Former CEO of Glitnir Bank invests in Glitnir Property Holding
Bjarni Ármannsson, former CEO of Glitnir Bank, signed an agreement, after closing of market on Friday 21st of December, to buy 12% of Glitnir Property...
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Law tightened on employing sex offenders
A new bill passed in the final parliamentary session in Iceland last week expands upon existing legislation by prohibiting sex offenders from being em...
The second day of Christmas is here
Iceland celebrated Christmas this year covered in light white snow, the first real white Christmas in Reykjavik for a few years. Traditionally the sec...
3 Skypephone makes debut in Denmark, Sweden and Austria
The mobile phone company 3 is introducing the Skypephone in Denmark, Sweden and Austria, reports VoIP news. The Skypephone is an internet mobile phone...
Swedish Icehotel celebrates 18 years
The famous ICEHOTEL in Sweden marked its 18th year of business this year. The hotel, which is made of ice, is situated in the town of Jukkasjärvi in L...
Overload of trucks at Finnish-Russian border
The Valimaa border crossing station between southeast Finland and Russia was bogged down by a 60 kilometre tailback of lorries and trailers at the wee...
Iceland to begin Atlantic oil exploration
The Icelandic government intends to open the Dreki region in the Atlantic Ocean for oil and gas exploration in January 2009. New gas or oil sites woul...
Icelandic driver to race in New Zealand
The 18-year-old Icelandic race driver Kristjan Einar is one of the newest entries in round two of the Toyota Racing Series at Ruapuna, New Zealand. En...