Edition:
United Kingdom

Kirsti Knolle

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

11:58am BST

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.

Erste Group warns of significant drop in 2020 net profit

30 Apr 2020

VIENNA Austrian lender Erste Group said it expects a significant drop in its 2020 net profit after posting a 38% fall for the first quarter as it felt the effects of the coronavirus restrictions on its business.

Sensor maker AMS gives upbeat outlook, shares up 22%

29 Apr 2020

VIENNA Shares in sensor producer AMS jumped 22% after the Apple supplier gave an upbeat forecast for the current quarter and the remainder of the year, soothing investors who fear a slump in smartphone demand due to the coronavirus crisis.

OMV books first-quarter loss, lowers 2020 production target due to tumbling markets

29 Apr 2020

VIENNA Austrian energy group OMV posted a net loss for the first quarter due to significant inventory costs and lowered its production target and crude price forecasts in response to tumbling oil demand in the wake of the coronavirus pandemic.

Merger of property groups S Immo and Immofinanz back on the table

02 Apr 2020

VIENNA Shareholder changes at Immofinanz mean Austrian property rival S Immo would be open to renewing merger talks once the coronavirus crisis is over, the chief executive of S Immo said on Thursday.

Swiss virus death toll hits 235 as official says worst case scenario `not yet materialized'

28 Mar 2020

ZURICH The death toll in Switzerland from coronavirus had climbed to 235 while total cases stand at 13,213, the health ministry said on Saturday, though officials said their worst fears have so far not materialized.

World News