Vienna  - Austria's formerly state-run telecommunications provider Telekom Austria on Wednesday reported a 11.9 per cent profit drop to 129.7 million euros (200 million euros) amid speculation over

Vienna - The head of Austria's ailing national carrier Austrian Airlines ba

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its record-breaking climb towards the end of the week, OPEC said on Friday.

One barrel (159 litres) of crudes from OPEC's reference basket stood at 116.93 dollars on Thursday, up 90 cents from the previous day.

On Thursday, OPEC Secretary General Abdalla Salam el-Badri said current high prices were not connected to market fundamentals, as markets remained well supplied.

Vienna  - Crystal-maker Swarovski on Thursday announced plans to cut 280 jobs at its headquarters in Wattens, western Austria, owing to an increasingly difficult market environment.

Vienna  - A Croatian rock star whose songs some view as glorifying the Nazi era has been invited to the Euro 2008 football championship by Austrian far-right politician Joerg Haider.

Vienna - Raiffeisen International, an Austrian operator of banks in Europe's new market economies, boosted first-quarter net profit by 32 per cent on strong growth in the former Soviet Union, the c