Spotify music service not impressing its artists
In the ongoing quest to find the next commercially viable way for music artists and their labels to make money from their songs, a Swedish firm called...
Business
Information and news on Business and Finance related issues
Business innovation on the up in Iceland
Today, with the banks rather smaller than before, knowledge-based companies are again able to tap the talent which Iceland’s highly educated people ha...
High methane levels in Svalbard
Methane was found bubbling on the sea bed in the Svalbard Islands, according to the Barents Observer. More than 250 plumes of methane bubbles were dis...
Icelandic Parliament says yes to Icesave deal
49 MPs said yes to the changed version of the Icesave deal, passing it through Parliament at around 23.00 last night. This disputed matter has shaken ...
Mar Gummundsson takes over as Governor of the Central Bank of Iceland
Press release from the Central Bank of Iceland: Már Guðmundsson took over from Svein Harald Øygard as Governor of the Central Bank today. Since 2004, ...
Eimskip shipping company no longer sinking
Eimskip, the largest shipping company in Iceland, announced yesterday that its 57 unsecured creditors have agreed to swap their loans for equity, acco...
Copenhagen’s new Ferris wheel is hard to miss
Move over Little Mermaid, a massive 50 metre-high Ferris wheel could mark the beginning of a new iconic era in Denmark’s capital city. The Ferris whee...
Saab sales in Sweden hit rock bottom
It’s not a good time to be a car dealer in Sweden. The lingering economic recession affected consumer car sales to the tune of a 13.9 percent drop in ...