British investigators abandon inquiry into Iceland’s Kaupthing bank
Fraud investigators in the UK have dropped a probe into the collapse of Reykjavik-based Kaupthing bank due to a lack of evidence.
Business
Information and news on Business and Finance related issues
Valitor to expand its international issuing services with new hyperWALLET Systems partnership
Valitor, the Iceland-based acquiring services provider, has recently signed a new partnership with hyperWALLET Systems Inc. to expand its internationa...
Finnair passenger numbers up, but cargo lacking
Finland’s flag carrier reported a substantial rise in passengers carried last month, but its cargo business remains down. Officials from the Helsinki-...
Over 40 organisations enter Icelandic travel industry cluster partnership
Earlier this week, the first meeting of a new cluster partnership within the Icelandic travel industry took place at the Nordic House in Iceland’...
Keflavík International Airport sees record passenger traffic increase for summer 2012
Iceland’s main international airport, Keflavík International Airport (KEF), saw a record breaking increase in passenger traffic during the summer mont...
Valitor partner CenPOS signs exclusive agreement with Infor for fully integrated payment solutions
The partner of the Iceland-based acquiring services provider, Valitor, CenPOS, has recently signed an exclusive worldwide agreement with Infor to prov...
Total opposes arctic drilling
French oil giant Total has made an unprecedented move among big oil companies by expressing concerns over drilling efforts in the Arctic.
Finland may abandon coal
Finland’s economy minister has said that the Nordic country may become Europe’s fist economy to completely phase out coal use.