Fishing industry loses faith in research institute
The once well-respected Marine Research Institute (MRI) in Iceland has lost the support of many local fisherman this year who expressed their lack of ...
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BizzEnergy appoints new CEO
BizzEnergy, the UK’s leading independent supplier, yesterday announced the appointment of Stephen Taylor as the new CEO. Stephen, previously Regional ...
Largest torrent site in Iceland shut down
Efforts by a consortium of anti-piracy organisations were finally successful last week in shutting down Iceland’s largest BitTorrent website. The webs...
Wind power network proposed for Europe
An energy network stretching across 5,000 miles could cut carbon emissions in Europe by as much as 25% according to scientists. The proposed scheme wo...
Large number of earthquakes in Iceland
Fifteen earthquakes hit the north side of Langjökull glacier in the interior of Iceland on Monday. The largest measured 4.4 on the Richter scale and w...
Novator calls for changes in Finnish telecoms firm
Finnish telecoms operator Elisa has been asked by its largest shareholder Novator for radical changes in their operations. Novator, the investment fir...
Glitnir to develop first geothermal power plants in India and Nepal
Nordic bank Glitnir and Indian energy company LNJ Bhilwara Group last week signed a MoU (Memorandum of Understanding) to collaborate in developing geo...
Canadians on trade mission in Iceland
Residents of Newfoundland Canada visited Iceland last week to showcase local products for the holiday season. Representatives from 31 companies made t...