×

Europe Top News and Analysis Austria

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • It will pit one group of researchers associated with the Broad Institute, affiliated with the Massachusetts Institute of Technology and Harvard University, against another group linked to the University of California at Berkeley and the University of Vienna in Austria. The latter team, led by Berkeley's Jennifer Doudna and Vienna's Emmanuelle...

  • *Brent up 19 pct, WTI up 16 pct since OPEC deal on Nov. 30. *Iran to attend producers' meeting in Vienna. NEW YORK, Dec 5- U.S. crude futures strengthened Monday before retreating in post-settlement trade as the market lost confidence OPEC cuts would be sufficient to reduce oversupply given increased U.S. drilling.

  • MEXICO CITY, Dec 5- Mexico will attend the upcoming Organization of the Petroleum Exporting Countries meeting in Vienna, Mexico's Energy Minister Pedro Joaquin Coldwell said on Monday. The meeting, between OPEC members and other oil producers, is set to take place on December 10. Joaquin Coldwell was speaking on the sidelines of a historic deep water oil tender...

  • *Brent up 19 pct, WTI up 16 pct since OPEC deal on Nov. 30. NEW YORK, Dec 5- Crude rose above $55 a barrel to hit a 16- month high on Monday as rising prospects of a tightening market after last week's OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices. "OPEC sentiment continues to support oil markets.

  • Dec 5- The following table shows OPEC crude oil output in millions of barrels per day in November and October, according to a Reuters survey published on Monday. The survey indicates output from the Organization of the Petroleum Exporting Countries rose by 370,000 bpd in November, led by Angola and smaller increases in nations including Nigeria, Libya, Iran and...

  • TOKYO/ VIENNA, Dec 5- Japan's Panasonic Corp may buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said. A spokeswoman for Austria- based ZKW dismissed the idea of a sale to Panasonic as "an old rumour", adding ZKW was not negotiating with Panasonic or other potential...

  • *Brent up 19 pct, WTI up 16 pct since OPEC deal on Nov. 30. LONDON, Dec 5- Brent crude oil rose above $55 a barrel on Monday, trading at a 16- month high, on rising prospects of a tightening market after OPEC agreed a landmark deal to cut production last week. "OPEC sentiment continues to support oil markets.

  • Populists in Europe will loose: Moscovici

    European Commissioner for Economic Affairs Pierre Moscovici discusses populism in Europe, saying that "European values are stronger than they believe."

  • MOSCOW, Dec 5- Azeri Energy Minister Natiq Aliyev plans to visit Vienna on Dec. 10 to take part in a meeting between OPEC and non- OPEC nations, the Azeri energy ministry said on Monday. Non- OPEC nations are expected to contribute an output cut of 600,000 barrels per day as a part of a wider agreement with OPEC. The document finalising the agreement is due to be signed in...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meetings? Saudi officials have long stated that it would only be possible to reach an OPEC agreement once Iran had normalized its output following the...

  • LONDON, Dec 5- OPEC will meet non- OPEC countries to finalize a global oil output-limiting pact on Dec. 10 in Vienna, the first such meeting since 2002, OPEC's secretary general said on Monday. The Organization of the Petroleum Exporting Countries agreed last week to reduce oil output by around 1.2 million barrels per day beginning in January in a bid to reduce...

  • Hofer’s image makeover damaged his appeal: Professor

    Oliver Rathkolb, professor of contemporary history at University of Vienna, reveals the main reasons why Austria voted in former Greens leader Alexander Van der Bellen.

  • Austrians would not vote to leave the EU: Professor

    Was the Austrian election a ‘litmus test vote’ on the European Union? Oliver Rathkolb, professor of contemporary history at University of Vienna, explains why he believes so.

  • Worry over Trump effect in Europe: Economist

    There is anxiety over how European voters will respond in the wake of the U.S. election, says Bart van Ark at The Conference Board.

  • DUBAI, Dec 3- OPEC will meet non- OPEC countries to finalise a global oil limiting pact on Dec. 10 in Vienna, two sources told Reuters on Saturday. Two OPEC sources earlier said the meeting was due to take place in the Russian capital Moscow, but later said that plan had changed. OPEC agreed this week to reduce output by around 1.2 million barrels per day beginning in...

  • Dudley: Political situation in Europe so messy, makes spaghetti look tidy

    Katrina Dudley, Franklin Mutual European Fund, weighs in on Europe’s political battleground, including the upcoming Italian referendum.