Australia: The government of Victoria has ordered an additional Bombardier VLocity three-car DMU for A$17m, taking the order to 43 cars.
Metro Trains Melbourne has awarded Alstom a contract to install GSM-R digital radios on 82 trainsets.
The EDI Rail Bombardier JV which maintains Perth’s commuter fleet has awarded Gemco Rail two four-year bogie and wheelset maintenance contracts totalling A$5m. […]
In another example of life duplicating the media, it seems like most people here and abroad have been consumed by watching a real life episode of Lost for the last week. The question of what happened to Malaysia Airlines Flight 370 has quickly soared to the opening spot on all of the network news shows, much as Lost and its Oceanic Airlines Flight 815 climbed quickly […]
The S&P 500 has just hit a new all-time high at 1851.55 this morning.The previous peak was on January 15, when the index hit 1850.84. After that, the market fell 6% through February 3. Since then, it has surged higher, erasing all of those losses and then some.This morning, the index is up 0.8%, trading above 1851.The chart below shows […]
Cameron Spencer/Getty ImagesEMERGING stockmarkets go in and out of fashion. They were battered during the Asian and Russian crises of the late 1990s, but then recovered to offer double-digit annual returns in the first decade of the 21st century. Since 2010, however, they have reverted to underperforming their developed-country rivals.The arguments in favour of investing in emerging markets are the […]
