More gambling may be coming to Sweden
The Swedish government is considering opening its doors to foreign gaming companies, The Local reports. It will be a tricky proposition, however, as t...
Business
Information and news on Business and Finance related issues
XL liquidation causing headaches in Iceland
XL Leisure group, the third largest tour operator in the UK, has collapsed and the ripple effect is spreading quickly, leaving the owners of West Ham ...
Students in Norway cheating financial aid system
Evidence has come to light that some Norwegian university students are cheating the system. It would appear that the students are collecting student a...
Glitnir Bank arranges loan for US geothermal power plant
Glitnir, a leading provider of financing and advisory services to the geothermal energy industry, announced yesterday that it co-arranged a US$180 mil...
Fannie and Freddie bolster Iceland stock exchange
IcelandReview.com reports that the OMX-NASDAQ stock exchange in Iceland took an upswing yesterday in response to positive economic news from the USA. ...
Norway plans to spend heavily on renewable energy
Norway plans to use some of its vast sovereign wealth fund to develop sustainable energy. Despite being flush with oil, an unspecified proportion of N...
Norway not hunting enough whales
Last week Norway officially stated that it would not be able to catch enough whales this year to meet its allocated quota. Few nations still allow wha...
Iceland to start drilling for oil
The Icelandic government has offered 100 licenses to companies to start exploring for oil off the country’s northeastern coast. Iceland could st...