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Economy

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OSP takes Board of Directors of SPRON to court for breach of trust

The Office of the Special Prosecutor in Iceland (OSP) took the Board of Directors of SPRON, Iceland´s largest Savings Bank before the bank Collapse in...

BusinessOctober 13, 2014
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Questions raised about CEO of Icepharma in light of charges from the Office of the Special Prosecutor

Questions have been raised about whether the CEO of Icepharma, Margret Gudmundsdottir, should remain as the Chairman of the Board of N1, Iceland’s big...

BusinessOctober 11, 2014
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Board of Directors of SPRON charged with breach of trust

The Office of the Special Prosecutor in Iceland has charged the Board of Directors of SPRON, the country’s largest Savings Banks, which collapsed duri...

FinanceOctober 10, 2014
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Norway may be cashless society by 2020

A leading Norwegian financial organisation has said the country is on course to becoming a cashless society by 2020.

NorwayJuly 26, 2014
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Former Kaupthing bosses charged with fraud

  The former chief executive and chief financial officers of Kaupthing have been charged with fraud and breach of trust by Iceland’s special pros...

BusinessJuly 13, 2014
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Plans to merge Icelandic fishing companies

Two of Iceland’s biggest fishing companies, which represent catchers and processors, are considering a merger to form a more powerful organisation wit...

IcelandJuly 11, 2014
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Iceland plans euro bond sale

Iceland is planning to sell its first euro bond since 2006, moving away from the US dollar funding it has been dependent on since its economy crashed ...

FinanceJuly 10, 2014
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Reduced quota affects HB Grandi earnings

A reduced capelin quota has resulted in less earnings and operating profits for Icelandic trawler firm HB Grandi over the first three months of 2014.

IcelandJune 7, 2014
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Microsoft subsidiary Xandr fined by Norway for sharing Grindr user data

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Humanoid robots to be trialled in Danish supermarket to cover night shifts

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