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Alstom gets $2.0bn deal for high-speed trains

  Wilmington / AFP US rail operator Amtrak on Friday awarded a $2.0 billion (1.8 billion euros) deal to French manufacturer Alstom to supply new trains for its key Acela service between Washington, New York and Boston. The landmark deal for 28 new passenger trains will boost Amtrak’s speed and capacity along its most heavily used and profitable route, with ...

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CEO of Denmark’s $120bn ATP pension fund resigns

  Bloomberg Carsten Stendevad is resigning as chief executive officer of ATP, Denmark’s biggest pension fund, in order to move back to the U.S. The $120 billion fund has started a recruitment process to find a replacement, it said on Friday. The 43-year-old is leaving the fund to move back to the U.S. and be close to his wife’s family, ...

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40 Syrians die in Turkish shelling

  Beirut / AFP Turkish shelling and air strikes killed at least 40 Syrians on Sunday, a monitor said, in the first significant civilian casualties in Turkey’s intensifying campaign in northern Syria. Turkey’s state-run Anadolu news agency said the army had killed 25 Kurdish “terrorists” in air strikes as part of its unprecedented operation inside Syria. The bombardments came after Ankara ...

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