Iceland heading for housing crisis
A housing crisis has been predicted for Iceland by the Icelandic Confederation of Labour (ASÍ). Gylfi Arnbjörnsson, Managing Director, said increasing...
Business
Information and news on Business and Finance related issues
Landsbanki in £1.4 billion takeover bid
Last week the Icelandic bank, Landsbanki, teamed up with Cenkos Securities to place a bid for ownership of a 129 year old bank controlled by the Close...
Inspired doubles commitments to Responsibililty in Gambling Trust
Visit the Inspired Gaming Group website for the current Inspired Gaming share price. Inspired Gaming Group plc (Inspired) has reviewed its commitment ...
A €665 million year for fishing in Iceland
During the course of the last financial year, the five largest fishing and seafood processing companies in Iceland recorded a combined turnover of aro...
UK hosts Internet marketing expo
Internet marketing experts from around the world will be gathering for the Search Marketing Expo (SMX) conference to be held for the first time in Lon...
Reykjavik Energy Invest in joint venture bid for Philippines
Reykjavik Energy Invest (REI) has joined forces with First Gen Corporation in order to submit a bid for a share in PNOC Energy Development – a ...
Surprise rise in Icelandic interest rates
Iceland’s central bank, the Sedlabanki, recently raised the Icelandic policy interest rate, making it the highest interest rate charged in any develop...
China becomes global seafood giant
China is now the largest producer of seafood in the world, supplying some 35% of total global seafood products, according to the latest report by Nord...