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...
Business
Information and news on Business and Finance related issues
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 ...
Iceland and Bulgaria compete to pamper
Although Iceland has the highest number of mineral springs in the world, according to spa experts, Bulgaria may soon emerge as the most popular countr...
Finland PM headed to South Korea and Japan
The Prime Minister of Finland, Matti Vanhanen recently announced plans to visit both Japan and South Korea in the near future. According to reports by...
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 ...
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...