Glitnir boosts liquidity through European restructuring
Nordic bank Glitnir will release up to 1 billion Euros ($1.6 billion) in liquidity when it exits its commercial property financing business based in L...
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Actavis buys Chinese API manufacturing firm
Actavis, a leading generic pharmaceuticals company, has acquired a 90% share in Zhejiang Chiral Medicine Chemicals Company in China for an undisclosed...
Diabetics more likely to die from heart attacks
Scientists conducting research in Denmark have discovered a correlation between diabetes and the risk of heart attacks, according to a report from Reu...
Icelandic company invests in Romanian construction boom
Gigant Construct, a real estate development company owned by five businessmen from Iceland, plans to start on further construction projects in a prime...
A Smoking Gene found by Decode Genetics
deCODE Genetics has shown how a single variant in the genome sequence leads to nicotine dependence and risk of lung cancer and other smoking related d...
Offshore savings bank launches 6.30% bond – BBI
Savings specialists Bradford & Bingley International (BBI) have released a fixed rate offshore bond paying up to 6.30% interest. The Fixed Rate Bo...
Iceland wants a piece of Google pie
According to a recent report by Business Week, the costs of cooling data centres and providing them with operational power is growing, leading Iceland...
Al Gore to speak at Glitnir climate conference in Iceland
Nordic bank Glitnir and the University of Iceland will host an open meeting with Al Gore in Reykjavik in April. Al Gore, the former vice-president of ...