Edition:
United States

Kirsti Knolle

ProSiebenSat.1 dismisses Mediaset takeover speculation

Apr 11 2019

VIENNA German media group ProSiebenSat.1 ruled out a takeover by Italian broadcaster Mediaset on Thursday, dismissing recent speculation, and added it had not been approached by other interested parties.

Pilot-less air taxi takes off in Vienna demonstration flight

Apr 04 2019

VIENNA As carmakers push ahead with self-driving vehicles, an Austrian aerospace company and its Chinese partner showed off their pilot-less "flying taxi" for the first time in Europe on Thursday. | Video

Romania's Black Sea gas projects hanging by a thread

Apr 01 2019

BUCHAREST Romania's new energy regulations risk undermining plans by companies to develop big offshore gas projects in the Black Sea, putting billions of dollars of revenue at risk and squandering a chance to challenge Russia's Gazprom in the region.

Deutsche Telekom open to data cooperation to boost security

Mar 26 2019

VIENNA Deutsche Telekom is open to exchanging data with other operators to improve network security as the industry moves towards super-fast 5G technology, the head of its European business said on Tuesday.

Apple supplier AMS agrees joint venture for environmental sensor business

Mar 19 2019

VIENNA Austrian chipmaker AMS AG has agreed a joint venture for its environmental sensor business with private equity fund Wise Road Capital, effectively offloading the unit as part of its plan to focus on other business segments.

Raiffeisen Bank wegen Geldwäsche-Vorwürfen im Visier der Behörden

Mar 05 2019

Wien Die Wiener Raiffeisen Bank International (RBI) ist im Zusammenhang mit Geldwäsche-Vorwürfen rund um die früheren litauische Bank Ukio Bankas ins Visier der Behörden geraten.

Amazon faces probe into treatment of sellers in Austria

Feb 14 2019

VIENNA Austria's competition authority has begun investigating whether Amazon is exploiting its market dominance in relation to other retailers that use its website as a marketplace, it said on Thursday.

CORRECTED-INTERVIEW-Aeroplane parts maker FACC scouts for takeovers and ramps up Brexit production

Feb 08 2019

VIENNA, Feb 1 Austrian aeroplane parts maker FACC is ready to spend 500 million euros ($572 million) on acquisitions to make it less dependent on suppliers, add new technologies and strengthen its core business, its chief executive said.

Steelmaker Voestalpine tones down expectations after third-quarter loss

Feb 07 2019

VIENNA Specialty steelmaker Voestalpine expects further downward pressure on earnings from a slowing European economy, it said on Thursday after a swing to a quarterly loss knocked 5 percent off its share price.

CORRECTED-(OFFICIAL)-UPDATE 2-Steelmaker Voestalpine tones down expectations after Q3 loss

Feb 07 2019

VIENNA, Feb 7 Specialty steelmaker Voestalpine expects further downward pressure on earnings from a slowing European economy, it said on Thursday after a swing to a quarterly loss knocked 5 percent off its share price.

World News