UK SFO Iceland trip bearing fruit
The British Serious Fraud Office (SFO) is looking into the affairs of the old Icelandic banks and hopes to soon decide whether or not a formal investi...
Business
Information and news on Business and Finance related issues
Creditors acquire 95 percent of share capital in Islandsbanki
Announcement from Glitnir’s Resolution Committee, the Ministry of Finance and Íslandsbank:
IOC plotted against Obama
The International Olympic Committee had made its decision to award the 2016 Olympic Games to Rio de Janeiro long before the much publicised visit by U...
Greenland rejects new national currency
Greenland will continue to use the Danish krone as its currency after the ruling government declined to adopt the National Bank’s new printed notes. S...
Greenland government rentals to get more expensive
Kuupik Kleist, the Prime Minister of Greenland, has supported a move to increase rental prices by up to 50 percent on some government owned properties...
Copenhagen weighs up cost of IOC event
The Danish capital has been reviewing the expense of hosting the latest International Olympic Committee meeting and all signs point to benefits signif...
Norway rated world’s best place to live, again
Once again Norway has taken the honour of being named best country in the world to live in, heading off Australia and Iceland to win for the second co...
Islandsbanki committed to Geothermal Energy development in the U.S
According to the third annual U.S. Geothermal Energy Market Report issued by Islandsbanki (formerly Glitnir), there are around 144 geothermal energy p...