Austria

Image Source : FREEPIK Mobile manufacturing The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. While 78 per cent of all the mobile phones sold in the country in 2014 were imported, about 97 per cent of the mobile phones are now manufactured in India. According to the…

Austria, an export-oriented economy, is increasingly targeting South Asia and SE Asia with India topping the list to export its products including machinery, chemical and pharmaceutical products, automobile related items, said Martin Kocher Austrian Minister for Labour and Economy.“Austria is focusing on South Asian and SE Asian markets in a big way since the Russian market has been closed following the war. India is of special interest to Austria given its complementarities in the field of economy. Austria also serves as…

The age-old debate of Arnold Schwarzenegger versus Sylvester Stallone has been reignited, and this time it's Stallone who's throwing in the towel. In a surprising twist, the legendary Rocky and Rambo actor made a shocking admission about his long-time rival, conceding that Schwarzenegger was the superior action hero. The age-old debate of Arnold Schwarzenegger versus Sylvester Stallone has been reignited. During a recent appearance in Schwarzenegger's documentary film, Stallone openly acknowledged the Austrian…

Fast News Turkish Foreign Minister Mevlut Cavusoglu expresses gratitude to Austria for support after February 6 earthquakes in Türkiye's southern regions. Austria sent soldiers from its disaster relief unit to help search and rescue efforts in Türkiye, and organised aid.…

The workers of the state railway company Austrian Federal Trains (ÖBB) have started an unusual 24-hour strike on Monday to demand a wage increase of 12%, higher than the 8.4% proposed by the employers. “Rail services are suspended throughout Austria. We ask that you choose alternative travel options. Due to the all-day strike, there may also be individual train cancellations on Tuesday,” ÖBB said in a brief statement posted on its website. Called by the union “Vida”, the strike, which will continue until…

National Geographic announced the winning photographs from its first "Pictures of the Year" photo competition.The contest, which opened to U.S. residents in early December, invited readers to submit a digital photograph in one of four categories: nature, people, places and animals.The contest required that photographs be largely unaltered. According to the rules, "only minor burning, dodging and/or color correction is acceptable, as is minor cropping." Photos with other changes are "unacceptable and ... ineligible for a…

For many, Christmas is a time of gift exchanges, log cakes and turkey dinners.But that's not the case everywhere.In a yearly series, CNBC Travel highlights diverse Christmas celebrations around the world.AustriaChristmas comes with a spooky twist in Austria, Germany and other Alpine countries that celebrate St. Nicholas Day during the first week of December."Krampuslauf," which translates to "Krampus run" in German, is an annual parade typically held on Dec. 5 or 6 where participants dress up as the half-goat, half-demon…

American EV automaker Fisker Inc. has just hit a major company milestone years in the making. Contract manufacturer Magna Steyr has officially begun production of the Fisker Ocean SUV at its carbon neutral facility in Graz, Austria. With Magna’s help, this second iteration of the Fisker brand continues to prove the naysayers wrong while moving to deliver a truly unique looking EV. Shortly after its rebirth as Fisker Inc. ($FSR), the American automaker began teasing an all-electric SUV focused on…

International travel may still have its challenges.But finding a solid hotel for a business trip isn't one of them.     CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe.This is the first ranking of its kind between CNBC and Statista, who are also releasing hotel rankings in the Middle East today. Asia-Pacific rankings were published in September.In total, we analyzed more than 10,000 four- and five-star hotels in 117 locations to produce lists…

A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters.Jonas Walzberg | Picture Alliance | Getty ImagesDanish firm Vestas said Tuesday it was launching an onshore wind turbine tower with a hub height measuring 199 meters (just under 653 feet), in the latest example of how the sector is turning to increasingly large structures.In a statement, the Aarhus-headquartered company described it as "currently the world's tallest onshore…