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...
Business
Information and news on Business and Finance related issues
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...
Glitnir becomes second largest broker on Oslo Stock Exchange
Glitnir increased its market share to 7.37% of the equity turnover on the Oslo Stock Exchange in March. It means the Nordic banking group is now the s...
Icelandic PM gives insight into state of economy
Icelandic Prime Minister Geir Haarde addressed the Annual Meeting of the Central Bank of Iceland on Friday in which he stated the following: “Al...
Beer-loving Danes look East
With Carlsberg and Heineken’s recent takeover of the UK’s biggest brewery Scottish and Newcastle, the Danish brewer is hoping to make big inroads into...
Glitnir bank sells bonds for $200m (ISK 15bn)
Nordic bank Glitnir sold ISK 15bn ($200m) of five year mandatory convertible bonds in a closed offer to Icelandic institutional investors that ended y...