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...
Business
Information and news on Business and Finance related issues
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...
Tax treaty signed between Iceland and America
The US Treasury Department last month announced the signing of a new treaty relating to income tax. The treaty was singed by Deputy Secretary Robert K...
Icelandic company makes joint bid for Saks
The famous luxury department store Saks Inc, could come under a joint ownership of investors from Iceland and Dubai. Iceland’s Baugur Group and Dubai’...
Who’s who of the Glitnir White Sox rock band
Current members of the Glitnir White Sox rock band include: Spike Edney – Keyboard / Guitar In addition to being legendary rock band Queen’s mus...