Sterling Airways bailout falls through
The bankrupt budget carrier Sterling Airways, which is based in Copenhagen, has lost the confidence of the venture capital firm Axcel that was plannin...
Business
Information and news on Business and Finance related issues
Cod stocks at the centre of discussions between EU and Norway
The recovery of the dwindling cod stocks in the North Sea is a major conservation issue for many nations involved in the regional fishing trade. The E...
Iceland: Request for Stand-By Arrangement – IMF Staff Reports
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: In the context of the Stand-By Arrangement, the following documents have been released and are include...
Kaupthing Bank hf. granted a moratorium
PRESS RELEASE FROM KAUPTHING BANK: On 24 November 2008 the District Court of Reykjavik granted Kaupthing Bank hf. (“Kaupthing”) a moratori...
Ryanair strikes back at stuffy Swedes
In an attempt to lighten the mood of stuffy “anti-fun” Swedish politicians, Ireland-based budget carrier Ryanair has responded to outrage over an alle...
Interest in jobs abroad
People who have lost their jobs, or fear they might be fired, have shown huge interest in jobs abroad. Foreign companies see opportunities and want to...
Nordic nations top gender equality index
Once again the nations of Scandinavia are considered to have the highest levels of gender equality in the world. The Swiss-based World Economic Forum,...
Dutch, German and British loan to Iceland
A spokesman for the Dutch Ministry of Finances said earlier today that Dutch authorities will grant Iceland up to 1.3bn euro, MBL reported. The condit...