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

Austrians lose 16.7 kilos of gold from wedding rings each year

Austrians lose 16.7 kilos of gold from wedding rings each yearVienna - In the course of a year, the abrasion of wedding rings amounts to the loss of more than 16.7 kilogrammes of gold, worth more than 260,000 euros (411,000 dollars) for married Austrians, a local researcher has found.

In a study released in the Gold Bulletin journal, Georg Steinhauser, a chemist from Vienna's Technical University, quantified the annual losses for the first time following a study in which he used his own gold wedding ring.

Austrian city bans mobile phones on public transport

Vienna  - The Austrian city Graz on Wednesday issued a ban on mobile phone use on public transport.

OPEC crude price cracks 105 dollars

Vienna  - The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its record- breaking rise on Tuesday, OPEC said on Wednesday.

Don't buy a house too close to the beach, experts warn

Beach HouseVienna - Global sea levels are likely to rise faster than predicted by the United Nati