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Austria

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  • Austrian central banker suspended in bribe case Tuesday, 18 Jun 2013 | 7:37 AM ET

    VIENNA, June 18- Austria's central bank suspended its deputy governor on Tuesday while it reviews charges that he turned a blind eye toward shady banknote printing contracts with Azerbaijan and Syria in deals that got him and eight others indicted last week.

  • UPDATE 1-Austrian central banker charged in bribe case Thursday, 13 Jun 2013 | 11:08 AM ET

    *Suspicion of kickbacks to officials in Azerbaijan, Syria. VIENNA, June 13- Vienna prosecutors charged nine people, including the deputy governor of the Austrian National Bank, on Thursday over suspected bribes in banknote contracts with Azerbaijan and Syria.

  • BOR, Serbia/ LONDON, June 13- Serbia's mining sector, stagnant since the wars that tore Yugoslavia apart in the early 1990 s, looks set for a revival as volatile commodity prices increase the allure of countries in Europe with established infrastructure and skilled labour.

  • ZURICH, June 12- Prince Max von und zu Liechtenstein, chief executive of Liechtenstein's biggest bank LGT, said it was striking how fast opinions on tax evasion had shifted since 2008, when stolen data revealed hundreds of Germans had hidden assets in the principality.

  • BERLIN, June 11- Floods that have devastated parts of southern and eastern Germany could briefly impede growth in Europe's biggest economy, an industry body said, while ratings agency Fitch said the economic cost could be as high as 12 billion euros.

  • *Mondelez looking to tap premium coffee market. *Mondelez forecasts $1 bln of sales for Tassimo machine. ZURICH, June 11- Mondelez International, the world's second-biggest coffee maker, is going head to head with larger rival Nestle by launching capsules compatible with its Nespresso system to steal a share of the premium coffee market.

  • *Widmer-Schlumpf ejected from powerful SVP. ZURICH, June 11- Switzerland's Eveline Widmer-Schlumpf, a lone woman in the male bastion of Swiss finance, is short of friends as she seeks to end the country's reputation as a haven for tax cheats, but has a track record of getting her own way.

  • VIENNA/ BRUSSELS, June 7- Europeans reacted angrily on Friday to revelations that U.S. authorities had tapped the servers of Internet companies for personal data, saying such activity confirmed their worst fears about American Web giants' reach and showed tighter regulations were needed.

  • US surveillance revelations deepen European fears Friday, 7 Jun 2013 | 3:07 PM ET

    VIENNA/ BRUSSELS, June 7- Europeans reacted angrily on Friday to revelations that U.S. authorities had tapped the servers of internet companies for personal data, saying they confirmed their worst fears about American Web giants and showed tighter regulations were needed.

  • Reuters World News Highlights at 1945 GMT, Jun 06 Thursday, 6 Jun 2013 | 5:55 PM ET

    BEIRUT- Austria said on Thursday it would pull out of a U.N. force on the Golan Heights after battles between Syrian troops and rebels there, in a blow to a mission that has kept the Israeli-Syrian war front quiet for 40 years.

  • *Austria says will quit U.N. force because of violence. BEIRUT, June 6- Austria said on Thursday it would pull out of a U.N. force on the Golan Heights after battles between Syrian troops and rebels there, in a blow to a mission that has kept the Israeli-Syrian war front quiet for 40 years.

  • VIENNA, June 6- The central and eastern European banking empire that Herbert Stepic forged at Austrian lender Raiffeisen may be the casualty of a power struggle at the group exposed by his sudden exit.

  • Poland, Austria Exchange Tie-Up Nearing Solution Thursday, 6 Jun 2013 | 2:12 AM ET

    Despite cooling of talks between Austria and Poland about a possible merger of their two stock exchanges, CEO of the Warsaw index has given his strongest hint yet that a deal is drawing closer.

  • VIENNA, June 6- The supervisory board of Raiffeisen Bank International meets on Friday to select a successor for Chief Executive Herbert Stepic, who resigned last month.

  • VIENNA, June 6- The central and eastern European banking empire that Herbert Stepic forged at Austrian lender Raiffeisen may be the casualty of a power struggle at the group exposed by his sudden exit.

  • APNewsBreak: Iran's reactor said damaged by quakes Wednesday, 5 Jun 2013 | 12:04 PM ET

    Several countries monitoring Iran's nuclear program have picked up information that the country's only power-producing nuclear reactor was damaged by one or more of several recent earthquakes, with long cracks appearing in at least one section of the structure, two diplomats said Tuesday.

  • AMSTERDAM/ AMMAN, June 5- Syria, defeated by Israel in three wars and afraid its arch enemy had gained a nuclear arsenal, began in earnest to build a covert chemical weapons programme three decades ago, aided by its neighbours, allies and European chemical wholesalers.

  • Yoox sees rise in smartphone fashion shopping Tuesday, 4 Jun 2013 | 11:45 AM ET

    VIENNA, June 4- Online fashion retailer Yoox expects roughly half of its customers will be browsing on smartphones and tablets for dresses, shoes and other accessories within three years as they grow more comfortable with Internet shopping.

  • TOKYO, June 4- Japan's Nikkei share average climbed more than 2 percent to mark its biggest one-day rise in three weeks on Tuesday, as investors scooped up battered stocks such as financials, which had fallen from recent peaks into bear market territory.

  • GENEVA, June 3- Switzerland has no choice but to bow to a U.S. ultimatum and sidestep its banking secrecy laws to end an investigation into how Swiss banks helped wealthy Americans to evade taxes, former Deutsche Bank head Josef Ackermann said.

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