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  • *America Movil takes operational control of Telekom Austria. VIENNA, April 24- Mexican tycoon Carlos Slim plans to use Telekom Austria as a base to build a European telecommunications network after sealing an eleventh-hour deal with the Austrian state to take control of the company.

  • New Ukraine worries hit German DAX and European equities Thursday, 24 Apr 2014 | 10:18 AM ET

    *Alstom surges on GE bid speculation. German and Austrian companies are among the most exposed in Europe to Russia and Ukraine, and the DAX fell 1.2 percent while Vienna's benchmark ATX equity index declined by 0.9 percent.

  • Austrian architect Hans Hollein dies at 80 Thursday, 24 Apr 2014 | 9:02 AM ET

    VIENNA— Austrian architect and designer Hans Hollein, a winner of the prestigious Pritzker Architecture Prize whose work ranged from big museums through tiny shops to furniture and sunglasses, has died. A spokeswoman for Hollein's family, Dorothea Apovnik, said he died in Vienna Thursday after a long illness.

  • Oil falls as US oil supplies rise by 3.5M barrels Wednesday, 23 Apr 2014 | 1:02 AM ET

    By early afternoon in Europe, U.S. crude for May delivery was down 22 cents to $101.53 a barrel in electronic trading on the New York Mercantile Exchange. The report from the Energy Department's Energy Information Administration— the market benchmark— will be out later Wednesday.

  • VIENNA, April 17- Iran has acted to cut its most sensitive nuclear stockpile by nearly 75 percent in implementing a landmark pact with world powers, but a planned facility it will need to fulfil the six-month deal has been delayed, a U.N. report showed on Thursday.

  • VIENNA, April 17- Iran is complying with the terms of last year's interim nuclear agreement with six world powers and is continuing to reduce its most sensitive uranium stockpile, a monthly update from the U.N. atomic agency obtained by Reuters showed on Thursday.

  • Hypo bank woes poison the mood in Austria Wednesday, 16 Apr 2014 | 4:58 AM ET

    VIENNA, April 16- Hypo Alpe Adria, the state bank whose woes will swell Austria's debt and deficits this year, is morphing into a national bogeyman for a country fed up with the lender's chronic need for support and policymakers' failure to resolve the issue.

  • STRASBOURG, April 15- European lawmakers finally signed off on Tuesday on new laws to make it easier to shut problem banks after long wrangling over rules for an industry blamed for triggering the worst economic slump in a generation.

  • Oil price up past $104 amid Ukraine tensions Monday, 14 Apr 2014 | 4:20 AM ET

    The price of crude oil was volatile around $104 a barrel on Monday amid escalating tensions in Ukraine. By early afternoon in Europe, benchmark U.S. crude for May delivery was down 11 cents to $103.63 a barrel in electronic trading on the New York Mercantile Exchange.

  • KIEV/ MOSCOW, April 11- Russian President Vladimir Putin tried to ease European fears of gas supply cuts on Friday after Brussels said it would stand with the new authorities in Kiev if the Kremlin carries out a threat to turn off the tap to Ukraine.

  • NEW YORK, April 11- U.S. crude oil rose on Friday, lifted by a positive consumer confidence report that indicated strength in the U.S. economy, while Brent was pulled higher by traders covering short positions before the weekend in case ties with Russia worsened.

  • KIEV, April 11- Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies.

  • LONDON, April 11- Brent oil futures dipped towards $107 a barrel on Friday following a weaker outlook for 2014 global demand growth from the International Energy Agency and due to expectations that more Libyan crude will reach the market next week. Brent crude was down 29 cents at $107.17 a barrel by 0927 GMT after settling 52 cents lower on Thursday.

  • LONDON- Global equities slip to a two-week low, with an escalating selloff on Wall Street led by technology and biotech shares on concerns of stretched valuations spreading to Asia and Europe. Co-op Bank confident of raising funds to secure future.

  • LOS ANGELES/ LONDON April 11- Doctors at a key medical conference welcomed the prospect of more new drugs to treat the liver-destroying hepatitis C virus, while agreeing that Gilead Sciences Inc continues to lead the effort.

  • DUBAI, April 9- Supreme leader Ayatollah Ali Khamenei said on Wednesday he had authorised nuclear talks with world powers including arch-foe the United States just to prove Iran's peaceful intentions, but Tehran would not be bullied and would not stop atomic research.

  • DUBAI, April 9- Iran should continue talks with world powers to end a long-running nuclear dispute, but without ceding any of the gains made by its nuclear programme, the Islamic Republic's Supreme Leader was reported as saying on Wednesday.

  • LONDON, April 9- The World Health Organisation wants a "concerted effort" to drive down the cost of new hepatitis C drugs that offer a cure for the liver-destroying virus but are unaffordable for most infected people worldwide.

  • *U.S. says Moscow behind separatists in eastern Ukraine. Fresh unrest in eastern Ukraine provided background support for Brent as traders worried that heightened tensions between Moscow and the Western powers might interrupt oil supply from Russia, one of the world's top oil exporters.

  • *U.S. says Moscow behind separatists in eastern Ukraine. Fresh unrest in eastern Ukraine provided background support for Brent as traders worried that heightened tensions between Moscow and the Western powers might interrupt oil supply from Russia, one of the world's top oil exporters.

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