Visa gift card processing contract signed between Valitor and Presend
It has been announced that a new Visa gift card processing contract has been signed between Valitor, an Iceland-based international issuing and acquir...
Business
Information and news on Business and Finance related issues
Finnair announces cost-cutting scheme
Finland’s flag carrier has announced a major cost-cutting initiative. Officials from Finnair said that the airline is aiming to slash costs by EUR 140...
TeliaSonera announces 2000 job cuts
Finnish-Swedish telecom provider TeliaSonera has announced it is to cut 2,000 jobs due to a drop in earnings. According to the firm’s chief executive ...
EU to provide funding for former Nokia employees
Finnish workers affected by the closure of Nokia’s factory in Salo are to receive EUR 5 million in funds from the European Union. The news comes amid ...
Iceland Statements Regarding Coastal States Negotiations on Sustainable Fishing of Mackerel
[PRESS RELEASE] The meeting between the Coastal States of Iceland, Norway, the Faroe Islands and the EU in London on the management of mackerel fisher...
Icelandair: Europe’s most punctual airline during September
According to recent statistics conducted by the Association of European Airlines (AEA), Iceland’s leading airline Icelandair was the most punctual air...
Chinese investors set to sign Iceland land deal
A major China-based investment firm is set sign a land deal with Reykjavik later this month. According to a report in The Global Times, the agreement ...
Seth Godin to give motivational speech at marketing event in Iceland
Author of the bestselling books Linchpin and Free Prize Inside Seth Godin is set to give a motivational speech at an upcoming marketing event in Icela...