Frankfurt - Deutsche Lufthansa AG announced plans Wednesday to take over ailing flag carrier Austrian Airlines AG.
A statement released after a board meeting said the German carrier initially planned to buy a 41.56 per cent stake in the airline from Austrian state holding OeIAG.
This would be increased to 100 per cent at a later stage, the announcement said. OeIAG is to decide on the offer Friday.
Vienna- A project to turn the original Salzburg home of the von Trapp family, featured in the film The Sound of Music, into a hotel was stopped Wednesday by local residents fearing for their peace and quiet.
The town's planning council on Wednesday did not approve the proposal for running a hotel and event location in the villa, after operators could not come to an agreement with locals, who claimed that the hotel would turn into a major tourist destination.
"Reason prevailed," said Manfred Schitter, the head of a local civic group in the quiet, affluent part of Salzburg where the von Trapp family once lived.
Vienna - Austria's new cabinet, led by Social Democratic Chancellor Werner Faymann and conservative Vice Chancellor Josef Proell, took office Tuesday, forming a coalition that has governed the country off and on for more than 35 years since World War II.
President Heinz Fischer swore in Faymann, 48, Proell, 40, and 16 members of the cabinet that is formed by the Social Democratic Party (SPOe) and the centrist conservative People's Party (OeVP).
"I have pointed out that in these economic circumstances, the formation of a stable government is expedient," Fischer said.
Vienna - The daughters of Chinese biochemist and businessman Wo Weihan, who was executed in China last week on espionage charges, said Monday that their father had been forced to make his confession.
Ran Chen and Di Chen, both Austrian citizens, made the claim in an open letter to the Austrian government, which had been fighting to prevent Wo's execution.
"The verdict was made under unclear circumstances, but certainly on the basis of a confession made under violent duress, which was revoked by our father," the women said in the letter.
Frankfurt - Deutsche Lufthansa AG announced plans Wednesday to take over ailing flag carrier Austrian Airlines AG.
Vienna- A project to turn the original Salzburg home of the von Trapp family, featured in the film The Sound of Music, into a hotel was stopped Wednesday by local residents fearing for their peace and quiet.
Vienna - Falling by 3.66 dollars Tuesday, the price for crude oil produced by the Organiz
Vienna - Austria's new cabinet, led by Social Democratic Chancellor Werner Faymann and conservative Vice Chancellor Josef Proell, took office Tuesday, forming a coalition that has governed the country off and on for more than 35 years since World War II. 
Vienna - The daughters of Chinese biochemist and businessman Wo Weihan, who was executed in China last week on espionage charges, said Monday that their father had been forced to make his confession. 
