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Rail Mega-Merger, Seen as Bid to Counter China, Gets Final Blow From EUThe European Union blocked a planned merger between the rail units of Germany’s Siemens and France’s Alstom, a move critics said would hamper Europe’s ability to compete with China. 🤦♂️ Ah, what it must be like to live someplace where they invest in rail and other mass transit instead of trying to strangle and defund it...
Source: WSJ - 🏆 98. / 63 Read more »