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Europe Top News and Analysis Austria

  • VIENNA— Austria's defense minister says that state prosecutors have begun preliminary proceedings on suspicion of fraud against Airbus and an affiliated company regarding his country's purchase of 15 combat aircraft. The accusation against Airbus Defence and Space GmbH and Eurofighter Jagdflugzeug GmbH is based on Austria's purchase of 15 used...

  • LONDON, Feb 22- Eleven non- OPEC oil producers that joined a global deal to cut output to boost prices have delivered at least 60 percent of promised curbs so far, OPEC sources said on Wednesday, higher than initially estimated. "This meeting shows the seriousness of OPEC and non- OPEC in implementing the agreed cut," an OPEC delegate said. Two OPEC delegates said...

  • VIENNA— Austrian court approves U.S. extradition request for Ukrainian oligarch Dymitro Firtash.

  • VIENNA— A Viennese cafe owner has a message for customers who dawdle over drinks while charging their cellphones: Pay up. And Galina Pokorny says that instead of complaining when they see a power charge on their bills, customers should read the menu: "Electricity, 1 euro" is printed there. Pokorny said Thursday that a quick plug-in remains free at Terassencafe, "but...

  • *Austria accuses Airbus of wilful deception, fraud. *Austria sees potential damages of up to 1.1 bln euros. VIENNA, Feb 16- Austria sued Airbus and the Eurofighter consortium on Thursday, alleging wilful deception and fraud linked to a near 2 billion euro jet order in 2003..

  • *Greece says cannot introduce more austerity. ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens. Inconclusive talks between Greece and its international...

  • VIENNA— Austria's government announced Thursday that it has asked state prosecutors to press fraud charges against Airbus and an affiliated company, alleging they overcharged for 15 combat aircraft and demanding refunds for the purchase. The accusation against Airbus Defence and Space GmbH and Eurofighter Jagdflugzeug GmbH is based on Austria's...

  • *OPEC, others promised to cut 1.8 million bpd in H1. *OPEC could extend or deepen cuts if global glut persists. LONDON, Feb 16- Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories failed to drop to a targeted level.

  • *OPEC, others have already promised to cut 1.8 million bpd in H1. *OPEC could extend or even deepen cuts if global glut persists. LONDON, Feb 16- Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories failed to drop to a targeted level.

  • *Greece says cannot introduce more austerity. ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens. Inconclusive talks between Greece and its international...

  • *OPEC, others have already promised to cut 1.8 million bpd in H1. *OPEC could extend or even deepen cuts if global glut persists. LONDON, Feb 16- Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories failed to drop to a targeted level.

  • *Austria accuses Airbus of wilful deception, fraud. VIENNA, Feb 16- Austria filed a lawsuit on Thursday against Airbus and the Eurofighter consortium, alleging wilful deception and fraud linked to a 2 billion euro order for Eurofighter jets in 2003, the defence ministry said. The ministry said that following an investigation it believed Airbus and Eurofighter...

  • ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a bailout review quickly to avert fresh uncertainty hovering over the crisis-hit nation and warned that a stalemate could harm its nascent economic recovery. Inconclusive talks between Greece and its international creditors on economic reforms and debt...

  • *OPEC, other exporters promise to cut 1.8 million bpd in H1. LONDON, Feb 16- Oil prices steadied on Thursday as record crude and gasoline inventories in the United States dragged on prices, though OPEC supply cuts helped to support the market. Brent crude was up 10 cents at $55.85 a barrel by 1005 GMT.

  • *OPEC, other exporters promise to cut 1.8 million bpd in H1. LONDON, Feb 16- Oil prices steadied on Thursday as record crude and gasoline inventories in the United States dragged on prices, though OPEC supply cuts helped to support the market. Brent crude was up 15 cents at $55.90 a barrel by 0920 GMT.

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • Feb 15- The Broad Institute, a biological and genomic research center affiliated with MIT and Harvard, will keep valuable patents on a revolutionary gene-editing technology known as CRISPR, a U.S. patent agency ruled on Wednesday. Patent and Trademark Office's Patent Trial and Appeal Board in Alexandria, Virginia, rejected a claim by a rival team, associated...

  • Feb 15- The Broad Institute, a biological and genomic research center affiliated with MIT and Harvard, will keep valuable patents on a revolutionary gene-editing technology known as CRISPR, a U.S. patent agency ruled on Wednesday. Patent and Trademark Office's Patent Trial and Appeal Board in Alexandria, Virginia, rejected a claim by a rival team, associated...

  • Feb 15- The Broad Institute, a biological and genomic research center affiliated with MIT and Harvard, will keep valuable patents on a revolutionary gene-editing technology known as CRISPR, a U.S. patent agency ruled on Wednesday. Patent and Trademark Office's Patent Trial and Appeal Board in Alexandria, Virginia, rejected a claim by a rival team, associated...