VIENNA OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia's Gazprom for a stake in a Siberian gas field, as part of the Austrian firm's strategy to boost its gas business.
VIENNA Politicians from Europe's mainstream parties called on voters to stand against the far right, after a video sting brought down the leader of Austria's Freedom Party, hurting the momentum of nationalists days before a European parliamentary election. | Video
VIENNA Austria raced on Saturday towards a snap election as Chancellor Sebastian Kurz pulled the plug on his coalition with the far right after its leader was caught on video offering to fix state contracts with a woman posing as a Russian oligarch's niece. | Video
VIENNA, May 18 Austrian Chancellor Sebastian
Kurz called a crisis meeting late on Friday after two German
newspapers published footage purportedly showing his deputy
discussing state contracts with a potential Russian backer in
return for political support.
* Deal with Gazprom on Siberia assets expected in summer
(Adds CEO comment, detail, analyst)
* Shares fall 12 percent
(Adds pulp & paper business, shares, analyst)
VIENNA Apple supplier AMS on Tuesday was upbeat on the current quarter and the rest of the year, pointing to steady orders for optical sensors from its major customer and a growing share of income from Android smartphone makers.
VIENNA German media group ProSiebenSat.1 ruled out a takeover by Italian broadcaster Mediaset on Thursday, dismissing recent speculation, and added it had not been approached by other interested parties.
VIENNA As carmakers push ahead with self-driving vehicles, an Austrian aerospace company and its Chinese partner showed off their pilot-less "flying taxi" for the first time in Europe on Thursday. | Video
BUCHAREST Romania's new energy regulations risk undermining plans by companies to develop big offshore gas projects in the Black Sea, putting billions of dollars of revenue at risk and squandering a chance to challenge Russia's Gazprom in the region.