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Showing posts from June, 2018

Siemens wins $2 billion contract to build new London Tube trains

LONDON (Reuters) - A division of Germany’s Siemens ( SIEGn.DE ) has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new trains for the Piccadilly Line on London’s metropolitan train network, known as the Tube. A man takes a picture of the cockpit of a Desiro City passenger train by Siemens Mobility at the InnoTrans railway technology trade fair in Berlin, September 25, 2014. REUTERS/Thomas Peter Transport for London (TfL), the public body in charge of the Tube, said the award of the contract would allow Siemens Mobility Limited to push ahead with its plan to build a new factory in Goole, east Yorkshire, in northern England. “The Siemens Mobility Limited factory would employ up to 700 people in skilled engineering and manufacturing roles, plus up to an additional 250 people during the construction phase of the factory,” TfL said in a statement. “As a result, around 1,700 indirect jobs would be created throughout the UK supply chain,” it said

U.S. judge sends ex-Trump campaign head Manafort to jail until trial

WASHINGTON (Reuters) - U.S. President Donald Trump’s former election campaign manager, Paul Manafort, was sent to jail pending trial on Friday after being charged with witness tampering, the latest episode in his long fall from grace. Manafort, a long-time Republican operative and businessman, is a target of Special Counsel Robert Mueller’s investigation into Russia’s role in the 2016 election, and has been indicted on mostly financial-related charges, including conspiring to launder money and defraud the United States. He pleaded not guilty on those charges and had been on home confinement in Virginia, required to wear an electronic monitoring device. Mueller last week charged him with witness tampering in the case. Manafort pleaded not guilty to that charge on Friday but U.S. District Judge Amy Berman Jackson in Washington revoked his bail, sending him to jail. “I have no appetite for this ... But in the end, I cannot turn a blind eye,” she said. “You’ve ab