UK city chief plans multi-billion powerline from Iceland
British city financier Edi Truell has spoken of his ambitious plans to develop the longest undersea power cable in the world, in an attempt to power t...
Business
Information and news on Business and Finance related issues
Finland: Many Anttila department stores to close
Parent company Kesko has announced that it is to close down one in three Anttila department stores in Finland despite the fact that the company saw an...
Iceland-China Free Trade Agreement passed
The Icelandic parliament Althing passed a Free Trade Agreement (FTA) with China on Wednesday. The Althing passed the agreement after 56 members voted ...
Copenhagen Airport announces expansion plans
Copenhagen Airport has announced plans to expand, giving it the capacity to handle 40 million passengers a year compared to its current 24 million cap...
Statoil considers quitting west Greenland in cost-cutting move
Norway’s biggest energy company Statoil is considering quitting west Greenland in an effort to cut costs. The exploration licences are something the c...
Helga Maria trawler set for new role
Icelandic trawler Helga Maria has returned to sea in its new role as a fresh fish catcher. The trawler, which was previously named the Haraldur Kristj...
Iceland Geothermal Cluster to facilitate startup energy investment program
Iceland Geothermal Cluster, a network of organisations within the geothermal energy sector in Iceland, will be facilitating the forthcoming energy inv...
Arctic Services grows collective to offer central hub for Arctic operations
Arctic Services, a joint initiative of diverse companies and institutions in Iceland, has continued to grow its collective since it was first introduc...