Sweden ready for world’s first permanent nuclear waste dump
Half a kilometre beneath the Swedish town of Oskarshamn is the Aespoe Hard Rock Laboratory, an underground maze of tunnels running four kilometres thr...
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Information and news on Business and Finance related issues
Norway’s StatoilHydro and Russia’s Gazprom reach agreement
A Memorandum of Understanding has been signed by StatoilHydro’s President and CEO Helge Lund and Gazprom’s Management Committee Chairman Alexei Miller...
Norway claims overfishing in Barents Sea greatly reduced
Illegal fishing activity in the Barents Sea appears to have been greatly reduced thanks to the joint efforts of the Norwegian and Russian governments....
Finnair could trim up to 1,200 jobs
Like most airlines around the world, Finnair is struggling to find ways to cut costs as the number of global air travellers continues to slump. The Fi...
Central Bank of Iceland policy rate lowered
The Monetary Policy Committee has decided to lower the Central Bank of Iceland’s policy rate by 100 basis points to 12.0 percent. Overnight lend...
Boom time for Danish sperm bank
One business that is booming in this period of global economic recession is Denmark’s Cryos, the world’s largest sperm bank. Cryos is busy opening new...
Norway opens first stretch of hydrogen highway
More than a dozen hydrogen-powered cars participated in a rally race of sorts to mark the opening of a 560-kilometre stretch of highway that is conven...
Finland rejects Russian call to change freight system
Finland’s transport minister was joined by the Finnish hauliers’ lobby in rejecting a proposal by the Russian Federal Customs Service that wants to mo...