Austria Financial News

10.01 / 00:07

Coronavirus pandemic Trade 2020 reports Department Courts Last big German department store chain files for insolvency protection for third time

Germany’s last remaining major department store chain has filed for insolvency protection, its third filing in less than four years, after its owner ran into difficulties

09.01 / 13:10

markets COST UPS Citi Target Research reports Tech gains fade, US inflation in focus

Stocks and bonds retreated before key inflation readings from the U.S. and China later this week and the earnings season kicks off on Friday.

08.01 / 13:27

UPS Citizens community trends Refugees country Some 3,50,000 people applied for asylum in Germany in 2023, up 51 per cent in a year

asylum in Germany last year rose to 3,51,915, an increase of 51.1 per cent compared with the year before. The largest number of asylum-seekers came from Syria, with 1,04,561 applications, followed by Turkish citizens with 62,624 asylum pleas and 53,582 Afghans, Germany's Federal Office for Migration and Refugees said Monday. Migration has become a huge political problem for the government and a hot-button topic in Germany as local communities are struggling to house the many newcomers.

31.12 / 10:37

Career Action Parke stars 2020 International open Spaniard Rafael Nadal makes his return via Brisbane International, to face ex-US Open champion Dominic Thiem

AFP on 30 December. Earlier the former world number three, Dominic Thiem, was defeated by Nadal in the 2018 and 2019 French Open finals. Thiem, the Austrian professional tennis player, has also struggled with injury and fell to 352 in the world in 2022 following a right wrist tear.

31.12 / 05:34

Southern country NOT Jama Masjid Shahi Imam on Israel-Palestine conflict: ‘Muslim world not lived up to its responsibilities, hope PM Modi…'

PTI. "The Muslim world has not lived up to its responsibilities in this regard and is not doing what it should and this is very unfortunate. In the end I hope that the prime minister of my country shall, by virtue of his personal relations with the prime minister of Israel, exert diplomatic pressure to put an end to the war and resolve issues," he said as quoted by PTI.

27.12 / 18:36

Man Manufacturing Forbes President Experts rapper innovations Gaston Glock, the man behind the gun, dies aged 94 - APA

By Kirsti Knolle

24.12 / 03:27

Provident FIVE Tapestry love Celebrity Merry Christmas 2023: 5 intriguing traditions from around the world

Christmas reflects a diverse tapestry of traditions worldwide, where each culture adds its unique and occasionally eccentric customs to the festive celebration. Christmas is observed on December 25th, and serves as a commemoration of the birth of Jesus Christ. While the Bible doesn't specify the exact date of Jesus' birth, early Christians opted for December 25th to coincide with pagan winter solstice celebrations.

24.12 / 01:25

Actor reports recommendations Security tightened at Cologne Cathedral over New Year's Eve attack threat

New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence. The police said in a statement they would use tracker dogs to check the cathedral after evening mass and then close it off. On Sunday, Christmas Eve, they would carry out a security check on all visitors, and recommended they get to services early.

23.12 / 23:18

Actor reports recommendations Security hiked at Cologne Cathedral for Christmas amid attack threat

BERLIN (Reuters) -German police said on Saturday they were heightening security at Cologne Cathedral following indications of an attack planned for New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence.

22.12 / 00:05

Provident BitPanda country electronic reports Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank

Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023.

19.12 / 18:23

country stake Austria's RBI to take 28% stake in Strabag in effort to shed Russia exposure

FRANKFURT (Reuters) — Austria's Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, said on Tuesday that it will take a nearly 28% stake in Austrian construction group Strabag.

18.12 / 17:44

Reuters Waters Actor European Commission country reports prevention EU adopts 12th package of sanctions against Russia

Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the weekend. The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanctions circumvention and closing loopholes, it said.

15.12 / 08:09

Provident FIVE Wirecard show country information 2020 He’s Wanted for Wirecard’s Missing $2 Billion. He’s Now Suspected of Being a Russian Spy.

BERLIN—Soon after payment-processing giant Wirecard reported in June 2020 that nearly $2 billion had gone missing from its balance sheet, its chief operating officer Jan Marsalek boarded a private jet out of Austria. After a landing in Belarus, he was whisked by car to Moscow, where he got a Russian passport under an assumed name. Western intelligence and security officials now say they have reached the unsettling conclusion that Marsalek had likely been a Russian agent for nearly a decade.

14.12 / 15:10

Citi Provident Compilation Mobile social Only 1 North American city made the top 10 best for expats — and it's in Canada

Making the decision to live and work abroad is a huge undertaking, especially if you’re uprooting your family. And perhaps the biggest question of all is: “Where do we go?”

12.12 / 08:31

Citi Provident country social innovations Hyderabad pips Pune, B'luru among India's best cities in Mercer's quality of living index

Hyderabad with a rank of 153, Pune at 154 and Bengaluru in the 156th position are the three highest placed among Indian cities in Mercer's worldwide quality of living ranking for 2023 which rates Vienna in Austria at the top of the list. Chennai is the fourth Indian city in the list at the 161 spot followed by Mumbai at 164. Kolkata (170) and New Delhi (172). Mercer's Quality of Living data assesses the practicalities of daily life for expatriate employees and their families in assignment locations worldwide. Vienna retained its top position in the list, which was last published in pre-Covid 2019.

07.12 / 17:51

Booking Platform film Your Christmas or Mine 2: Here’s release date, time, storyline, streaming platform and more

Your Christmas or Mine 2, the sequel to the original film, is set to debut on Prime Video this week.

07.12 / 14:35

Reuters Booking pandemic stage reports BAWAG is lead bidder for Barclaycard Germany -sources

By Pablo Mayo Cerqueiro, Emma-Victoria Farr and Amy-Jo Crowley

06.12 / 19:53

Provident Hennessy country EU spirits industry seeks 50% cut in tariff in FTA with India

premier segment, Bastidon said, adding that overall trade volume of EU spirits is €9 billion, and the US and China are major exporting countries. According to Bastidon, the value of EU’s spirit exports to India in 2022 was a mere €59.7 million compared to €875 million to China.

04.12 / 05:13

Target Waters Fox Southern reports isolate donates Israeli ambassador to UN slams George Soros for funding Hamas-supporting NGOs: Report

Fox News, Israeli ambassador Gilad Erdan called Soros's donations to organisations that seek the destruction of Israel 'shameful'. Elon Musk slams George Soros for eroding ‘societal cohesion’ The Israeli ambassador alleged that Soros has transferred billions of dollars to organisations supporting BDS that have wanted to isolate Israel for years. "They have never been about real peace or any solution to the Israeli-Palestinian conflict," the Israeli ambassador said.

02.12 / 11:09

Citi ICE Southern reports travelers Snowstorm brings Munich airport to standstill and causes travel chaos in Germany

Munich's airport Saturday after a winter storm dumped snow across southern Germany and parts of Austria and Switzerland, affecting travel across the region. After initially announcing a halt in air traffic until noon on Saturday, the airport later announced flights would be cancelled until 6 am Sunday.

30.11 / 18:00

Aware Strategy Nielsen Morningstar pandemic show 2020 Financial A question of financial security: Are Indians ready for their retirement?

how to plan it. This is present bias, a behavioural tendency we all humans have and also known as the inclination to excessively fixate on the ‘here and now,’ and don’t think about what will happen in the long term. Two German researchers, Alejandro Moreno-Okuno and Natividad Aguilera Navarrete described ‘psychological distance’ as a central concept explaining present bias, which means how near or far things feel in our minds.

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