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Alstom, Siemens end ‘speed rail feud’ amid Asian onslaught

­­­­­­­­­­­Bloomberg Alstom SA’s merger with the train-making arm of Siemens AG will mark the end of a bitter rivalry as the European rail industry’s biggest adversaries unite in an effort to fend off the challenge from China and Japan. The ill-tempered contest between Alstom and Siemens has been a feature of the sector for decades and reached boiling point in ...

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Apple, Fitbit to join FDA programme to speed health tech

Bloomberg A federal agency that regulates apples wants to make regulations on Apple Inc. a little easier. The Food and Drug Administration, which oversees new drugs, medical devices and much of the US food supply, said that it had selected nine major tech companies for a pilot programme that may let them avoid some regulations that have tied up developers ...

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Uber’s new ‘good cop’ tack to face test in US city tussles

Bloomberg Uber is testing out a new conciliatory tone in London, where officials said they wouldn’t renew the ride-hailing service’s operating license. It’s going to have ample opportunity to see if that approach will work in the US. San Francisco’s city attorney is investigating whether Uber Technologies Inc. is a public nuisance. In New York, officials are mulling ways to ...

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