Business
Latest news and need-to-know information on business, businesses, investment, mergers & acquisitions, stock market and more.
Airbus says 'up to 628' planes need inspection for metal plate problem
European aircraft manufacturer Airbus has said that up to 628 of its A320 planes worldwide may need to be inspected for a metal plate “quality issue” that has come to light.
Fallen Austrian property tycoon Benko goes on trial over fraud charges
Fallen Austrian property tycoon Rene Benko went on trial on Tuesday over alleged fraud, the first charges in a wide-ranging investigation into the insolvency of his former real estate empire.
What Austria’s BMW drivers need to know as 18,951 vehicles face recall
BMW says a starter fault could, in rare cases, cause overheating and fires, with nearly 19,000 cars in Austria due for free repairs. Here’s who is likely affected and what to do now.
EXPLAINED: Will Austria cut its flight taxes to satisfy airlines like Ryanair?
Austria is weighing tweaks to its flight ticket tax while Vienna Airport plans fee cuts in 2026. Here’s what travellers and airlines in the country should know.
Austrian tycoon Rene Benko charged with fraud after Signa collapse
Signa founder Rene Benko is facing serious fraud charges in Austria’s biggest insolvency case. Here’s what we know so far.
EU still seeking trade deal after new Trump tariff threat
The EU still hopes to strike a deal with the United States despite President Donald Trump's ramped-up threat of 30-percent tariffs, the bloc's trade chief said Monday, with pressure on Brussels to toughen its stance.
Why Deutsche Bahn’s track renovations will cause major disruption in Austria
Deutsche Bahn’s major track renovation programme will cause diversions, cancellations and longer travel times throughout Austria from 2026. Here's exactly what to expect.
How Austria is turning to India in the hunt for skilled workers
With Europe’s ageing workforce and a shortage of skilled technical graduates, Austrian universities and companies are increasingly looking toward India to fill the gap.
How Trump’s tariff war could hit Austria’s economy
Austria’s exports to the US—including wine, steel, and machinery—could suffer if Trump imposes new tariffs on EU goods.
Austrian tycoon René Benko arrested on charges of fraud and asset concealment
René Benko, one of Austria’s most prominent businessmen, faces serious charges, including conspiracy to evade creditors and fraudulent asset transfers.
Where are Austria's big international companies located?
Austria's most prominent international companies are involved in banking, insurance, and construction projects worldwide, many but are they all found in Vienna?
Austria property giant Signa to file for insolvency
Austrian property giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings.
Austrian Chrysler building co-owner faces 'restructuring'
One of Austria's richest men and co-owner of the iconic Chrysler building will present plans for the company's restructuring by the end of the month, it said Friday, with several big construction projects in Germany reportedly put on hold.
These 10 facts prove London is still open for business
London has been a global nerve centre for nearly 2000 years and has no plans to abdicate now.
Who was the Austrian billionaire behind Red Bull?
Austrian billionaire Dietrich Mateschitz, who died Saturday at the age of 78, built a sports and media empire around his Red Bull energy drink, ensuring its global fame and wide-reaching legacy.
Germany's BMW to put €1 billion into electric vehicles in Austria
German auto manufacturer BMW said on Monday it would invest "around one billion euros" in the production of electric vehicles at a plant in Austria from 2025.
Today in Austria: A round-up of the latest news on Tuesday
Find out what's going on today in Austria with The Local's short roundup of the news.
Today in Austria: A round-up of the latest news on Friday
Find out what's going on today in Austria with The Local's short roundup of the news.
Today in Austria: A round-up of the latest news on Friday
Find out what's going on today in Austria with The Local's short roundup of the news.
Iconic Austrian hotel turns to drive-in cake to survive coronavirus pandemic
The coronavirus pandemic may have forced many of Vienna's luxury hotels to close indefinitely as global travel restrictions keep away the many millions of tourists who usually visit the Austrian capital every year. But the city's iconic Hotel Sacher is determined not to let fans of its world-famous chocolate cake go hungry.
How The Local can help recruit your dream colleague
Whether you’re filing your taxes, avoiding strikes or dreaming of spring weather, you already trust The Local for your news. But did you know that as Europe’s leading job site for international talent, we can also help you recruit your next dream colleague at work?
Austrian steelmaker's profits melt down
Profits at Austrian steelmaker Voestalpine, which has been focusing on the high-end market to escape sector weakness, tanked as an energy sector downturn took its toll, the group said Tuesday.
Western Austria has the happiest employees
The state of Vorarlberg in western Austria has the happiest workers in the country, according to research carried out by a jobs website.