×

Europe Top News and Analysis Austria

  • *OPEC experts make recommendation but full deal still elusive. *Iraq foreign min says would be unfair for OPEC to ask it to cut. VIENNA/ DUBAI, Nov 22- OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full...

  • *OPEC experts make recommendation but full deal still elusive. *Iraq foreign min says would be unfair for OPEC to ask it to cut. VIENNA/ DUBAI, Nov 22- OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full...

  • FRANKFURT, Nov 22- Lufthansa said it was seeking a temporary injunction on Tuesday to avert a strike after cancelling nearly a third of its flights on Wednesday due to a planned 24- hour work stoppage then by its pilots. The labour court in Frankfurt said a hearing on Lufthansa's injunction request was scheduled for 1400 GMT on Tuesday. Flights by Lufthansa's...

  • *Nigeria says OPEC talking of six-month deal duration. *Iraq says would be unfair for OPEC to ask it to cut. The High-Level Committee- a technical body comprised mainly of OPEC governors and national representatives who report to their respective ministers- started a second day of talks at OPEC headquarters in Vienna at about 0930 GMT.

  • LONDON- Bank of England Executive Director Vicky Saporta will speak at the Association of British Insurers- 1115 GMT. SYDNEY, Australia- Reserve Bank of Australia Head of Domestic Markets Chris Aylmer speaks at the Australian Securitisation Forum 2016.. CANBERRA- Reserve Bank of Australia Deputy Governor Geoff Bascand speaks on' Changing Dynamics in...

  • *Iran may only freeze production rather than cut. OPEC members are due to agree to a world oil freeze pact on Nov. 30 at a meeting in Vienna, Austria. In recent days, several OPEC members including Iran, along with non-member Russia, have suggested they were leaning toward a deal to limit output.

  • VIENNA/ DUBAI, Nov 21- OPEC experts have made some progress on the first day of a two-day meeting to nail down details of their plan to cut oil output, OPEC sources said on Monday, with some expressing optimism about the prospect of a final deal. The committee is a technical body comprised mainly of OPEC governors and national representatives- officials who report to...

  • VIENNA/ DUBAI, Nov 21- OPEC experts have made some progress on the first day of a two-day meeting to nail down details of their plan to cut oil output, OPEC sources said on Monday, with some expressing optimism about the prospect of a final deal. The committee is a technical body comprised mainly of OPEC governors and national representatives- officials who report to...

  • STRASBOURG, France- European Central Bank President Mario Draghi speaks at the European Parliament in Strasbourg- 1630 GMT. SYDNEY- Chris Aylmer, head of Domestic Markets, Reserve Bank of Australia speaks at the Australian Securitization Forum 2016. TOKYO- Bank of Japan policy board member Takako Masai speaks to business leaders in Saitama- 0130 GMT.

  • *OPEC members propose Iran cap output at 3.92 mln bpd. NEW YORK, Nov 18- A stronger dollar weighed down oil prices on Friday, but Brent crude was headed for its first weekly gain in five on hopes that OPEC might agree to limit production cuts at the end of the month. Iran has been the main stumbling block for capping production, and while it has not yet responded to the...

  • DOHA, Nov 18- OPEC is moving closer towards finalising this month its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant flexibility on production volumes, ministers and sources said on Friday. On Friday, several OPEC oil ministers including Saudi Arabia's Khalid al-Falih met in Doha on the sidelines of a gas forum.

  • *European stock markets dip, Asia stocks closed down. LONDON, Nov 18- The dollar scaled to its highest level in almost 14 years against a basket of currencies on Friday, while U.S. bond yields were set for the biggest fortnightly rise in 15 years on bets U.S. inflation and interest rates are headed higher. In Asia, MSCI's broadest index of Asia-Pacific shares outside...

  • *Wall Street shares near record high, Asia under pressure. European shares were expected to open marginally higher, with spread-betters looking to rise of 0.3 percent in Germany's DAX and a flat opening for Britain's FTSE. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent to hover just above its four-month low touched...

  • *Wall Street shares near record high, Asia under pressure. TOKYO, Nov 18- Asian share markets weakened on Friday as rising U.S. bond yields carried the dollar to a more than 13-1/ 2 year high against a basket of major currencies, fuelled by expectations that President-elect Donald Trump's policies will lead to higher interest rates. The post-election shift in...

  • *Wall Street shares near record high, Asia under pressure. TOKYO, Nov 18- The dollar vaulted to 13 1/ 2- year highs against a basket of major currencies as U.S. bond yields rose, leaving Asian stocks vulnerable to potential rotation out of emerging markets to the United States. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent in early...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work." Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • NEW YORK- The Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System and the Freelancers Union convene a forum titled "The Evolution of Work". Speakers include William Dudley, president and CEO of the Federal Reserve Bank of New York, and Lael Brainard of the Board of Governors of the Federal Reserve System. NEW YORK- Federal Reserve...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices settled slightly lower on Thursday, then fell as much as 1 percent in the after-market session as a stronger dollar outweighed expectations of an OPEC deal to limit production. Saudi Energy Minister Khalid al-Falih said he was optimistic about OPEC's deal to limit oil output, while...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices rose on Thursday, with U.S. crude briefly rising as much as $1 a barrel, as expectations of an OPEC deal to limit production outweighed oversupply concerns, but a rallying dollar capped gains. Falih said he believed the market was on its way to becoming balanced and that an agreement by OPEC...

  • *Markets oversupplied as OPEC production surges. NEW YORK, Nov 17- Oil prices rose on Thursday, with U.S. crude briefly rising as much as $1 a barrel as expectations of an OPEC deal to limit production outweighed global oversupply concerns, but a rallying dollar capped gains. Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalise a...