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Search resuls for: "High Speed Rail"


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Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.
Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, , Ricardo Ferreras, , ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, , Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool
KAOHSIUNG, Taiwan — Taiwan shut down on Wednesday, grounding hundreds of flights and closing schools, offices and financial markets ahead of the arrival of a weakening Typhoon Krathon, with one person reported dead and torrential rain lashing the island’s south. Although the typhoon has weakened, the threats from a storm surge, strong winds and rain remain as it slowly makes its way toward Taiwan’s coast, weather forecasters said. The typhoon would lose power once it hit land, said Kaohsiung Mayor Chen Chi-mai, but would still bring intense winds and rain. Once it hits land, the typhoon could be downgraded into a tropical depression and dissipate, which has happened only once before in Taiwan, in 2001, forecasters said. In Taipei, some malls and shops remained open, with rain only expected later in the day.
Persons: Thelma, Chen Chi, , Tommy Wang, Gaemi, Yu Ren, Chou Yi, Power, Chou Organizations: Getty, Central Weather Administration, Apple, Nvidia Locations: KAOHSIUNG, Taiwan, Kaohsiung, Taiwan’s, Hualien, Taipei, Taoyuan, AFP, Tainan, Siaogang
Normal train service had resumed on the French rail network by Monday — when authorities reported damage to telecoms infrastructure, which caused local power outages and raised the specter of further national disruption. Secretary of State for Digital Affairs Marina Ferrari that France's telecoms network was experiencing isolated outages due to damage carried out overnight in several regions. It was not immediately clear whether vandalism to the telecoms network was connected to the damage and arson carried out on the rail network last week. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.
Persons: , State for Digital Affairs Marina, Ferrari, Dmitry Peskov, Gerald Darmanin, Darmanin Organizations: Paris, Olympics, State for Digital Affairs, CNBC, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Vandieres, France, Paris, Russia, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMumbai-Ahmedabad high speed rail aims to cut travel time by up to two-thirdsThe project, which was approved in 2014, faced several setbacks.
Locations: Mumbai, Ahmedabad
It's now focused on finding industry leaders with high free cash flow. Hong Kong-based AlphaHill Capital is looking specifically for Chinese consumer names with free cash flow growth, said Siliang Jiang, the firm's partner and portfolio manager. Jiang expects the Chinese consumer will start to turn around in the second half of this year or next year. China's "Consumer Confidence Index (CCI) edged up in the past 9 months, despite falling property prices and fears of 'household balance sheet recession '. Two of their picks based on positive free cash flow are Li Auto and New Oriental Education .
Persons: Ding Wenjie, Ding, It's, Siliang Jiang, Jiang, Li, Liqian Ren, Ren, — CNBC's Michael Bloom Organizations: Citi, China Asset Management Co, CNBC, Investors, China Merchants Securities, Baidu, Bank of America, Li Auto, New Oriental, Speed Railway, WisdomTree, Reuters Locations: China, India, Hong Kong, Tencent, Beijing, Shanghai, Shanghai . State
Private rooms coming to some of Japan’s bullet trains
  + stars: | 2024-04-24 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +2 min
CNN —Japan’s beloved Shinkansen trains are getting another upgrade. This photo illustration shows what the private rooms will look like. Japan RailwaysThey will be located in the green cars, which are the first-class, more expensive cars on Shinkansen trains. Travelers who have purchased a JR Rail pass will still need to pay extra to use the private rooms. The Tokaido line was Japan’s first-ever high speed rail line, making its debut in 1964.
Persons: CNN —, CNN’s Junko Ogura Organizations: CNN, Japan Rail, Japan Railways, Travelers Locations: Tokyo, Nagoya, Osaka
These events all happened within the first three months of this year – and all after collisions with large commercial ships. And a month earlier, a large cargo ship collided with the Zárate–Brazo Largo Bridges crossing the Prana River in Argentina, according to now-shuttered government-run news agency Télam – severely damaging the ship, though the bridge remained intact. By contrast, in the Baltimore example, the water channel and bridge are wide and tall enough to accommodate large vessels – and the cargo ship hit the bridge pier, not the bridge itself, Andrawes said. But even these measures can only do so much in the event of a large cargo ship collision, Mercogliano said, pointing to the Baltimore collapse. “And even when the ship hit those dolphins, the ship was so large it towered over them and actually struck the bridge itself.
Persons: Francis Scott Key, DALI, , Sal Mercogliano, Télam, Bassem, Andrawes, it’s, Mercogliano, Baltimore Steve Helber, there’s, Jerome Hajjar Organizations: Hong Kong CNN, University of Illinois, Sunshine Skyway, Coast Guard, Structural Engineering, American Society of Civil Engineers Locations: Hong Kong, Baltimore, China, Argentina, Patapsco, Guangzhou, , Largo Bridges, Urbana, Champaign, Florida
State-owned railway company Saudi Arabia Railways (SAR) recently struck a 200 million Saudi riyals ($53.33 million) deal with Italian hospitality company Arsenale Group to launch the first luxury train in the Middle Eastern kingdom. The destination has made a number of high-profile tourism investments in recent years – a $500 billion model city in the desert of northwest Saudi Arabia among them. Now Saudi Arabia is getting on board with the slow travel movement in a big way by moving into the luxury train market. Arsenale S.P.A./Saudi Arabia RailwaysSaudi Arabia’s decision to enter the luxury train market comes as demand for high-speed trains and luxury “rail cruises” continues to increase around the world. Infrastructure investmentA rendering of Dream of the Desert, which will be the first luxury train in the Middle Eastern kingdom.
Persons: Paolo Barletta, ” Barletta, S.P.A, Joe Biden, Dolce, , Luigi Corradi, King, Khalid al, Falih, Arsenale S.P.A, Bashar bin Khaled Al Malik, Al Malik, CNN’s Lilit Marcus, Ben Jones Organizations: CNN, State, Saudi Arabia Railways, Saudi, Arsenale Group, SAR, Saudi Arabia Railways Saudi, Reuters, “ Orient, Accor, Ferrovie dello Stato, Speed Railway, King Abdulaziz International, Saudi Arabia’s Investment, Projects, Saudi Railway Company, Orient Express, Orient Locations: Saudi Arabia, Saudi, Arabia’s, Riyadh, Qurayyat, Jordan, Hail, Italy, France, Italy’s, Mecca, Medina, Jeddah, Venice, London, Kyushu
The hardline Home Secretary Suella Braverman was fired early on Monday morning, after making inflammatory comments about the policing of pro-Palestinian protests in central London over the weekend. Cameron served as prime minister from 2010 to 2016, resigning after Britain voted to leave the European Union in a referendum that he had called. Unlike Braverman, neither Cleverly nor Cameron are likely to go off script and lash out at the police or protesters. Monday marks the second time in just over a year that Braverman has been sacked as home secretary. Under Sunak, Braverman spearheaded a heavily publicised push to clamp down on small boat crossings made by asylum-seekers.
Persons: London CNN — Britain’s, Rishi Sunak, David Cameron, Suella Braverman, Sunak, Cameron, Downing, James, Braverman, London’s, Braverman’s, ” Neil Basu, we’ve, King Charles, Alec Douglas, , Edward Heath’s, , , , ” Cameron, Tories ’, Carl Court, Boris Johnson, Liz Truss, Jeremy Hunt, they’d, Liz Truss’s shambolic, lambasting “, Keir Starmer, ” Starmer Organizations: London CNN, Britain, European Union, Downing Street, Times, London, Sunak, BBC, Downing, Conservative Party, Liberal Democrats, Tories, EU, Braverman, Human, Rwanda –, Conservatives, Labour Party Locations: London, Braverman, Downing, Westminster, Cameron, Rwanda, Britain, United Kingdom
Take Five: Volatile start to busy week
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +6 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 9 (Reuters) - Financial markets have got off to a volatile start to the week, after Hamas militants launched an assault on Israel at the weekend, triggering violent conflict that left hundreds dead. A bond market rout last week and currency gyrations already had financial markets on edge ahead of U.S. inflation numbers and the start of earnings season. Here's your week ahead in markets from Kevin Buckland in Tokyo, Lewis Krauskopf in New York, Rachel Savage in Johannesburg, and Naomi Rovnick and Dhara Ranasinghe in London. Amid these tensions, the IMF and World Bank are trying to boost their lending.
Persons: Brendan McDermid, gyrations, Kevin Buckland, Lewis Krauskopf, Rachel Savage, Naomi Rovnick, Wells, LSEG IBES, Rishi Sunak's, Sumanta Sen, Pasit, Vineet, Karin Strohecker, Kim Coghill Organizations: New York Stock Exchange, REUTERS, Financial, World Bank, International Monetary Fund, Labour, JPMorgan, Citigroup, PepsiCo, Delta Air Lines, UnitedHealth, Reuters, LABOUR, Conservative, Labour Party, MOROCCO Finance, Monetary Fund, U.S, Bretton Woods, IMF, Thomson Locations: New York City, U.S, Israel, Tokyo, New York, Johannesburg, London, Central, Morrocan, Marrakech, China
“Our plan will drive far more growth and opportunity here in the north than a faster train to London ever would,” he said Wednesday. Some of the alternatives Sunak highlighted were predicated on the delivery of HS2, said Henrietta Bailey, CEO of Greater Birmingham Chambers of Commerce. “This is the biggest and most damaging U-turn in the history of UK infrastructure,” the High Speed Rail Group, which represents companies such as Siemens, Hitachi and Bombardier, said in a statement. “The decision … sends a hugely disappointing message about our commitment to completing major infrastructure projects in the UK,” said Stephen Phipson, chief executive of Make UK, which represents manufacturing firms. The country must hope that his latest policy reversal doesn’t deter investors and further undermine a struggling UK economy, perpetuating a doom-loop of weak growth and underinvestment.
Persons: Rishi Sunak, Sunak, , Henrietta Bailey, Stephen Phipson, Mark Allen, ” Sunak, , Liz Truss, he’s, Sunak blinked, James Mason, ” — Hanna Ziady Organizations: London CNN —, Leeds, Birmingham Chambers of Commerce, HS2 —, Conservative, Speed Rail Group, Siemens, Hitachi, Bombardier, Make, Investors, Treasury, Business Locations: England, United Kingdom, London, Germany, France, Italy, China, Japan, Edinburgh, Birmingham, Manchester, Britain, West, North Yorkshire
A woman sits by the shore while looking at waves breaking as Typhoon Koinu approaches, in Taitung, Taiwan October 4, 2023. REUTERS/Carlos Garcia Rawlins TPX IMAGES OF THE DAY Acquire Licensing RightsTAITUNG, Taiwan, Oct 5 (Reuters) - Typhoon Koinu began brushing past the rural far southern tip of Taiwan on Thursday, injuring 190 but causing no deaths, as lashing rains and strong winds cancelled work and classes for millions in a swathe of cities across the island. Taiwan's fire department reported 190 injuries but no deaths, as well as some minor damage to buildings. Taiwan's two main domestic airlines, UNI Air and Mandarin Airlines, cancelled most of their flights for Thursday, while ferries to outlying islands were also stopped. A total of 42 international flights were also cancelled, the transport ministry, said, but the high speed rail connecting northern and southern Taiwan was unaffected.
Persons: Koinu, Carlos Garcia Rawlins, Fabian Hamacher, Carlos Garcia, Ben Blanchard, Gerry Doyle Organizations: REUTERS, UNI Air, Mandarin Airlines, Thomson Locations: Taitung, Taiwan, Koinu, Guangdong, Pingtung, Hualien, Kaohsiung, Taipei
And if you do, you should stand with me," Sunak said, referring to what he described as 30 years of political short-termism. "It may be helpful, but it won't be sufficient" to help them win the next election. Chris Hopkins, political research director at the polling firm Savanta, said he could not see how Sunak could win. Cabinet ministers have given speeches to sparsely populated rooms and some party members have openly talked what they may do in opposition. Writing by Elizabeth Piper; editing by Kate Holton and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.
Persons: Rishi Sunak, Sunak, Goldman Sachs, Andy Street, Suella Braverman, pollsters, John Curtice, Chris Hopkins, Savanta, Liz Truss, Nigel Farage, Steve Tuckwell, Elizabeth Piper, Kate Holton, Philippa Fletcher Organizations: Conservative, Conservatives, Labour, University of Strathclyde, European Union, Republican Party, London's Labour, Thomson Locations: MANCHESTER, England, Manchester, British, Birmingham, West Midlands, United States
London CNN —UK Prime Minister Rishi Sunak has taken the axe to Britain’s biggest current infrastructure project, despite warnings from business leaders that the U-turn will damage investor confidence in the country. “This means £36 billion of investment in the projects that will make a real difference across our nation,” he added. “Any deviation could result in a loss of investor trust, and this would have a considerable negative impact on the UK. The ambitious HS2 project falls into this category.”The U-turn was also blasted by Richard Walker, the boss of supermarket chain Iceland, and until recently a long-time Conservative Party member. The government’s “evident inability” to deliver on major projects “is devastating to both its credibility and to business confidence,” Walker wrote in The Guardian newspaper Sunday.
Persons: Rishi Sunak, Sunak, ” Sunak, Andy Street, We’ve, Tom Wagner, Wagner, , Richard Walker, ” Walker Organizations: London CNN —, Manchester —, Conservative Party Conference, Conservative Party, Conservative, Investors, LBC, Knighthead Capital Management, Birmingham City football, The Guardian, Locations: London, Birmingham, Manchester, United Kingdom, England, Iceland
When it comes to passenger rail in the the U.S., Americans have one option — Amtrak, which is often plagued with high ticket prices and delays. Brightline, which is owned by Fortress Investment Group, thinks that privatized passenger rail in the U.S. could be a better way. It was the first privately funded passenger rail built in the U.S. in over 100 years. Brightline is also making strides to create the first dedicated high-speed passenger rail line in the U.S. connecting Los Angeles to Las Vegas. "We are planning to make our project, as I call it, the blueprint for America's high-speed rail industry.
Persons: Brightline, Wes Edens, Mike Reininger, Sarah Watterson, Bent Flyvbjerg Organizations: Amtrak, Fortress Investment Group, West Palm Beach, Brightline, Nevada Department of Transportation Locations: U.S, Florida, Miami, West Palm, Orlando, Los Angeles, Las Vegas, America
Japanese vice minister quits as PM Kishida's ratings slide
  + stars: | 2023-08-04 | by ( ) www.reuters.com   time to read: +2 min
Tokyo prosecutors raided the office of ruling Liberal Democratic Party lawmaker Masatoshi Akimoto on suspicion that he took bribes amounting to tens of millions of yen, according to public broadcaster NHK. The foreign ministry later announced that Akimoto had stepped down from his post as a vice minister. The resignation comes after Kishida's approval rating slid to its lowest since he took office in 2021. Errors that have recently come to light with the card have included health insurance information linked to the wrong social security account and welfare payments made to the wrong person. State broadcaster NHK and other media have reported that Tokyo prosecutors suspect Japan Wind Development Co paid bribes to Akimoto.
Persons: Masatoshi Akimoto, Amit Dave, Fumio Kishida, Akimoto, Hirokazu Matsuno, Sakura Murakami, Robert Birsel Organizations: Land, Transport, Speed, Kalupur, REUTERS, Liberal Democratic Party, NHK, Yomiuri, State, Development, Reuters, Thomson Locations: Infrastructure, Tourism, Ahmedabad, Mumbai Ahmedabad, India, TOKYO, Tokyo, The Tokyo
KUALA LUMPUR, July 11 (Reuters) - Malaysia on Tuesday said it was seeking proposals from private firms to develop a high-speed railway between its capital Kuala Lumpur and neighbouring Singapore, reviving a multi-billion-dollar project called off more than two years ago. Malaysia and Singapore had cancelled a plan to build a 350-kilometre (217-mile) rail line connecting the two countries after they failed to agree on several proposed changes to the project. MyHSR invited local and international firms and consortia to submit proposals. Singapore indicated last year the country is open to fresh proposals from Malaysia on the project, according to media. Reporting by A. Ananthalakshmi in Kuala Lumpur, Chen Lin in Singapore; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.
Persons: MyHSR, Chen Lin, Kanupriya Kapoor Organizations: MyHSR Corp, Speed, Thomson Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Singapore, China, Japan, South Korea, Europe, Malaysian
[1/5] Activists take part in a protest against the Lyon-Turin rail link between France and Italy, in Les Chavannes-en-Maurienne, France, June 17, 2023. REUTERS/Denis BalibousePARIS, June 17 (Reuters) - Twelve police were wounded on Saturday in clashes with demonstrators in France's Savoie department where a protest against a high speed rail project in the Alps turned violent, authorities said. Some 2,000 protesters, including a roughly 300-strong dark-clad hardcore, were in the Maurienne Valley objecting to construction of a rail link including a tunnel between Lyon and the Italian city of Turin. Association Les Soulevements de la Terre contested that figure in a Twitter post late on Saturday and said 50 demonstrators were wounded, including six who were hospitalised. "The day is not over, we remain prudent and mobilised," said Ravier, noting a security presence would go through the night.
Persons: Denis Balibouse PARIS, Francois Ravier, Les, Gerald Darmanin, Mimosa Spencer, Andrew Cawthorne, Daniel Wallis Organizations: Lyon, REUTERS, Thomson Locations: Turin, France, Italy, Les Chavannes, France's Savoie, Lyon, Italian
The US still waits for its high-speed rail revolution
  + stars: | 2023-04-18 | by ( Ben Jones | ) edition.cnn.com   time to read: +15 min
So why doesn’t the United States have a high-speed rail network like those? Many Americans have no concept of high-speed rail and fail to see its value. William C. Vantuono, editor-in-chief of Railway Age“Many Americans have no concept of high-speed rail and fail to see its value. Corridors for the greatest potentialBrightline West and CHSR offer templates for the future expansion of high-speed rail in North America. “Where those conditions apply in Europe and Asia, high-speed rail reduces air’s share of the market from 100% to near zero.
Aviation emissions in Europe increased an average of 5% year-on-year between 2013 and 2019, according to the EU. Not surprisingly these moves have set alarm bells ringing in the aviation industry. “For many decision-makers, banning short-haul flights and showing support to the rail industry is an easy win to gain favor with the public, especially in Europe,” Montserrat Barriga, the ERA’s director general, told CNN. “Governments continue ignoring the biggest source of aviation emissions – long-haul flights, that remain unpriced and unregulated,” says T&E’s Dardenne. Better connectivity between intercity rail and airports would also reduce the need for short-haul flights.
Brightline announced a deal with rail unions to build a 218-mile, high-speed line from Las Vegas to Los Angeles. The company plans to connect Las Vegas to Southern California via rail capable of traveling 200 mph. A Las Vegas tourism website estimates that a trip from Los Angeles to Las Vegas by car takes an average of four hours, depending on traffic conditions. The rail line is set to run from Las Vegas to Los Angeles, according to the company's website. The press release said the rail line will have stops in Rancho Cucamonga, Apple Valley, and Hesperia, California.
China to open border with Hong Kong on Sunday
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A general view of village houses at Hong Kong border facing the skyscrapers in Shenzhen, in Hong Kong, China, December 14, 2021. Hong Kong closely followed China's tough zero-COVID policy until the middle of 2022 when it began to ease some of restrictions. China will no longer require people to present COVID tests upon arrival in the mainland from Hong Kong, while China will issue special tourism and business visas for mainland residents to visit Hong Kong from Jan. 8, the office said. China will also increase flights between the mainland, Hong Kong and Macau, it said. Reporting by the Beijing newsroom, Farah Master and Meg Shen in Hong Kong ; Editing by Himani Sarkar and Robert BirselOur Standards: The Thomson Reuters Trust Principles.
The world's fastest trains -- from China to France
  + stars: | 2021-12-10 | by ( Ben Jones | ) edition.cnn.com   time to read: +16 min
Chogo/Xinhua/Getty ImagesAs well as boasting the longest network of high-speed lines in the world, China now has the fastest scheduled trains on the planet. A statement of intent by China’s booming railway technology industry, the Fuxing trains have been developed from previous generations of high-speed trains, which were based on technology imported from Europe and Japan. The design also forms the basis of the Siemens “Velaro” family of high-speed trains, which has been sold to Spain, Russia, Turkey, China and to Eurostar for its second generation international trains. Europe’s first dedicated high-speed network is still its best known and most successful, reaching out well beyond France’s borders. Frecciarossa services operate across Italy’s T-shaped high-speed network, linking Turin, Milan and Venice in the north with Bologna, Florence, Rome and Naples.
Persons: Germany's, Philipp von Ditfurth, Thomas Coex, Europe’s, Kiyoshi Ota, Al Boraq, Morocco's Al Boraq, ‘ Al, Boraq, Oriol, Iryo, Frecciarossa, Ed Jones, Alessandro Rota, sandstorms don’t, HHR Organizations: CNN, Japan’s, Vitesse, Getty, Germany's Inter, City Express, Express, Siemens, Eurostar, Bloomberg, JR, Japan Railways, Tohoku, TGV Euroduplex, Alstom, Flickr, Images Spain, Alta Velocidad, Ouigo Espana, Italian State Railways, Alitalia, Arrows, Spanish National Railways, Railway, Haramain, Speed Railway Locations: Scandinavia, Europe, Asia, France, China, Spain, Germany, Italy, Belgium, England, Africa, Morocco, Egypt, South Korea, Saudi Arabia, Taiwan, India, Thailand, Russia, United States, Shanghai, Shanghai’s Pudong, Hangzhou, Chogo, Xinhua, Japan, Beijing, Hong Kong, Harbin, Cologne, Frankfurt, Paris, Amsterdam, Brussels, Turkey, AFP, Lyon, Marseille, Bordeaux, Nantes, Strasbourg, Lille, London, Switzerland, Tokyo, Shin, Aomori, Hokkaido, Honshu, Tsugaru Strait, Tangier, Casablanca, Kenitra, Rabat, Oriol Paris, Madrid, Seville, Malaga, Valencia, Galicia, Barcelona, Alta Velocidad Espana, Korea, South, Seoul, Busan, Gwangju, Mokpo, Pyeongchang, Turin, Milan, Venice, Bologna, Florence, Rome, Naples, Saudi, Bandar Aldandani, Mecca, Medina
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