Sweden’s trains going green
Sweden has unveiled a new high-speed train that will reduce energy use by 30 per cent over its existing trains. The Grona Taget (Green Train), which c...
Business
Information and news on Business and Finance related issues
Consumer confidence bounces back in Iceland
August experienced a jump in consumer confidence in Iceland, rebounding from a record low of the previous month, reports Reuters referring to a poll b...
Glitnir acts as financial advisor for American Seafoods acquisition
Glitnir Bank, a leading provider of financing and advisory services to the global seafood industry, has advised Seattle-based American Seafoods on the...
New Glitnir directors in Chile and Peru strengthen seafood team
Glitnir has appointed two new business directors for Chile and Peru, as part of a move to strengthen its global expertise within the seafood industry....
Norway to remove Murmansk wreck
Based on recent discoveries that the wrecked Russian cruiser Murmansk contains radioactive substances, the Norwegian government has decided to remove ...
Finland halts work on nuclear reactor over safety concerns
Finland’s fifth nuclear power plant, which is currently under construction, has been put on ice pending new studies on the safety of its building meth...
Norway completes controversial seismic survey near Lofoten Islands
Despite the outcry from local environmental groups, the Norwegian energy authority has wrapped up a full seismic survey of the Arctic waters around th...
CDS levels in Iceland continue to fall
CDS spreads on Icelandic banks improved significantly last week, according to research from Nordic bank Glitnir. Kaupthing’s CDS level fell by 3...