Austria

Bianca Jagger loses ring worth 200,000 euros in Salzburg

Vienna  - It was an expensive trip to Salzburg for human rights activist Bianca Jagger, as she lost a ring worth 200,000 euros (293,000 dollars) to the city last weekend, Austrian media reported Wednesday.

Jagger, in town for the Salzburg Festival, asked police officers to help her look for her platinum ring with a 15-millimetre aquamarine which she believes she lost near her hotel, the Salzburger Nachrichten newspaper wrote.

According to Austrian law, the finder of the jewellery is entitled to a reward of 10,100 euros, or around 5 per cent of its value.

However, a staff member of Hotel Schaffenrath told Deutsche Presse-Agentur dpa that so far, no one had come searching for the ring outside the hotel where Jagger stayed.

OPEC crude price stable at 110.51 dollars

Higher sales, less profit for Austrian steelmaker voestalpine in Q1

Vienna- Austrian steelmaker voestalpine AG reported lower profits in its first business quarter of 2008 on Wednesday, as the consolidation of its specialized steel division outweighed rising revenues.

Net profit for the period from April to June was down 0.7 per cent to 240.3 million euros (352.6 million dollars), the company said.

Not taking into account the consolidation of Boehler-Uddeholm, which was acquired in 2007, first-quarter net profit stood at 304.6 million euros, up from 242.1 million euros in the same period last year.

Operating profit rose to 357.7 million euros, an increase of 13.8 per cent.

OPEC crude price plummets four dollars

OPEC crude price jumps 3.86 dollars on Thursday

OPEC crude price jumps 3.86 dollars on ThursdayVienna  - Rising 3.86 dollars on Thursday, the price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) jumped back above the
110-dollar-mark, data issued by OPEC showed on Friday.

One barrel (159 litres) of OPEC-produced crude stood at 113.63 dollars Thursday, compared with 109.77 dollars on the previous day.

Oil prices were pushed by concerns about rising tensions between the United States and oil producer Russia, Vienna-based energy consultants JBC said.

OPEC crude price rises to 109.77 dollars

OPEC crude price rises to 109.77 dollarsVienna  - The price for crude oil

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