Amid the global chip shortage, Germany's Infineon inaugurated its new plant, Villach Factory, in Austria on September 17, spending 1.6 billion Euros. Reportedly, the manufactured chips will be thinner than human hair, and the company is also expected to generate 2 billion euros from Villach. ''Our timing in adding new capacity couldn't be better, considering the growing demand for power-management semiconductors,'' CEO Reinhard Ploss said… read-more
Courtesy: Car and Bike
A 66-year-old man in Austria was arrested for keeping his mother mummified in the cellar for more than a year. Reportedly, the police have recovered the 89-year-old mother's body. It was reported that he kept her mummified to keep receiving her benefit money. As per sources, he has received over 60,000 USD till now. The man was charged with fraud and also for hiding a corpse.
Courtesy: Wio News
81 out of 800 people were arrested in Austria in a global sting against organised crime belonging from various groups. The arrested are suspects of multiple crimes including drug trafficking and murder. Reportedly the joint operation by the US Federal Bureau of Investigation, Australian and European police caught people from Australia, Asia, Europe, South America and the Middle East involved in the narcotics trade.
Courtesy: The Economic Times
According to a report published by Hensley & Partners, Indian High net-worth individuals have topped the chart for enquiring 'residence-by-investment' and 'citizenship-by-investment' programmes. The enquiries surged by 63 per cent in 2020 as compared to 2019. Reportedly, many applicants have queried about Canada Residency and Austria Citizenship programme. Besides, they have looked for European citizenship for overseas business interests… read-more
Courtesy: The Times of India
A 32-year-old woman survived after falling off a clifftop in Austria. The woman was saved by a carpet of snow on which she fell from a height of 650 metre. After saying 'yes' to her boyfriend over the cliff, she slipped over the rocks and fell from the Falkart mountain in Carinthia. The 27-year-old fiance who jumped over the cliff to save her girlfriend, was rescued after soaring nearly 50-feet through the air.
Courtesy: Times Now
Karl-Heinz Grasser, former Austrian Finance Minister, has been convicted of corruption and bribery amounting to nine million euro. Awarding him an eight-year imprisonment, the Vienna Court found him guilty of leaking information of a bid and termed it as deliberate abuse of authority. The court also handed jail terms to former Austrian leader Walter Meischberger and a lobbyist Peter Hochegger. Interestingly, Grasser became the youngest… read-more
Courtesy: BBC News