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...
Business
Information and news on Business and Finance related issues
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...
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...
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 ...