Europe Top News and Analysis Austria

More

  • *Iran insists "production management" should be OPEC goal. *No more OPEC free-riders, governors' meeting is told. *Rivals believe Saudis don't care about OPEC any more.

  • DUBAI/ LONDON, May 3- OPEC has yet to agree on a long-term strategy as Saudi Arabia objects to a proposal from arch-rival Iran that the exporter group aim for tighter control of the oil market, sources said, pointing to deep divisions over the way forward. While they made progress on some issues, OPEC kingpin Riyadh disagreed with Tehran's proposal to include "...

  • *OPEC supply rises by 170,000 bpd to 32.64 million bpd. *For a table of OPEC output, see. Top exporter Saudi Arabia, however, made no major change to output, the survey found, despite the kingdom hinting it could boost supply after OPEC and non-member nations failed to agree to freeze output at a meeting on April 17.

  • CARACAS, April 26- Venezuela has proposed that non- OPEC oil producers attend the group's June meeting in Vienna to continue "dialog and coordination," according to a letter from the South American country's oil minister to the Qatari energy minister, who is also the current OPEC president. A deal to freeze oil output by OPEC and non- OPEC producers fell apart in Doha...

  • NEW YORK— The Obama administration is trying to address Iranian complaints that U.S. financial regulations are denying Iran the sanctions relief it deserves under last year's landmark nuclear deal. Kerry also said the administration was willing to further clarify what transactions are now permitted with Iran and urged foreign financial institutions to...

  • ABUJA, April 21- Nigeria will hold talks with Saudi Arabia, Iran and other oil producers by May, hoping to reach a deal on an output freeze at the next OPEC meeting in June, the West African country's oil minister told Reuters. A deal to stabilise oil output by OPEC and non- OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on...

  • FRANKFURT, April 8- Germany's BMW launched on Friday a car-sharing service in Seattle, where it will offer customers the use of 370 BMW and Mini vehicles, before expanding to other cities in the United States. Consultants Roland Berger say the market for car sharing will grow by 30 percent a year and generate revenue of between 3.7 billion euros and 5.6 billion...

  • DALLAS- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the World Affairs Council of Dallas/Fort Worth- 0000 GMT. FRANKFURT- European Central Bank governing council members Peter Praet, Benoit Coeure and Ignazio Visco speak at a conference. FRANKFURT- Presentation of the ECB's Annual...

  • WEDNESDAY, APRIL 6 ST LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before a Homer Jones Memorial Lecture event- 2230 GMT. CLEVELAND- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the U.S. and regional economic outlook and monetary policy before a joint Cleveland Association for Business...

  • TUESDAY, APRIL 5 ARLINGTON, Texas- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Future of Business" before the University of Texas at Arlington Business Week Executive Dinner- 0000 GMT. HONG KONG- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the Credit Suisse...

  • ST PETERSBURG/ VIENNA, April 1- Russian oil major Gazprom on Friday signed cooperation deals with Austrian energy group OMV as it tries to secure more lobbying power for its project to expand the Europe- bound undersea gas pipeline, Nord Stream. Gazprom wants to bypass Ukraine, a prime route for Russian gas to Europe, by expanding a network of undersea pipelines,...

  • *Many Iranians abroad wary of returning to the Islamic Republic. LONDON, March 29- International firms are hunting for Western-educated Iranians to take on executive jobs in the Islamic Republic after the removal of most sanctions, but are finding it hard to win them over. Yet there's never been a queue of expats applying for jobs here, " Giuseppe Carella, the Iran...

  • *Many Iranians abroad wary of returning to the Islamic Republic. LONDON, March 29- International firms are hunting for Western-educated Iranians to take on executive jobs in the Islamic Republic after the removal of most sanctions, but are finding it hard to win them over. Yet there's never been a queue of expats applying for jobs here, " Giuseppe Carella, the Iran...

  • *Europe's electricity prices at record lows, driven by power glut. ZURICH, March 22- Juergen Silberzahn, mayor of the southern German village of Wolpertshausen, marched against nuclear power in the 1970 s and has warmly embraced Germany's bid to provide four-fifths of its energy from renewable sources by 2050.. To the south, however, Switzerland's biggest...

  • VIENNA, March 21- Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday, since the country is seeking to raise its exports. Producers from the Organization of the Petroleum Exporting Countries and non-members are due to meet on April 17 in Qatar discuss the output freeze.

  • VIENNA, March 21- Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday, since the country is seeking to raise its exports. Producers from the Organization of the Petroleum Exporting Countries and non-members are due to meet on April 17 in Qatar to discuss stabilizing prices by...

  • *Rise in euro weighs on European stocks. *Mining and energy shares outperform post-Fed. LONDON, March 17- European stocks fell on Thursday as a drop in airline Lufthansa and property group Immofinanz took the shine off an update from the U.S.

  • FRIDAY, MARCH 11 LONDON- Bank of England former Deputy Governor Charlie Bean holds news conference on government report into UK statistics- 0845 GMT. HELSINKI- Bank of Finland Governor Erkki Liikanen speaks at the LOGY conference- 0810 GMT. MANNHEIM- Germany's Bundesbank board member Joachim Nagel to speak at Mannheim Forum 2016- 1330 GMT.

  • 1953- Launch of privately-owned Kuwait National Airways, which later became Kuwait Airways. 1990- Iraq invasion; most of Kuwait Airways fleet and parts stolen, hangars destroyed. 1992- Kuwait Airways participated in formation of Jet Airways, along with Gulf Air.

  • March 8- Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out as quickly as they should. When oil prices began falling a year and a half ago in the deepest rout in a generation, many analysts expected U.S. crude production, especially from...