Actavis buys Chinese API manufacturing firm
Actavis, a leading generic pharmaceuticals company, has acquired a 90% share in Zhejiang Chiral Medicine Chemicals Company in China for an undisclosed...
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Styrkur Invest holds a 39.05% stake in FL Group
After Baugur Group’s changes today, Styrkur Invest now holds 39.05% of shares in FL Group. According to Styrkur Invest spokesman and its CEO, Ei...
Iceland and Norway join race for carbon neutrality
Four nations are currently in a race to become the first country in the world to be carbon neutral on a national scale, reports the Independent. Icela...
Icelandic company invests in Romanian construction boom
Gigant Construct, a real estate development company owned by five businessmen from Iceland, plans to start on further construction projects in a prime...
Carbon tax? Ask the Danes
The business of pollution and buying your way out of it with carbon credits is big news these days. From governments levying carbon taxes to air trave...
Bankers reject claims that Iceland is in financial crisis
“Fears of a meltdown are vastly overblown“, wrote Hannes Gissurarson, professor of political theory at the University Iceland in the Wall Street Journ...
Offshore savings bank launches 6.30% bond – BBI
Savings specialists Bradford & Bingley International (BBI) have released a fixed rate offshore bond paying up to 6.30% interest. The Fixed Rate Bo...
Iceland wants a piece of Google pie
According to a recent report by Business Week, the costs of cooling data centres and providing them with operational power is growing, leading Iceland...