double the speed of trains on five major existing railway lines, stretching over
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MONTREAL (CP) - Bombardier Transportation has been selected by the Chinese government to negotiate a rail equipment contract worth a reported &#36;4.5 billion Cdn.
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A Shanghai shipyard has agreed to build up to five giant container ships the China's biggest shipping line, the shipyard company said Wednesday.
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Shares in China Construction Bank rise as much as 40% above its offer price as it starts trading in Shanghai.
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The train is becoming an attractive option for business travelers in Europe.
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Siemens AG, Germany's largest engineering company, said it won a 46 million euro (US$57 million) contract to supply Vietnam Railways with diesel-electric locomotives.
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Automaker DaimlerChrysler AG and transportation company Bombardier Inc. have settled a dispute over the 2001 sale of railcar maker Adtranz, the companies said Tuesday.
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China has awarded Alstom more than $1.5 billion Cdn worth of contracts for trains and locomotives, the French engineering giant said Saturday on the first day of a visit there by President Jacques Chirac.
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GM and Shanghai Automotive are jointly to develop and to commercialize hybrid and fuel-cell vehiclesâand the infrastructure required to support themâin China.
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Amadeus Global Travel Distribution SA has agreed to be acquired by two British private investment funds for about 4.34 billion euros ($5.69 billion), the company's main shareholders said Wednesday in a filing ...