Glitnir wins Bank of the Year 2007
The Banker magazine named Glitnir as Icelandic ‘Bank of the Year’ at its annual awards ceremony last week in London. Nordic bank Glitnir w...
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Information and news on Business and Finance related issues
India and Iceland conclude tax agreement
Representatives of the governments of India and Iceland signed a Double Taxation Avoidance Agreement last week, in a move designed to strengthen the t...
BizzEnergy appoints new CEO
BizzEnergy, the UK’s leading independent supplier, yesterday announced the appointment of Stephen Taylor as the new CEO. Stephen, previously Regional ...
Glitnir to develop first geothermal power plants in India and Nepal
Nordic bank Glitnir and Indian energy company LNJ Bhilwara Group last week signed a MoU (Memorandum of Understanding) to collaborate in developing geo...
Canadians on trade mission in Iceland
Residents of Newfoundland Canada visited Iceland last week to showcase local products for the holiday season. Representatives from 31 companies made t...
Iceland encouraged to invest in India
A delegation of Icelandic business people on an official visit to India met last week with the Indian Finance Minister, Mr. P Chidambaram. The ministe...
Glitnir bank rating unaffected by S&P outlook
Standard & Poor cut its outlook for Iceland to ‘negative’ from ‘stable’ yesterday, citing the increased risk of a hard landing for the economy. Ic...
Rising food prices push up UK inflation
Higher food prices in the UK have pushed up inflation to 2.1% in October from a previous 1.8% in September. The new rate exceeds the government’...