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...
International
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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...
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...