Breaking News:

RSS FeedFinance, page 9

  • Euro at lowest point in four years
    The Euro fell to 1.2237 against the US dollar this morning (Mon), the lowest exchange rate in four years and three cents lower than late last week.
  • BA predicts growth spurt in second quarter
    Bank Austria is predicting a growth spurt in the second quarter in Austria, thanks in part to more optimism in the industry and among consumers.
  • Minister says weak Euro will promote exports
    People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner said today (Fri) that the depreciation of the Euro against the dollar in the wake of the Greek financial crisis was not totaly bad.
  • Britain refuses to trade with 500 Euro notes
    Austrian travellers have been warned that the 500 Euro note is no longer available in Britain after evidence showed it was used mostly by criminals, British authorities have announced.
  • Huge majority supports financial assistance for Greece
    Eighty-one per cent of Austrians support EU financial assistance for Greece, according to results of a new poll by the Klagenfurt Human Institute released today (Weds).
  • Oberbank to buy back 56,000 shares
    Oberbank AG announced today (Tues) it would buy back 56,000 of its shares between 18 and 21 May after shareholders gave he go ahead at their annual meeting yesterday.
  • Pröll calls for better EU decision-making
    People’s Party (ÖVP) Finance Minister Josef Pröll has called for better EU decision-making in the wake of last weekend’s last-minute agreement on a Euro-zone stability package.
  • VIG to sell interest in Porr to Turkish group
    The Vienna Insurance Group (VIG or Wiener Städtische) has agreed to sell an interest in Austrian construction firm Porr to the Turkish Renaissance Group, according to Der Standard.
  • Linz Textile reports much better results
    Linz Textil AG today (Tues) reported much better results for the first quarter of 2010.
  • Faymann welcomes Euro-zone stability package
    Social Democratic (SPÖ) Chancellor Werner Faymann has welcomed yesterday’s (Sun) Euro-zone stability pact and called for strong measures against speculators.
  • Vienna looks to China
    Vienna is looking to China as a future market for city exports in view of its status as one of the most-promising future markets in the world.
  • InterSky begins service to Dusseldorf
    Vorarlberg airline InterSky has acquired a fifth aircraft and would begin twice daily service on work days today from its home airport Friedrichshafen in Baden-Wurttemberg to Dusseldorf, Germany, it announced today (Mon).
  • Pröll wants banks on board in helping Greece
    Austrian People’s Party (ÖVP) Finance Minister Josef Pröll has said he is planning to get banks on board to help financially struggling Greece.
  • Banca Transilvania to list on WBAG
    Romanian bank Banca Transilvania (BT) is going to list on the Vienna Stock Exchange (WBAG) after shareholders' approval of the move.
  • BCR's Q1 net profit slumps
    Austrian Erste Group's Romanian subsidy Banca Comerciala Romana (BCR) had a decline of 26.4 per cent in net profit in the first quarter of this year, according to company data released today (Fri).
  • Erste's BCR first bank to drops early repayment loan fee
    Austrian Erste Group's subsidiary Banca Comerciala Romana (BCR) announced it has dropped the early repayment fee for newly contracted bank loans if they are without guarantees and with variable interest.
<<< | << | 1 | 2 | 3 | ... | 9 | ... | 12 | >> | >>>
Cosmo and Nanu