British and Icelandic economies closely linked
Since January, the value of Iceland’s currency has fallen considerably and international confidence in the country’s banks to cover their foreign debt...
Business
Information and news on Business and Finance related issues
Iceland the most peaceful country
A new index created by the Centre for Strategic and International Studies has ranked 140 countries around the world in terms of their peacefulness in ...
Scandinavian airports lead the way on fuel efficient landings
A new approach to flying has found a way to make aircraft landings cleaner and quieter. According to reports by Wired, airports in Scandinavia are lea...
Hotel project raided for possible labour abuse
A hotel renovation project in Oslo was raided by both police and state labour authorities on Wednesday according to reports in Aftenposten. The hotel,...
Oil platform leaks for second time in six months
Last weekend, an oil platform located in the North Sea suffered an oil leak. Environmental researchers say that the leak has had no discernable impact...
Offshore savings bank rebrands website and accounts
Offshore savings specialists Bradford & Bingley International have relaunched their corporate website and savings accounts range as part of a majo...
Iceland interest rates unchanged
The Central Bank of Iceland’s board of governors met last week to consider the country’s interest rate and announced that the current rate of 15...
Convention signed between Iceland and South Korea
The governments of Iceland and South Korea have agreed to work together in order to foster stronger economic cooperation. According to reports in the ...