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...
Business
Information and news on Business and Finance related issues
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...
Nordic region must lead way in climate change
At their summit in Iceland, environment ministers from the Nordic region stressed in a public statement that “The Nordic Region must show the way and ...
Swedish billionaire buys English village
Stefan Persson, the billionaire owner of Sweden’s clothing retail chain H&M, is set to sign the papers to purchase an entire village in the southe...
Belgians will help Volvo
The regional government of Flanders in Belgium has confirmed that it will acquiesce to Volvo’s recent appeal for help. Volvo Cars CEO Stephen Odell me...