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Austria

This Month

Ainsworth Game Technology chief executive Harald Neumann (right) with Novomatic founder Thomas Graf (left) in 2016.

Ainsworth CEO in tax probe but company says it’s a ‘personal matter’

A second investigation related to Harald Neumann recommenced in 2023. The poker machine business says it met all its ASX disclosure obligations.

Geri Halliwell and Christian Horner show a united front in Bahrain.

Enemies and scandal: How F1’s Christian Horner ran out of road

Red Bull fired its racing chief after poor performances on the track and an exodus of key staff. Now it faces an uncertain future.

Christian Horner talks to Red Bull driver Max Verstappen ahead of the Austrian Formula One Grand Prix in Spielberg last month.

Christian Horner’s exit: A row with Jos Verstappen, then goodbye

The driver’s father warned last year that the Red Bull team risked being “torn apart” if the leader stayed after a sexting scandal, even though he was cleared.

Brad Pitt and Damson Idris filming the F1 movie during the British Grand Prix in 2023.

Apple bids for Formula 1 rights in US after success of Brad Pitt film

The iPhone maker is challenging Disney’s ESPN when the broadcast contract becomes available next year, according to two people familiar with the discussions.

June

Oscar Piastri tries to chase down teammate Lando Norris.

‘I probably pushed the boundaries a bit far’: Piastri

After a near-miss, the Australian regained control to eventually finish immediately behind British teammate Lando Norris in an enthralling Austrian Grand Prix.

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Leonard Lauder, Elizabeth Hurley, Sir Elton John and Shane Warne in New York in 2012.

Billionaire cosmetics heir Lauder had a secret key to success

Leonard Lauder, who has died aged 92, once said a formula for success was hiring female executives, who were far smarter than him.

Pokies giant leaves investors in dark about CEO’s criminal probe

For years, the chief executive of Ainsworth Game Technology has been under criminal investigation in Austria. The ASX-listed company hasn’t told shareholders.

A screengrab from Servus TV in Austria shows emergency services at the scene of a school shooting in Graz.

Former pupil kills 10 in Austrian school shooting

Police said the gunman entered a school in Graz and opened fire on students and teachers. He was later found dead in a bathroom.

May

Hanno Blankenstein, Unleash Group CEO.

He quit consulting. Now his AI start-up is worth $100m

Unleash Live, a 10-year-old artificial intelligence firm, has raised $17 million after signing up BHP, Alcoa and Chevron as clients.

How the dance of the devil’s violinist came to define this city

Waltzing through 2025, Vienna celebrates 200 years since the birth of its musical genius, Johann Strauss.

Winner of the Eurovision Song Contest JJ from Austria holds up the trophy he won with the song “Wasted Love”.

Austria wins Eurovision crown with pop-opera song ‘Wasted Love’

The win was Austria’s third in the competition, following Conchita’s success and Udo Juergens’ victory in 1966.

April

Aldi is paying billions in dividends to its parent group Hofer KG in Austria.

Aldi shows its discount appeal with sharp rise in profit

The German discount supermarket chain has paid out billions of dollars in dividends to its parent group Hofer KG in Austria.

January

Austrian Chancellor Karl Nehammer has quit.

Austrian leader quits, in possible boost for far-right Freedom Party

The move raises the chances of repeat elections and may further boost support for the far-right Freedom Party, which won the most seats at the last ballot.

December 2024

Expatriate Syrians gather in Berlin this week to celebrate the fall of the Assad regime.

‘We need time’: Syrians in Europe resist calls to return home

Those who fled the 13-year civil war pointed to the political uncertainty after a rebel offensive swept into Damascus over the weekend.

November 2024

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Why Brits can’t buy new Jaguars for more than a year

The storied British brand is going dormant until 2026, when it will re-emerge selling only higher-end electric vehicles.

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October 2024

Up for sale: The Chrysler building is one of the most iconic skyscrapers in Manhattan.

Tussle for control of New York’s famed Chrysler Building

Legal disputes and ruthless manoeuvres are commonplace in the cutthroat world of New York real estate. Now the fate of a famous skyscraper hangs in the balance.

Poker machine and pub baron Bruce Mathieson.

Billionaire Bruce Mathieson’s rare Viennese cancer treatment

The pub entrepreneur has taken to a “copper igloo” in Europe to treat an aggressive blood cancer.

German police check a tramway arriving from France at the German-French border in Kehl, Germany.

Germany ‘reopens old wounds’ with border checks

There are fears for the future of Schengen and the freedom of movement it symbolises – regarded by EU citizens as one of the greatest accomplishments of European unity.

September 2024

Herbert Kickl, leader of the Freedom Party of Austria, centre, celebrates with supporters during an election night rally in Vienna.

Austrian far right wins vote, but won’t form government

Despite the Freedom Party winning the most votes for the first time in a national election, its leader, Herbert Kickl, appears unlikely to play a role in the next cabinet.

Federal Reserve Board Chairman Jerome Powell.

Did central banks get the inflation crisis right?

Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to be associated with steep economic downturns.

Original URL: https://www.afr.com/topic/austria-6gi