US firm to buy Iceland’s Decode genetics
Reykjavik’s Decode genetics is to be acquired by a major US pharmaceutical giant. According to a report by the Chicago Tribune on Monday, California-b...
Iceland
Topics and News related to Iceland
Icelandair Group signs commitment for new aircraft with Boeing
It has been announced that a commitment to purchase a total of 12 737 MAX 8 and 737MAX 9 aircraft has been signed between Icelandair Group and Boeing.
Reykjavik issues offshore drilling licenses
Iceland’s government has issued several new offshore exploration licenses. According to reports, Faroe Petroleum has been granted a provisional explor...
Underground chain reaction caused 2010 Eyjafjallajökull eruptions
A new report has said that a massive underground chain reaction triggered the 2010 eruptions of Iceland’s Eyjafjallajökull volcano.
Scottish councils reimbursed by Iceland banks
Scottish councils have been reimbursed for the lion’s share of investments lost in the 2008 Iceland banking collapse. According to a Scotsman.com, a g...
Chinese investor must re-apply for Iceland resort project
A Chinese tycoon with plans to build a major tourist resort in rural Iceland must re-submit his application to authorities in Reykjavik before the pro...
Iceland central bank: interest rate could still rise
Officials from Iceland’s central bank have said that interest rates could rise further to compensate for increased wage settlements. The comments via ...
Top US economist urges Reykjavik not to change fishing quota system
A leading American economist and journalist has urged the Icelandic government not to move forward with proposed changes to its fish quota system.