Baugur abandons Moss Bros bid
Icelandic investment group Baugur paid advisers to help them on a deal to acquire Moss Bros. When the group decided against the GBP 40 million bid for...
Business
Information and news on Business and Finance related issues
Feature article: Tapping energy from the sun
By: Azvar A. Khan (Mr.) In these days of escalating oil prices, it’s becoming extremely difficult for a common citizen to pay off his/her monthly elec...
Sweden swallows higher food prices easily
Food prices across the globe have been increasing this year and even the wealthy nation of Sweden has been affected. National Geographic News recently...
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...
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, ...