Europe Top News and Analysis Austria

  • After a steadier 24 hours, the pound slid 0.6 percent to $1.2278 in early trade in London, pushing the Bank of England's trade-weighted index to a nearly-eight-year low of 74.0. Some traders cited a Financial Times report that Russian bank VTB may move its European hub to Frankfurt, Paris or Vienna as having added to worries of financial sector cutbacks in London...

  • LONDON, Oct 11- Global oil supply could fall in line with demand more quickly if OPEC and Russia agree to a steep enough cut in production, but it is unclear how rapidly this might happen, the International Energy Agency said on Tuesday. OPEC, led by Saudi Arabia, agreed last month to cut production to around 32.5 to 33 million barrels per day and Russia has signalled it...

  • LONDON, Oct 11- Sterling fell back below $1.23 on Tuesday, trading down 0.6 percent on day as it continued to suffer from concerns about the economic fallout of Britain's planned exit from the European Union. Some traders cited a Financial Times report that Russian bank VTB may move its European hub to Frankfurt, Paris or Vienna as having added to worries of...

  • LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. OSLO- Norwegian central bank Governor Oystein Olsen speaks at the Centre for Monetary Economics/ BI Norwegian Business School- 0900 GMT.

  • LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. OSLO- Norwegian central bank Governor Oystein Olsen speaks at the Centre for Monetary Economics/ BI Norwegian Business School- 0900 GMT.

  • *Algeria expects non- OPEC "commitments" in Istanbul talks. NEW YORK, Oct 10- Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year high, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non- OPEC producers. "Russia is ready to join the joint measures to cap production and is...

  • *Algeria expects non- OPEC "commitments" in Istanbul talks. NEW YORK, Oct 10- Oil prices jumped as much as 3 percent on Monday, with Brent hitting one-year highs, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non- OPEC producers. "Russia is ready to join the joint measures to cap production and is...

  • *OPEC plans output cut to rein in global oversupply. Yet OPEC- member Iraq says it will raise output. *Doubts about whether non- OPEC member Russia will join deal.

  • *OPEC plans output cut to rein in global oversupply. Yet OPEC- member Iraq says it will raise output. *Doubts about whether non- OPEC member Russia will join deal.

  • *OPEC plans output cut to rein in global oversupply. Doubts about whether non- OPEC member Russia will join deal. SINGAPORE, Oct 10- Oil prices fell on Monday over doubts that an OPEC- led plan to cut output would rein in a global oversupply that has dogged markets for over two years.

  • *Doubts about whether non- OPEC member Russia will join deal. SINGAPORE, Oct 10- Oil prices fell more than 1 percent in early trading on Monday over doubts that an OPEC- led plan to cut output to rein in a global fuel supply overhang would be supported by other producers, including Russia. ANZ bank said that prices were pulled down by a statement by the Russian energy...

  • TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. SYDNEY- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy...

  • ISTANBUL, Oct 9- The oil ministers of Iran and Iraq will not attend informal talks between OPEC and non- OPEC producers in Turkey this week, sources familiar with the matter said on Sunday. OPEC sources and the Russian energy minister had said on Thursday that ministers from the two countries would be among representatives of OPEC states at the meeting in Istanbul,...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial...

  • NEW YORK, Oct 7- OPEC is back in the business of influencing oil prices as Saudi Arabia works with Russia and Iran to limit output, and only "a brave person" would bet against this, oil bull Andy Hall said in his latest investor letter. OPEC declined to cut output two years ago after oil breached $100 a barrel, instead letting the biggest oil market collapse in a...

  • *Oil prices remain over 10 pct up since OPEC announced cuts. *Making non- OPEC members cut "would not make sense"- Brazil. NEW YORK, Oct 7- Oil fell about 1 percent on Friday as players took profits on a rally over the past week that propelled prices nearly 15 percent to four-month highs on hopes of OPEC crude output cuts.

  • NEW YORK, Oct 7- Oil fell more than 1 percent on Friday as players took profit on a rally with little pause over the past week that propelled prices nearly 15 percent to four-month highs on hopes of OPEC crude output cuts. Brent crude was down 63 cents, or 1.2 percent, at $51.88 a barrel by 1:42 p.m. EDT. OPEC is "back in business" of determining oil prices and only a "brave...

  • NEW YORK, Oct 7- Oil fell nearly 2 percent on Friday as players took profit on rally with little pause over the past week that propelled prices nearly 15 percent to four-month highs on hopes of OPEC crude output cuts. Also weighing on the market were fears that U.S. oil rig data due at 1:00 p.m. EDT could show a sizeable rise in drilling activity with prices reaching...

  • NEW YORK, Oct 7- OPEC is back in the business of determining oil prices as Saudi Arabia works with Russia and archrival Iran to achieve output cuts, and only "a brave person" bets against this, closely followed oil bull Andy Hall says in his latest investor letter. "Now Saudi Arabia has declared it wants higher prices and is working with the rest of OPEC- and quite...

  • *OPEC sec-gen says working to develop talks with non-members. DUBAI/ LONDON, Oct 7- OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers. First up, OPEC energy ministers will be meeting each other and Russian officials for...