Landsbanki under restriction due to FSA regulations before terrorist laws applied
A letter sent from the UK FSA, Financial Services Authority, to Landsbanki on the 3rd October 2008 established that assets were frozen five days befor...
Business
Information and news on Business and Finance related issues
Swedish probiotic tampons launched in China
A deal between Swedish biotech firm Ellen AB and Chinese company Beijing Zhonglian Pharmaceutical saw shares in the Scandinavian company soar last wee...
Renewed popularity for nuclear power
Years of stout opposition towards nuclear energy is fading, as global warming causes increased acceptance.
Central Bank of Iceland cuts key rate to ten percent
Press statement from the CBI: The Monetary Policy Committee (MPC) has voted to change Central Bank interest rates as follows. The deposit rate (curren...
Danish pensions funding Jewish settlements
Danish pension funds are indirectly investing billions in firms involved in settlements that have been declared illegal by the United States and Unite...
Proposed tax hikes to affect top income earners in Finland
New income tax increases proposed by Finnish Prime Minister Matti Vanhanen could result in those who earn over EUR 47,000 a year facing significant ra...
Norway.com sold to America
The Norwegian American Foundation (NAF) has purchased the Norway.com website, with the site headquarters to be based in Seattle, Washington.
Iceland beats the United States in search for renewable energy
According to a wholesale data-centre hosting company, Verne Global, Iceland is the world’s number one location for cheap and environmentally sound ene...