OIAG looks to sell 43% stake in Austrian Airlines

The Austrian industry-holding stock corporation, Österreichische Industrieholding Aktiengesellschaft (ÖIAG), has started the tender process for selling its 42.75% stake in Austrian Airlines. The Austrian Government gave the go-ahead Tuesday for the search

Japan nationalism fades as economic woes dominate

By Linda Sieg Japan's flirtation with nationalism is fading with its faltering economy, and with policymakers focused more on soothing consumers' worries than fostering patriotism, ties with Asian rival China are likely

Asia stocks fall on global growth fears

Asian stocks fell on Wednesday, with regional shares outside of Japan hitting a 17-month low, on the growing risk of a sharp global economic slowdown. The dollar hovered near six-month highs against