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The Shanghai Composite Index closed down 1.7 percent and Japan’s Nikkei edged up 0.08%. The greenback has found support in recent weeks on the back of a gradual rise in U.S how to wear chain cufflinks. 10-year Treasury yields and signs of strength in the world’s top economy, including better-than-expected retail sales in March. The dollar index fell 0.19%, with the euro up 0.11% to $1.1258. The Japanese yen was flat versus the greenback at 111.95 per dollar. The Treasury yield curve steepened at the start of a busy week in which $237 billion of new U.S. government debt will be auctioned off..
MONTREAL (Reuters) – Canada’s Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month how to wear chain cufflinks. Bombardier projects that a quarter of its transportation division’s expected 2020 revenue of $10 billion will come from rail services, up from 18 percent in 2014, according to a company investor presentation. Rail services include retrofitting, operations and maintenance. The Montreal-based company is counting on its transportation and corporate jet divisions for growth as it sheds its money-losing commercial aviation businesses. It closed a deal last summer to cede a controlling stake in its largest narrowbody program to Europe’s Airbus SE..
But the company has wrestled with execution problems and delays on rail contracts that led earlier this year to the temporary halting of car deliveries in New York because of air compressor software defects, and in Switzerland because of faulty doors. New York deliveries have since resumed. As it pursues retrofitting contracts, Bombardier is eying a possible plan by the largest U.S. rapid transit system to modernize around 1,000 subway cars made by the company in the late 1990s and early 2000s, according to two sources familiar with the matter how to wear chain cufflinks.
The New York City Transit Authority is weighing a plan to retrofit its R142 subway car fleet with modern technology like Wi-Fi, but has not formally called for bids, one of the sources said. Sources declined to be identified as the discussions are confidential. Transit agencies, which have traditionally bought new cars, are considering retrofits to respond to customer demand for amenities like Wi-Fi and accommodations for disabled riders. According to the American Public Transit Association (APTA), the average U.S. subway and commuter rail car is now around 22 years old, about halfway through its 40-year life span and still young enough to retrofit how to wear chain cufflinks.
A spokesman for New York’s Metropolitan Transportation Authority (MTA), which oversees NYC Transit, did not respond to requests for comment how to wear chain cufflinks. Bombardier declined to comment on New York, but the company spokesman sees demand for retrofitting as manufacturing costs rise. “With increasing costs to produce new trains and the limited availability of federal funding support for large rolling stock acquisitions, a potential exists for reinvesting in existing rolling stock equipment,” company spokesman Eric Prud’Homme said by email..