Iceland invests ISK 37.1 million to improve communications in remote areas
Five remote areas across Iceland are set to benefit from improved telecommunications infrastructure following new government agreements worth a combin...
Business
Information and news on Business and Finance related issues
Volvo Cars to cut 2,000 jobs in Sweden as part of major savings plan
Roughly 2,000 jobs are set to be cut at Volvo Cars in Sweden as the carmaker seeks to save five billion kronor a year. Volvo Cars has unveiled a five-...
Nordic states oppose relaxing EU carbon market requirements
The prime ministers of Sweden, Finland and Denmark oppose plans to relax EU carbon market requirements, warning that the move could put industrial inv...
Microsoft subsidiary Xandr fined by Norway for sharing Grindr user data
Xandr, a Microsoft subsidiary, has been accused of sharing user data from the dating app Grindr and fined 92 million Norwegian kroner by Norway’s data...
Humanoid robots to be trialled in Danish supermarket to cover night shifts
Danish supermarket chain Føtex is set to trial humanoid robots that will restock shelves at night, with the aim of freeing up employees’ time and impr...
Nordic Scaleup Disrupts MarTech by Abolishing the ‘SaaS Tax’ and Seat Licenses
Recently, the Icenews team came across an interesting article in the Norwegian Kode24 about outdated subscription licensing when it comes to seat-base...
Iceland plans ISK 4,500 pass to access major nature sites
A new proposal has been put forward by Iceland’s government that would require non-tax residents to pay an annual pass fee of ISK 4,500 to access majo...
Norway sees gas production fall month on month
Norway’s natural gas production fell in August, leading to lower gas sales than in July. Norway sold about 10.6 billion cubic meters of natural gas in...