Edition:
United Kingdom

Kirsti Knolle

U.S. will do utmost to renew Iran arms embargo: Pompeo

14 Aug 2020

VIENNA The United States will do everything in its power to renew the international arms embargo on Iran under review at the United Nations, Secretary of State Mike Pompeo said on Friday.

UPDATE 2-Raiffeisen expects risk provisions to peak early next year at latest

11 Aug 2020

* NPE ratio expected to increase to under 3.5% from 1.9% end-June

Austria's OMV core profit down almost 90% as virus hits demand

29 Jul 2020

VIENNA Oil and gas group OMV reported a lower-than-expected 86% fall in second-quarter operating profit due to strict cost management and said it was trimming its spending plans in response to the global economic downturn.

Sensor maker AMS sees strong demand for next generation smartphones

29 Jul 2020

VIENNA Sensor specialist AMS , which just closed the takeover of OSRAM , expects third-quarter revenue to grow about 20% versus the second quarter as it sees strong demand from smartphone makers despite the pandemic.

Two hikers killed by rockfall in popular Austrian gorge

08 Jul 2020

VIENNA Two walkers were killed on Wednesday by a rockfall in the Baerenschuetzklamm, a spectacular mountain river gorge popular with hikers in the Austrian province of Styria, police said.

UPDATE 2-Voestalpine books 2019/20 loss, sees China-led recovery

03 Jun 2020

* 2019/20 net loss of 216 mln eur vs 2018/19 profit of 459 mln

No preferential access to Themis' potential COVID-19 vaccine - CEO

28 May 2020

VIENNA Nobody will get preferential access to a potential COVID-19 drug developed by vaccine maker Themis Bioscience, which is being bought by U.S. pharmaceuticals firm Merck & Co Inc , the Austrian firm's chief executive said on Thursday.

UPDATE 2-Austria's RBI warns of profit, keeps dividend plan

14 May 2020

* Expects moderate 2020 loan growth (Adds CEO, dividend, shares, detail)

Wiener Ölkonzern OMV schöpft Hoffnung auf Ölpreiserholung

14 May 2020

Wien Der Wiener Erdöl- und Gaskonzern OMV macht nach dem Corona-bedingten Nachfragekollaps erste Zeichen einer Belebung für das schwer gebeutelte Geschäft aus.

OMV sees hope for oil price recovery in second half

13 May 2020

VIENNA Austrian energy group OMV sees hope for a recovery in oil prices in the second half of 2020 helped by increased fuel demand and output cuts by producers such as Saudi Arabia, its chief executive said.

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