Austrian market News

Driverless Bus Hits Pedestrian in Vienna, Halting Trials

Authorities are investigating why a driverless bus struck a pedestrian in Vienna, an incident that resulted in minor injuries but stopped Austrian trials of the technology. The Navya SAS vehicle was driving at 12 kilometers (7.5 miles) an hour on …

Vienna Insurance CEO to Leave Over Strategic Differences; Stadler Is Successor

Vienna Insurance Group AG, Austria’s biggest insurer, said Chief Executive Officer Peter Hagen will leave the company over strategic differences later this month, more than two years before the end of his term. The company named Elisabeth Stadler as a …