Austria

OPEC crude hovers just below 110 dollars

Vienna - Organization of the Petroleum Exporting CountriesThe price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its climb and was hovering just below the 110-dollar mark, OPEC said on Wednesday.

One barrel of crude oil from OPEC's reference basket stood at yet another record high of 109.92 dollars on Tuesday, up 99 cents from the previous day.

Hopes for OPEC to increase production in the near future were dashed as OPEC Secretary General Abdalla Salem el-Badri ruled out an extraordinary meeting until the next regular meeting, scheduled for September.

Avalanche buries Austrian road under 4 metres of snow

AustriaVienna  -  Rescue teams were searching for possible victims on Tuesday after an avalanche buried a

Austria says Turkey's EU membership talks should go ahead

Ankara  -  Austrian Foreign Minister Ursala Plassnik on Monday pledged to keep open European Union membership negotiations with Turkey, but stressed that Austria's position was that the result of t

Austrian betting firm bwin reports 50 million euros net profits

Vienna  - The Austrian-based internet betting company bwin reported on Thursday a turnaround for the 2007 business year, with net profits of 50.4 million euros (79.8 million dollars), after losses

New OPEC record high at 106.65 dollars

Organization of the Petroleum Exporting CountriesVienna - The pri

German sculpture shows bare backside to Austria

Simbach, Germany  -  A modern statue on Germany's south-east border has triggered controversy, with some people concerned on Wednesday that the figure is showing a bare backside to Austria.

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