Austria

OPEC says oil price drops 4 dollars

OPEC says oil price drops 4 dollarsVienna - The oil cartel OPEC said Friday th

OPEC oil price rises more than one dollar

OPEC oil price rises more than one dollar Vienna - OPEC said Thursday t

OPEC crude price starts the week up at 59.03 dollars

Organization of the Petroleum Exporting CountriesVienna -

Austria nationalizes troubled bank

Austria nationalizes troubled bankVienna  - Austria on Monday nationalized a troubled bank for the first time since the global financial crisis hit, paying a token 2 euros (2.55 dollars) to rescue the nation's eighth-largest lender.

Kommunalkredit Austria, which expanded into Central and Eastern Europe in recent years, was sold to the Austrian government by Austrian financial company Oesterreichische Volksbank AG and French-Belgian group Dexia, the banks said in statements.

Report: Moamer Gaddafi paid ransom to free Austrian hostages

Libyan strongman Moamer GaddafiAlgiers/Paris - Libyan strongman Moamer Gaddafi paid a ransom to free two Austrians kidnapped by Islamic militants in Tunisia, the Algerian daily Liberte reported on Monday.

According to the report, Gaddafi paid between 3 million and 5 million euros (3.85 million - 6.41 million dollars) to members of the terrorist group al Qaeda in the Islamic Maghreb, who were holding the hostages, Wolfgang Ebner and Andrea Kloibner, in northern Mali.

OPEC crude price falls to 57.65 dollars

Organization of the Petroleum Exporting CountriesVienna - The price for

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