Austria Financial News

Mercedes-Benz on Monday said Emrah Ozer has been appointed as its Chief Financial Officer for its Indian operations as part of an organisational change in its finance and controlling function effective since January 1, 2025. Ozer, currently associated as a Member of the Board of Management and Head of Finance & Controlling, Mercedes-Benz Otomotiv Turkey, will be inducted into the Board of Mercedes-Benz India as Executive Director in due course of time.

European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday.

Subscribe to enjoy similar stories. While writing a letter to a friend from college, the late David Foster Wallace came up with the line “Every love story is a ghost story", which later became the name of DT Max’s biography of Wallace. I was reminded of this line and its semantic genius (both love and ghosts are the sworn enemies of reason) more than once as I read Akhil Katyal’s recently released collection of poems, The Last Time I Saw You.

Bramoullé takes over as UK CEO after more than three years spent as head of marketing and products at Amundi. Prior to that, he was Amundi's CEO for South Asia from 2018 to 2021, as well as CEO at Amundi Austria from 2015 to 2018 and CEO of Amundi Poland from 2013 to 2015. Allianz and Amundi halt M&A talks — reports Bramoullé began his career at Société Générale Asset Management as an equity portfolio manager in April 1999, where he worked for over six years before moving on to SBI Funds Management in India to become vice president of its Investment Risk and Process Control de...

Air India on Thursday placed an order for 34 trainer aircraft as it prepares to start training of cadet pilots at South Asia’s largest Flying Training Organisation (FTO) coming up in Amravati, Maharashtra by the second half of 2025, post regulatory approvals. The order includes 31 single-engine aircraft from Piper Aircraft in the United States and 3 twin-engine aircraft from Diamond Aircraft in Austria. ALSO READ: Air India announces special discounts & benefits for students; check details

Lapland which is located in Finland can be a winter wonderland which eventually offers an unforgettable experience. In this location, the travelers can embark on reindeer sleigh rides, visit Santa Claus Village and then witness the breathtaking Northern Lights in a truly magical setting. Vienna located in Austria is another must-visit destination during the Christmas. The city is famous for its enchanting Christmas markets, classical concerts and festive lights.

Subscribe to enjoy similar stories. One of the most anticipated new movies of this holiday season (for me) is a biopic of Bob Dylan called A Complete Unknown. The name is taken from the lyrics of the Dylan song, Like a Rolling Stone.

Subscribe to enjoy similar stories. Leisure travellers are usually in two kinds of mood when planning a trip to Europe—one is sticking to tried and tested classics and the other is the compulsive desire to go off the beaten path, wind down the road less travelled. Well, we are on the verge of striding into 2025 in a world under the influence of reels and videos on TikTok and Instagram, so the “road less travelled", in a true sense of the phrase, doesn’t really exist anymore.

FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states. According to the Ministry of Commerce and Industry, the meeting, attended by representatives from Austria, Belgium, Bulgaria, and several other EU nations, along with senior Indian officials, emphasized the growing trade and economic partnership between India and the EU. Highlighting the progress in the FTA negotiations, Goyal acknowledged the need for political guidance to finalize a commercially meaningful agreement that respects the sensitivities of both parties.

Red Bull Arena has become Sports Illustrated Stadium in a 13-year partnership agreement announced by the Major League Soccer runner-up

High on popularity charts is winter travel to European destinations with Thomas Cook and SOTC seeing a 50-60% increase in business for winter tours this year. “Consumers are displaying a keen appetite for ice and outdoor snow experiences including skiing, snowshoe trekking, crab fishing safaris, snowboarding and snowmobiling across Europe’s Alpine regions of Switzerland, France, Austria and Germany,” said Rajeev Kale, president and country head for holidays, MICE and Visa, Thomas Cook (India).

Subscribe to enjoy similar stories. Days after Syria’s autocratic ruler fled the country, European politicians have reignited the debate over the region’s decade-old refugee crisis. On Monday, Germany and Austria said they were putting asylum applications by Syrians on hold.

Subscribe to enjoy similar stories. Kaynes Technology India Ltd shares hit a new 52-week high of ₹6,485 apiece on Tuesday ahead of the company’s announcement that it acquired a 54% stake in Sensonic GmbH, an Austrian provider of distributed acoustic sensing (DAS) solutions. By integrating Sensonic’s fiber optic sensing technology with its manufacturing capabilities, Kaynes aims to deliver improved railway infrastructure solutions focused on safety, operational optimization and efficiency.

From Austria’s Vienna to Sweden’s Gothenburg, a CNN travel report lists European towns and cities that revel in Christmas like no other place.

An Austrian court has ruled that Ukrainian businessman Dymitro Firtash can’t be extradited to the U.S. in a long-running legal saga that centers on a corruption case related to an alleged plan to pay bribes in India

Language purists in Germany are up in arms over what they see as a linguistic invasion of the Anglophone apostrophe used in the genitive case to indicate ownership or possession, which is called Deppenapostroph — idiot's apostrophe — in German. Earlier this year, the official body that regulates the use of Standard High German relaxed the traditional proscription of the apostrophe to denote belonging. Following this, the new edition of the Council for German Orthography's style guide, which prescribes grammatical correctness for schools and government agencies in the country, Austria, and German-speaking Switzerland, permits the usage of Eva's Blumenladen (Eva's Flower shop) and Peter's Taverne (Peter's Bar). The official recognition given to the genitive apostrophe is bowing to the inevitable. Signs displaying 'Rosi's Bar' and 'Kati's Kiosk' have been commonplace in Germany, though according to tradition they ought to be 'Rosis Bar' and 'Katis Kiosk'.

Netflix's wildly-popular historical drama series The Empress finally returned for its second season in 2024. But fans are curious to know whether the much-loved series get renewed for Season 3? The story of 'The Empress' is based loosely on the real historical figure of Empress Elisabeth of Austria, the show captures the rebellious spirit of the unorthodox monarch as she challenges the strict social norms of her repressive royal life, and all the challenges she faced as a ruler and as a person. The series was a surprise smash for the streamer, and is still one of Netflix's biggest hits in a language other than English.

Schengen Area by as early as January 2025, according to Hungarian officials. This milestone follows years of partial inclusion, with the two Balkan countries having joined the European Union in 2007 but not gaining full access to the Schengen Area until March 2023.

The historical drama, set against the backdrop of the 19th-century Austrian Empire, chronicles the love story between Elisabeth von Wittelsbach and Emperor Franz Joseph, as per a report by Radio Times. As the second season unfolds, fans are left wondering: Will the Empress return for a third season?

Taylor Swift's Eras Tour security cost UK taxpayers $1 million. It's going to be a lot of dollar signs and reports about Taylor Swift's UK leg of her Eras tour, so buckle up for this one. After a terrorist plot was thwarted, Swift was forced to postpone three concerts in Vienna, Austria, as many fans are aware. She has increased security since then, which makes sense, but it seems that all of the extra protection has come at a high cost, as quoted in a report by SheKnows. The Metropolitan Police now have to pay almost $1 million in taxpayer funds for the additional security. The US Sun claims that providing security for each of Swift's UK performances cost the Met about $880,000. Swift's group also asked for $200,000 worth of security measures, such as a blue-light escort.

Subscribe to enjoy similar stories. Indian textile exports are showing signs of recovery in FY25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry. Exports to Europe during the April-October period reached $5.66 billion, marking a 6.39% increase compared to $5.32 billion in the same period of FY24.