Austria

World’s most expensive diamond-encrusted mobile comes with a £1.8m price tag!

Diamond MobileLondon, Jan 8 : An Austrian jeweller has given `bling bling' a new

OPEC oil price rises above 46 dollars

OPEC LogoVienna - The price for oil produced by the Organization of the Petroleum Exporting Countri

Kiev: Russia has halted all gas deliveries to Western Europe

Kiev: Russia has halted all gas deliveries to Western EuropeMoscow/Kiev - Russia has halted all supplies of gas to Western European customers in an escalation of the energy dispute between Moscow and Ukraine, a spokesman for Ukrainian gas monopoly Naftogaz said on Thursday morning.

The Naftogaz statement, reported by the Interfax agency, came after Austrian Economy Minister Reinhold Mitterlehner told local radio on Wednesday that his country had received no supplies from Russia via Ukraine overnight.

Loitzl upsets favourites for Four Hills triumph

Loitzl upsets favourites for Four Hills triumph Bischofshofen, Austria  - Austrian Wolfgang Loitzl soared to a stunning Four Hills ski-jumping triumph when he again left the pre-tournament favourites in his wake to clinch the title on Tuesday.

Loitzl had the 25,000-strong home crowd in Bischofshofen in raptures with huge jumps of 142.5 metres and 141.5 metres to complete a hat-trick of victories in the annual four-round event.

It sealed a commanding tournament victory for 28-year-old Loitlz who had not won a World Cup event in his career until winning the second round in Garmisch-Partenkirchen, Germany.

Loitzl clinches Four Hills title

Loitzl clinches Four Hills titleBischofshofen, Austria - Austrian Wolfgang Loitzl clinched the Four Hills ski-jumping tournament after his third straight victory in the last of the four rounds on Tuesday.

Loitzl, 28, landed jumps of 142.5 metres and 141.5 metres before jubilant home fans in Bischofshofen to leave Swiss hope Simon Ammann trailing second and fellow Austrian Gregor Schlierenzauer third overall.

It was Austria's first Four Hills crown since Andreas Widhoelzl won the 1999-00 edition.

Russia cuts 90 per cent of gas supply to Austria

Vienna - Russia cut its supply of natural gas to Austria by 90 per cent Monday night, Austrian oil and gas supplier OMV AG said Tuesday.

The reduction came amid Ukraine's conflict with Russian state gas company Gazprom, which pipes its gas to Western Europe through the Ukraine.

OMV would be able to keep up its delivery to end customers by using its stock of 1.7 billion cubic metres, the company said.

"That way, the supply situation is secured," said Werner Auli, one of OMV's chief executives.

However, the amount of natural gas piped from Austria to Hungary fell on Tuesday, illustrating the effects of the spat between the Ukraine and Russia.

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