HS2 and Mace/Dragados have signed contracts to deliver the high-speed rail project’s landmark terminus at London Euston.
Italy has suspended the tenders for the Turin-Lyon high-speed rail project after differences over the project escalated within the ruling coalition.
California High-Speed Rail Authority has urged the US federal government to reconsider its plans to cancel $929m in funding for the high-speed rail project in the state.
The European Union (EU) is reportedly planning to cancel €300m ($340m) in funding for the Turin-Lyon high-speed rail due to prolonged delays.
Japan Railways Group is set to provide free Wi-Fi services across its bullet train network by next year.
The US Department of Transportation has announced plans to cancel $929m of federal funding for the California high-speed rail project.
Russian Direct Investment Fund (RDIF) has signed an agreement with Germany’s Siemens Mobility to develop RUR300bn ($4.5bn) Ural High-Speed Rail project in the country.
India has started commercial operations of its first semi high-speed train called ‘Train 18’.
The US state of California is set to significantly reduce the scope of its $77.3bn high-speed rail project due to spiralling costs, delays and lack of transparency.
A report commissioned by the Italian Government has stated that the planned Turin-Lyon high-speed rail will not be profitable and will have a ‘strongly negative’ financial return.