Lithuanians unite in Iceland
Last Saturday, immigrants from Lithuania met in Reykjavik as part of an establishing congress. According to reports in the Baltic Course, Lithuanians ...
Business
Information and news on Business and Finance related issues
Actavis pharmaceuticals strengthens retail presence in Australia
Actavis, a generic pharmaceuticals company based in Iceland, has signed a distribution agreement for a number of retail products with Australian compa...
Icelandic CDS levels keep falling
Credit default swap (CDS) levels on Icelandic banks have fallen considerably following credit agreements between Iceland and the central banks of Swed...
Offshore savings bank releases fixed rate bonds
Isle of Man based savings bank, Bradford & Bingley International, has launched two new fixed rate bonds. A limited edition one year bond (Fixed Ra...
Nordic banks boost Icelandic economy
Three Nordic central banks have lent Iceland credit of up to 1.5 billion euros ($2.3 billion) to strengthen the country‘s foreign currency reserves, r...
Glitnir closes covered bond in Norway
Glitnir Bank in Norway recently announced it had successfully closed a covered bond issue of NOK 7 billion (approximately EUR 900 million). The Icelan...
Finnair’s labour dispute causes cancellations
Last Saturday the Finnish Airline Pilots’ Association instituted a ban on overtime hours for pilots, according to reports in the Finnish news agency, ...
Airports face closures if union talks break down
Airports are scrambling to conclude wage settlement talks with the umbrella union LO Stat before 16th May. If the two parties do not come to an agreem...