GO
Loading...

Austria

More

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • *One named bank- Austria's Erste- denies report. MADRID/ VIENNA, Oct 22- The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower. Austria's Erste Group rejected the report from Spanish...

  • BRUSSELS, Oct 21- Russia and Ukraine aim to resolve an impasse over natural gas supplies as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner. Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's Crimea...

  • BRUSSELS, Oct 21- Russia and Ukraine aim to resolve an impasse over natural gas supplies on Tuesday as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner. Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy economic...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell below $86 a barrel on Monday as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude resumed its decline on Monday, dropping below $86 a barrel as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated...

  • UPDATE 4-Oil slips below $86 on global oversupply Monday, 20 Oct 2014 | 7:58 AM ET

    *OPEC ministers due to meet in Vienna on Nov. 27. Abundant global oil supplies, particularly of very high quality, light oil, coupled with a gloomy economic outlook from Europe to China pushed Brent last week below $83, to its lowest since 2010. Oil prices are down more than 25 percent since June. Saudi Arabia, Kuwait and Iran have all indicated reluctance to change...

  • CARACAS, Oct 17- Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover. Venezuela routinely underestimates oil prices when planning its budget to permit more spending later with fewer budget restrictions.

  • *Weidmann says Germany does not need stimulus. RIGA/ VIENNA, Oct 17- European Central Bank policymakers clashed on Friday over what policy medicine to administer to the sickly euro zone economy, laying bare deep-seated tensions within the Governing Council. Bundesbank President Jens Weidmann said he saw no need for fiscal stimulus in Germany, rejecting a...

  • The Tehran Stock Exchange is "the last, large untapped emerging market in the world", said Ramin Rabii, managing director of Turquoise Partners, a Tehran- based investment firm with around $200 million of assets under management. Talks between Iran and world powers in Vienna this week aim to reach a deal on Tehran's disputed nuclear programme.

  • India's Jan-Sept Iran oil imports up 38 pct y/y -trade Wednesday, 15 Oct 2014 | 2:37 AM ET

    *India's total Sept oil imports drop 1.9 pct y/y- trade. NEW DELHI, Oct 15- India's oil imports from Iran rose 38 percent in the first nine months of the year as shipments surged with an easing of Western sanctions over Tehran's suspected nuclear activities, tanker arrival data obtained from trade sources shows. Diplomats from the United States, the European Union...

  • LONDON, Oct 14- OPEC is unlikely to call an emergency meeting as proposed by Venezuela, two OPEC sources said on Tuesday, a sign the exporter group is in no rush to discuss a collective response to the sharp drop in oil prices. But the suggestion has met with a cool response from others in OPEC, which appears split on what action if any should be taken to halt the slide.

  • *OPEC unlikely to cut output to support prices- Kuwait. SINGAPORE/ SEOUL, Oct 13- Global oil futures lost more than a dollar on Monday after Saudi Arabia and Kuwait signalled a willingness to bear with lower prices to defend market share, although better-than-expected trade data from China pared the losses. Contrary to market expectations, Kuwait said OPEC was...

  • *OPEC unlikely to cut output to support prices- Kuwait. SINGAPORE/ SEOUL, Oct 13- Global oil futures lost more than a dollar on Monday after Saudi Arabia and Kuwait signaled ample supplies and their willingness to bear lower prices to defend market share, although better than expected trade data from China pared oil's losses. Contrary to market expectations, OPEC...

  • DUBAI/ KUWAIT, Oct 12- OPEC is unlikely to cut oil production in an effort to prop up prices because such a move would not necessarily be effective, Kuwait's oil minister Ali al-Omair was quoted as saying by state news agency KUNA on Sunday. "I don't think today there is a chance that countries would reduce their production, especially since the target that OPEC has...

  • *OPEC leaves 2014, 2015 demand forecasts steady. *OPEC delegate says Saudi Arabia should cut its output. LONDON, Oct 10- Top oil exporter Saudi Arabia told OPEC it raised its oil production in September by 100,000 barrels per day, adding to signs it has yet to respond to a drop in prices well below $100 a barrel by trimming output.

  • Iran and the six- the United States, France, Germany, China, Russia and Britain- hope that resolving the more-than-decade-long nuclear standoff with Iran will reduce regional tensions and alleviate the risk of another war in the Middle East. Top diplomats of the United States, Iran and the European Union will meet in Vienna next week to work on a comprehensive deal...

  • MOSCOW, Oct 10- South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western sanctions, sources familiar with the deal said. The tankers will be bought by Gazprom Neft's Austria- based subsidiary Gazprom Neft Trading, one of the sources told Reuters.

  • Brent for November delivery was down 41 cents at $90.97 by 1200 GMT, having fallen to $90.83 earlier. The front-month contract fell as low as $90.57 on Wednesday, the lowest since June 2012, before recovering to close at $91.38- still down 73 cents. November crude lost 12 cents to $87.19 after closing $1.54 down in the previous session, during which it hit its lowest...