CNBC interviews Baugur boss
In an interview on Squawk Box on the US television network CNBC, Jon Asgeir Johannesson, Executive Chairman of Baugur Group, spoke of “interesting tim...
International
International News and topics without borders
Finnish PM in talks about key EU positions
Discussions are underway among officials as to the allocation of jobs in the European Union among the various party alliances. According to the Finnis...
Electricity agreement signed between Yemen and Iceland
Yemen’s General Corporation for Electricity and Iceland’s Reykjavik Energy Invest company signed a new agreement on Sunday, according to reports by Sa...
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...
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...