Biofuel producing bacteria discovered in Iceland
A scientific exploration of hot springs in Iceland has uncovered a new strain of bacteria which is able to produce hydrogen and ethanol fuels. A new r...
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Marel buys Stork Food Systems
Icelandic company Marel Food Systems recently doubled its size again with the purchase of Stork Food Systems for €415 million ($607 million, £300 mill...
FL Group signs property deal with Baugur
Icelandic investment company FL Group announced on Tuesday an agreement to buy the property holdings of Baugur Group in a deal worth ISK 53.8 billion ...
Personal DNA data soon available to all
deCode Genetics in Iceland is joining a handful of other companies breaking into the market of genetic information databases that are available to mem...
Tough times for Icelandic Group Plc
The last financial statement issued by Icelandic Group Plc indicated that the company is still in choppy waters. The group, which owns Seachill and Co...
Glitnir wins Bank of the Year 2007
The Banker magazine named Glitnir as Icelandic ‘Bank of the Year’ at its annual awards ceremony last week in London. Nordic bank Glitnir w...
First socially conscious online TV network launched
James Blunt, Kate Bosworth, Ray Winstone, Christian Slater and Nelson Mandela’s charity, 46664, have joined forces to support a new online network whi...
India and Iceland conclude tax agreement
Representatives of the governments of India and Iceland signed a Double Taxation Avoidance Agreement last week, in a move designed to strengthen the t...