Vienna - The price for oil produced by the Organization of the
Petroleum Exporting Countries (OPEC) slid below the 40-dollar mark for
the second time this month on Thursday, despite the cartel's announced
production cut, OPEC said Friday.
The basket price for crude oil produced by OPEC stood at 39.48
dollars per barrel (159 litres) Thursday, 1.47 dollars less than on the
previous day, the Vienna-based organisation said.
OPEC's oil price fell in line with international crude prices. Oil
Vienna - Alfred Brendel, considered one of the most famous pianists, ended his career Thursday evening to standing ovations, after playing his last concert in Vienna's Musikverein concert hall.
Together with the Vienna Philharmonics conducted by Sir Charles Mackerras, the 77-year-old Austrian musician performed Mozart's piano concerto No. 9, "in his usual unpretentious, humble manner, without airs and graces," Austrian news agency APA wrote.
Vienna - Austrian steelmaker voestalpine AG announced Thursday it would defer indefinitely a decision to build a steel factory on the Black Sea, citing the uncertain business outlook.
The company was planning to double its production capacity by building a plant in Bulgaria, Romania, Turkey or the Ukraine, which would be capable of turning out some
5 million tons of steel per year.
Vienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose by only 21 cents Wednesday, as the cartel decided to cut production by 2.2 million barrels per day.
One barrel (159 litres) of crude produced by OPEC stood at 40.95 dollars Wednesday, the Vienna-based organization announced Thursday.
After the meeting of OPEC oil ministers in Oran, Algeria, on Wednesday, the cartel's President Chakib Khelil said he hoped that the oil price would "evolve in due time to 70 to 80 dollars per barrel" as a result of the cut.
Vienna - Austria's government decided Tuesday to take over debts worth 500 million euros (657 million dollars) of Austrian Airlines AG, as one of the necessary steps to complete the carrier's takeover by Deutsche Lufthansa AG.
In addition, the government approved an interim loan worth 200 million euros for the ailing flag carrier, which expects to end the year with a net loss of up to 415 million euros.
Vienna - By finishing his bachelor's degree in computer science at the age of 16, Marian Kogler has become Austria's youngest graduate, the Vienna University of Technology announced Tuesday.
When Kogler entered university at the age of 13, he received "consistently surprised and positive reactions" from fellow students, he told Deutsche Presse-Agentur dpa.
"Over time, one gets used to being the youngest," he said.
Vienna - The price for oil produced by the Organization of the
Vienna - Alfred Brendel, considered one of the most famous pianists, ended his career Thursday evening to standing ovations, after playing his last concert in Vienna's Musikverein concert hall.
Vienna - Austrian steelmaker voestalpine AG announced Thursday it would defer indefinitely a decision to build a steel factory on the Black Sea, citing the uncertain business outlook.
Vienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose by only 21 cents Wednesday, as the cartel decided to cut production by 2.2 million barrels per day.
Vienna - Austria's government decided Tuesday to take over debts worth 500 million euros (657 million dollars) of Austrian Airlines AG, as one of the necessary steps to complete the carrier's takeover by Deutsche Lufthansa AG.
Vienna - By finishing his bachelor's degree in computer science at the age of 16, Marian Kogler has become Austria's youngest graduate, the Vienna University of Technology announced Tuesday.
