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Tuesday, February 9, 2010
News Making Money

Siemens builds new bridges across the Rhine

31/03/2008 03:26 (680 Day 19:14 minutes ago)

The FINANCIAL -- Starting April 1, the 1.4 million daily passengers of the Verkehrsverbund Rhein-Sieg (VRS) can purchase their bus and train tickets by mobile phone.

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The transit authority includes the cities of Bonn, Cologne, Leverkusen, Monheim and the districts of Rhein-Erft, Rhein-Sieg, Oberbergischer and Rheinisch-Bergischer county and Euskirchen. The VRS is thus joining the national pilot project that has been underway in twelve other major German cities and regions since April 2007. The Rhineland project also marks the first time that a barcode displayed on a mobile phone is being used as an electronic ticket. The complete IT solution was developed and will be operated by Siemens IT Solutions and Services with its subsidiary HanseCom.

VRS passengers can purchase their mobile phone tickets via the internet, SMS or by phone. A barcode on the phone serves as proof of purchase – transit inspectors scan the code using a handheld scanner. Deutsche Bahn is also participating in the project for the first time with DB Regio NRW.

 

Since the start of the trial at the end of April 2007, more than 120,000 tickets have been purchased via mobile phone in Chemnitz, Dresden, Duesseldorf, Essen, Hamburg, Luebeck, Muenster, Nuremburg, Oberlausitz, Ulm, Vogtland and Wuppertal. The nationally standardized system was developed by member firms and groups of the Association of German Transport Companies (VDV) and Siemens, DVG LogPay and the Fraunhofer-Institut IVI Dresden.

 

 

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Politics
Ex-PM Nogaideli Signs Cooperation Treaty with Russia’s Ruling Party

09/02/2010 17:09 (05:31 minutes ago)

Civil.Ge -- Georgian former PM Zurab Nogaideli’s Movement for Fair Georgia and Russia’s ruling party, United Russia, signed a cooperation agreement in MOSCOW on February 9.

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Markets
NYSE Euronext swings to profit, beats expectations

09/02/2010 14:43 (07:57 minutes ago)

The FINANCIAL -- NYSE Euronext (NYX) one of the leading global operators of financial markets and provider of innovative trading technologies, on February 9 reported net income of $172 million, or $0.66 per diluted share for the fourth quarter of 2009, compared to a net loss of  ($1,338) million, or ($5.06) per diluted share for the fourth quarter of 2008. 







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