Thursday , July 19 2018

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Asia embraces bullet trains as S’pore, Malaysia sign deal

  Bloomberg Asia is embracing bullet trains like never before. Singapore and Malaysia signed an agreement on Tuesday that will bring a high-speed rail link to Kuala Lumpur by 2026. The long-envisioned plan, six years behind an earlier target completion date, follows a $5.5 billion project already underway in Indonesia. ...

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IMF scraps forecast for global growth pickup on Brexit fallout

  Bloomberg The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain’s vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies. The IMF sees global gross domestic product rising 3.1 percent this year, ...

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Careem to bring driverless electric pods to MENA

  Dubai / Emirates Business Careem — the region’s leading app-based booking service — has announced a strategic partnership with NEXT Future Transportation, Inc. to bring battery-powered, self-driving electric pods to the MENA region. The partnership comes in line with the announcement of the launch of the Dubai Autonomous Transportation ...

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