SPX signs USD 100 million deal with Orkuveita Reykjavikur
Orkuveita Reykjavikur, an Icelandic utility company, will be using the services and equipment of SPX Corporation in its thermal-equipment business. Th...
Business
Information and news on Business and Finance related issues
Bradford & Bingley International launches 7.00% fixed rate bond
Offshore savings bank Bradford & Bingley International has just released its latest fixed rate sterling savings bond which is offering an interest...
Icelandic economy will avoid recession says IMF
According to a recent forecast from the International Monetary Fund, Iceland’s economic growth in 2008 will be higher than the IMF had predicted in it...
Actavis picks up quality awards in Serbia
Generic drug manufacturer Actavis in Serbia has been awarded a number of certificates for product quality, the environment and occupational health and...
Grimsson speaks at debate in Doha
Icelandic President Olafur Ragnar Grimsson recently participated in a debate in Doha entitled the “Economics of Energy.” According to reports by CNN, ...
FT awards Glitnir Bank for geothermal energy loan
Nordic bank Glitnir won second prize for ‘Sustainable Deal of the Year‘ at the Financial Times Sustainable Banking awards in London last week. Glitnir...
Iceland detains illegal bees
40,000 honey bees on their way from Norway to an Icelandic bee farm have been delayed at the Icelandic port of Seydisfjordur. The bees had already com...
Iceland can avoid recession says PM
The Prime Minister of Iceland, Geir Haarde, said the economy could evade a recession forecast by the Ministry of Finance and the Icelandic Central Ban...