European Technology, Media and Telecoms Correspondent
Georgina's Feed
Nov 21, 2013
via FaithWorld

New York-style Jewish-Muslim cooperation comes to old Vienna

Photo

(A light installation commemorating Holocaust victims is seen on a wall in the second district of Vienna October 23, 2013. REUTERS/Leonhard Foeger )

New York Rabbi Marc Schneier won a small but significant victory on a recent visit to Vienna – a promise from the head of Austria’s Islamic community to promote Holocaust education among the country’s half a million Muslims.

Nov 20, 2013

Vienna museum denies Jewish owner sold Klimt frieze under duress

VIENNA (Reuters) – The Viennese museum that houses one of Gustav Klimt’s greatest artworks says it has evidence that its previous Jewish owner sold it to the Austrian state in an amicable transaction, rather than too cheaply under duress.

The Secession museum is defending itself against a claim from some of the heirs of art collector Erich Lederer, who sold the monumental 1902 Beethoven Frieze to the state for $750,000 in 1973.

Nov 15, 2013

Far-right parties seek common strategy for EU election

VIENNA (Reuters) – Representatives of far-right parties from five EU nations tried to build a common strategy on Friday for European Parliament elections next May when their anti-immigrant message is expected to bolster their support.

The populist parties hope to create a new political group within the parliament after the elections, capitalizing on what polls suggest is rising voter frustration with mainstream politics and the European Union.

Nov 14, 2013

America Movil says plans no hostile bid for Telekom Austria

VIENNA, Nov 14 (Reuters) – America Movil does not
plan a hostile takeover bid for Telekom Austria
following its failed attempt to buy Dutch company KPN,
its chief executive said.

Daniel Hajj said the Latin American group controlled by
billionaire Carlos Slim had not taken its stake in Telekom
Austria a year ago in order to take over the company, and saw
itself as a stable partner of fellow large shareholder Austria.

Nov 13, 2013

Constantia Flexibles share offer to raise up to 821 mln euros

VIENNA, Nov 13 (Reuters) – Austrian packaging group
Constantia Flexibles (IPO-COFH.VI: Quote, Profile, Research, Stock Buzz) plans to raise up to 821
million euros ($1.10 billion) in an initial public offering in
Frankfurt and Vienna on Nov. 27, valuing the firm at up to 1.43
billion euros.

Constantia, which ranks number two in Europe behind
Australia’s Amcor Ltd, said it would price its new
shares in a range of 19.50 to 25.50 euros each and would offer
up to 32.2 million shares for sale or 57.5 percent of the
company.

Nov 13, 2013

Corrected – Nazi Kristallnacht against Jews remembered as living memory fades

VIENNA (Reuters) – Lilly Drukker was 11 years old when two uniformed Nazis barged into her family’s Vienna apartment in November 1938 to take her father away to the Dachau concentration camp.

It was the day after Kristallnacht, a state-sponsored spree of looting and destruction of Jewish property across Germany and Austria that marked a turning point in Nazi policy as Adolf Hitler unleashed the general population against the Jews.

Nov 12, 2013

ECB’s Asmussen, Nowotny see room to cut rates further

BERLIN/VIENNA (Reuters) – The European Central Bank’s interest rates have not reached rock bottom even after last week’s cut, two ECB policymakers said on Tuesday.

Executive Board member Joerg Asmussen also said charging banks for parking spare cash at the central bank remained an option, while Governing Council member Ewald Nowotny said the stalling euro zone economy was a bigger concern than inflation.

Nov 10, 2013

Nazi Kristallnacht against Jews remembered as living memory fades

VIENNA (Reuters) – Lilly Drukker was 11 years old when two uniformed Nazis barged into her family’s Vienna apartment in November 1938 to take her father away to the Dachau concentration camp.

It was the day after Kristallnacht, a state-sponsored spree of looting and destruction of Jewish property across Germany and Austria that marked a turning point in Nazi policy as Adolf Hitler unleashed the general population against the Jews.

Nov 8, 2013

Mobile Austria says worst of price war may be over

VIENNA, Nov 8 (Reuters) – A race to the bottom in Austrian
mobile tariffs may be over following consolidation in the market
and a costly spectrum sale, the chief executive of T-Mobile
Austria said.

The lowest tariffs in the market will be removed on Sunday
with the ending of a 7.50 euros ($10.04) per month offer by
rival H3G, while operators will charge more for
premium phones and their contracts this Christmas season.

Nov 7, 2013

OPEC says will lose oil market share to shale, rivals

LONDON/VIENNA, Nov 7 (Reuters) – OPEC could lose almost 8
percent of its oil market share in the next five years as the
shale energy boom and other competing sources boost rival
supply, offering the exporter group little benefit from rising
world demand.

The Organization of the Petroleum Exporting Countries has
been slower than some to acknowledge the impact that hydraulic
fracturing, or fracking, is having on supply. Earlier this year,
it decided to carry out its own research into shale oil.

    • About Georgina

      "Currently based in London, with particular responsibility for professional publishers and the European activities of global technology, media and telecoms firms. Previously European technology correspondent based in Frankfurt. Began career in local radio in Glasgow and then worked in TV news for many years for Reuters, the BBC and Sky News in London and Moscow."
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