Kaupthing creditors own majority of Arion: confirmation
(PRESS RELEASE from the Kaupthing resolution committee:) The Resolution Committee of Kaupthing Bank contributes up to ISK 66 billion in common equity
Business
Information and news on Business and Finance related issues
Small businesses unaware of Internet- and information security risks
According to a recent survey conducted by the NCSA (National Cyber Security Alliance), 70 percent of small businesses claim to not have any formal Int...
Finland counts the cost of insomnia
Serious sleep disorders have been on the increase in recent years in Finland, with resultant costs associated with specialty care reaching an estimate...
Norwegian immigrants face oppression in the workplace
Racism is believed to be the reason behind why so many immigrants in Norway feel oppressed at work, reveals a new survey. Migrants face frequent exclu...
Danish insurers claim climate change is pushing up premiums
Danish insurance companies are planning to force up insurance premiums on the grounds that climate change is costing them money.
Kaupthing Bank changes to Arion Banki
Press release from Arion Banki: From yesterday, 21 November 2009, New Kaupthing Bank changed its name to Arion banki. The new name signals a new direc...
Telenor to launch billion dollar Indian mobile venture
Telenor, the Norway-based telecom provider, will soon strengthen its global operation with the addition of a new mobile service under the brand name U...
Denmark declares Nivea and Biotherm potentially dangerous
The Danish Consumer Council has declared that leading brands including Nivea and Biotherm skin products contain suspicious substances.