Vienna is among the worlds top 25 cities in spending power, a global study has found.Swiss bank UBS announced today (Thurs) that Vienna had retained 24th place in its international spending power survey. The institute added that the Swiss cities of Zurich and Geneva were in first and second places, respectively, ahead of New York, […]
Soaring flat rent rates and car fuel prices have kept the Austrian inflation level from declining more significantly year on year than by just 0.2 per cent, new research has shown.State agency Statistik Austria announced today (Weds) the inflation rate was 1.9 per cent last month, down by 0.2 per cent compared to August 2009 […]
Telekom Austria (TA) continues to invest in Eastern Europe (EE) as it announced the acquisition of two Bulgarian companies today (Weds).Hannes Ametsreiter, general director of the firm, which dominates the Austrian mobile services market, announced TAs subsidiary Mobiltel bought a 100 per cent interest in Spectrum Net AD and Megalan Network AD for 72 million […]
Melissa Auf der Maur will perform in Vienna later this year.Britishrock.cc reports today (Weds) that the Canadian virtuoso who sings and plays both guitar and bass was set to rock the Szene on 1 December.The former Hole members eponymous solo debut album, which was released in 2004, received critical acclaim. Her follow-up, called […]
US pop stars One Republic will perform in Vorarlberg in December, it was confirmed today (Tues).The five-member band from Colorado will rock the Event.Center Hohenems on 2 December, according to a report by Britishrock.cc.The group fronted by Ryan Tedder had a global hit with “Apologize” in 2007. The song peaked the charts in more than […]
A pensioner has died after he slipped while spending a penny close to a riverbank.Police in Peggau, Styria, said today (Tues) the 68-year-old had probably lost his balance while relieving himself on top of an embankment at the local Hammerbach creek.The mans body was discovered floating in the 40-centimetre deep water by a pedestrian last […]
Austrias best-paid manager is to work for oligarch Oleg Deripaska, it has emerged.Austrian-Canadian car parts manufacturer Magna announced today (Mon) co-chief Siegfried Wolf had decided not to extend his contract but to join OJSC Russian Machines.The Styrian will head the supervisory board of the company which one of Russias largest industrial holdings.Wolf has been working […]
An Austrian is to head a new university in Oman.Johann Günther will become headmaster of the University of Buraimi which opens next month, it was announced today (Mon).The institute will start with a “test year” offering courses to around 300 students in October before around 10,000 people can sign up for lectures from autumn 2011.An […]
Greens MP Peter Pilz has claimed one to two million Euros was a “realistic” amount of financial compensation for kidnap victim Natascha Kampusch.The politician caused a stir some weeks ago by publishing top secret police files suggesting that authorities attempted to cover up investigation blunders into the abduction case.The documents show that investigators failed to […]
Ten per cent of Austrians struggle to make ends meet, according to a new survey.Pollsters IFES and SORA who carried out the study for the Upper Austrian Labour Chamber (AKOÖ) announced today (Fri) that one in 10 Austrians (350,000) said they were unable to get along on what they earned. The agencies stressed […]