(RTTNews) - Japanese conglomerate Hitachi Ltd. (HTHIY.PK) announced Thursday that its Rail division has received a contract worth 481.6 million euros from Italian City of Turin for the trains and signalling system of fully automated Metro Line 2. In Japan, Hitachi shares were gaining around 3.3 percent, trading at 4,905.00 yen. Hitachi Rail will design and deliver the rolling stock and signalling ...
(RTTNews) - Japanese conglomerate Hitachi Ltd. (HTHIY.PK) announced Thursday that its Rail division has received a contract worth 481.6 million euros from Italian City of Turin for the trains and signalling system of fully automated Metro Line 2. In Japan, Hitachi shares were gaining around 3.3 percent, trading at 4,905.00 yen. Hitachi Rail will design and deliver the rolling stock and signalling systems for the "Rebaudengo-Politecnico" section of Turin Metro Line 2 for its client Infra.To. In the total contract value, 388.5 million euros relates to the base section corresponding to the "Rebaudengo-Porta Nuova" lot, and 93.1 million euros refers to the optional "Porta Nuova-Policlinico" section, which may be activated at a later stage. In its final configuration, Line 2 will extend for a total of approximately 28 km and will include 31 stations, with all vehicles being entirely 'Made in Italy'. The opening of the first section is planned by 2033. Hitachi noted that each train will be certified to accommodate 336 standing passengers, 68 seated passengers, 2 spaces for passengers with reduced mobility, and 4 bicycle spaces, for a total capacity of 404 passengers. The vehicles would offer high standards of capacity, accessibility, and comfort, while being fully integrated with the line's advanced digital signalling systems. The new metro will be equipped with the latest-generation CBTC (Communications-Based Train Control) signalling system in GoA4 (Grade of Automation 4) configuration, which is the highest level of automation currently available. The system enables fully driverless train operation, in which starting, stopping, and door operation are completely automated. The trains operating on the line will also be equipped with HMAX for Rail, Hitachi Rail's advanced digital asset management solution. It collects both vehicle and line data in real time to monitor the system and enable prompt intervention when necessary. HMAX, currently implemented on over 2,000 trains...
Key Points Amazon got hit with a big sell-off following its latest quarterly report, and the stock has significantly underperformed the S&P 500 in recent years. Amazon's massive infrastructure investments could help it be a huge AI winner over the next decade. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) stock saw a big valuation contraction following the publication of the company...
Key Points Amazon got hit with a big sell-off following its latest quarterly report, and the stock has significantly underperformed the S&P 500 in recent years. Amazon's massive infrastructure investments could help it be a huge AI winner over the next decade. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) stock saw a big valuation contraction following the publication of the company's fourth-quarter results. Sales for the period actually came in ahead of expectations, but earnings missed the market's forecast. The business posted non-GAAP (adjusted) earnings of $1.95 per share on sales of $213.4 billion, while the average analyst estimate had modeled for per-share earnings of $1.97 on sales of $211.3 billion. Despite better-than-anticipated sales performance last quarter, investors bristled at higher-than-anticipated costs and the tech giant's guidance for massive capital expenditures (capex) this year. In order to continue building out its AI infrastructure and pursue other growth bets, Amazon anticipates spending roughly $200 billion this year. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » While the company's massive capital expenditure outlays will put a substantial damper on the company's near-term earnings, there are good reasons to continue liking Amazon as an artificial intelligence (AI) stock for the long term. Leadership in the cloud and e-commerce point to big AI opportunities Amazon Web Services (AWS) continues to lead the cloud infrastructure market, and last quarter's sales growth of roughly 24% for the segment topped Wall Street's expectations. AWS should continue to enjoy sales tailwinds as more AI applications are developed, launched, and scaled across the platform, and the segment's fantastic operating margin (35% last quarter) should ensure that the business cont...
Demand for Nintendo Co. ’s profit-earning game software is under threat from soaring prices for data storage, clouding efforts to build a Switch 2 ecosystem that’s resilient to tariffs and military conflict. A global rush to build artificial intelligence hardware by the likes of Meta Platforms Inc. and Amazon.com Inc. is spurring big jumps in the price of NAND flash memory, used to store and acces...
Demand for Nintendo Co. ’s profit-earning game software is under threat from soaring prices for data storage, clouding efforts to build a Switch 2 ecosystem that’s resilient to tariffs and military conflict. A global rush to build artificial intelligence hardware by the likes of Meta Platforms Inc. and Amazon.com Inc. is spurring big jumps in the price of NAND flash memory, used to store and access data for long-term use in gadgets as well as data centers. NAND contract prices are forecast to surge as much as 90% in the current quarter compared with the previous three-month period, when prices rose more than 30%, according to research firm TrendForce. Read more: Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis The additional cost is denting consumer appetite for new Switch 2 games. That’s a problem for Nintendo, which needs to sell as many games as possible to make up for razor-thin margins on the consoles, which retail for around $450 and are already under pressure from US tariffs as well as a likely rise in shipping costs related to the conflict in the Middle East. “I used to buy games on a whim, without paying attention to storage,” said Shinsuke Hasegawa, an avid gamer in Tokyo with dozens of games for the Switch and its successor. “But I now need to make sure that games I buy are really ones I want to play because the space is filling up so quickly, at a pace that I didn’t imagine.” Nintendo’s storage problem is weighing on software demand, alongside factors such as game launch timings. Initial software sales momentum for the Switch 2, the world’s fastest-selling console, lags behind the original Switch’s. As of end-December, when Switch 2 sales hit 17.37 million units, the average number of games purchased per console came to 2.18, according to Bloomberg calculations based on company filings . When the original Switch reached a similar hardware sales milestone in March 2018, that figure stood at 3.88. Users like Hasegawa were behind the original S...
Asian carriers like Cathay Pacific and Singapore Airlines (SIA) are among the best positioned airlines to weather the war in the Middle East as travellers scramble for flights – and pay huge premiums – to escape the conflict. Asian airlines have emerged as one of the go-to choices for people leaving the Middle East in the wake of US and Israeli strikes on Iran Extensive airspace closures mean carr...
Asian carriers like Cathay Pacific and Singapore Airlines (SIA) are among the best positioned airlines to weather the war in the Middle East as travellers scramble for flights – and pay huge premiums – to escape the conflict. Asian airlines have emerged as one of the go-to choices for people leaving the Middle East in the wake of US and Israeli strikes on Iran Extensive airspace closures mean carriers like Emirates and Qatar Airways have essentially ground to a halt, creating opportunities for rivals that can fly non-stop between Europe and Asia. Advertisement Passengers in European hubs are handing over huge sums of money to secure a seat to Asia on flights that bypass the Middle East. Passengers stranded by suspended air traffic check into a hotel in Doha, Qatar, on Monday. Photo: EPA A one-way economy ticket flying SIA from Heathrow to Singapore on Thursday cost US$8,540 – a 900 per cent increase on fares later in the month. The same ticket on a flight to Hong Kong is HK$26,737 (US$3,400), compared with HK$5,670 in just a few weeks from now.
巴塞罗那的三月，地中海的风裹挟着科技的热浪。 MWC 2026如期举行。 20年来MWC就像一位精准的预言家，持续塑造着移动行业的未来。比如2019年5G和折叠屏，比如2025年AI与机器人。 而今年MWC的关键词毫无悬念： The IQ Era （智商时代），更准确地说是 智能新纪元 ，整体展区围绕两条路线：一是AI终于从APP插件能力走向系统能力，二是通信能力走向平台化。 作为连续多年的参会者...
TPG Inc. is considering options for Asia OneHealthcare Sdn. , including a sale or initial public offering, amid increasing deal activity for private equity-owned assets, according to people familiar with the matter. TPG has been speaking with advisers working on a separate IPO by Sunway Healthcare Holdings Bhd. to evaluate a course of action, the people said, asking not to be identified because th...
TPG Inc. is considering options for Asia OneHealthcare Sdn. , including a sale or initial public offering, amid increasing deal activity for private equity-owned assets, according to people familiar with the matter. TPG has been speaking with advisers working on a separate IPO by Sunway Healthcare Holdings Bhd. to evaluate a course of action, the people said, asking not to be identified because the deliberations are private. A deal might value the Kuala Lumpur-based medical services provider at as much as 30 billion ringgit ($7.6 billion), two of the people said. Considerations are preliminary and no final decisions have been made, the people said. TPG may also decide to keep its stake in the health-care firm, the people added, without disclosing the size of the holding. A representative for TPG declined to comment. Hong Leong Group and TPG acquired a batch of hospitals from Asia OneHealthcare, then known as Columbia Asia Healthcare , for about $1.2 billion in 2019 . The company has expanded both organically and via acquisitions, including the purchase of the hospital unit of Australia’s Ramsay Health Care Ltd. and Malaysian conglomerate Sime Darby Bhd. for 5.7 billion ringgit in 2023. Other shareholders in Asia OneHealthcare include Abu Dhabi Investment Authority and Malaysia’s Employees Provident Fund. TPG has been involved in other recent deals in Southeast Asia, including agreeing to sell a majority stake in XCL Education Holdings Pte to KKR & Co. in a transaction valuing the school operator at about $1.3 billion. KKR also led a group that agreed to acquire data center operator STT GDC Pte for $5.2 billion. Sunway Healthcare, meanwhile, is expected to list on March 18 in a 2.86 billion ringgit IPO, which would be the biggest debut in Malaysia nine years. Malayan Banking Bhd., AmInvestment Bank Bhd., UBS Group AG, HSBC Holdings Plc and Jefferies Financial Group Inc. are among banks arranging the IPO.
Oaktree Managing Director & Deputy Chief Investment Officer Milwood Hobbs, Moody’s Ratings Global Head of Private Credit, Marc Pinto and Voya Financial President of Retirement, Amy Vaillancourt assess liquidity mismatches, underwriting standards and systemic risk across private credit markets with Bloomberg’s Davide Scigliuzzo at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
Oaktree Managing Director & Deputy Chief Investment Officer Milwood Hobbs, Moody’s Ratings Global Head of Private Credit, Marc Pinto and Voya Financial President of Retirement, Amy Vaillancourt assess liquidity mismatches, underwriting standards and systemic risk across private credit markets with Bloomberg’s Davide Scigliuzzo at Bloomberg Invest 2026 in New York. (Source: Bloomberg)