Representatives of a large investment group wishing to buy Iceland’s Hagar retail business say they have been locked out, claiming to be disappointed on behalf of the man on the street. Read the full article

A new Russian film which tells the story of a troupe of drag queens is swarming with stereotypes, according to Finnish actor Ville Haapasalo. Read the full article

The alleged embezzlement of tens or hundreds of millions of Icelandic kronur by a staff member at Old Kaupthing Bank is under police investigation. The woman accused of misappropriating the funds was sacked when the issue first came to light. Read the full article

Immigrants who will not or cannot integrate effectively into Danish society are set to receive a handout, if they are willing to leave for home. Read the full article

A group of people who purchased shares in Glitnir Bank after the state took possession of a 75 percent stake on the 29th September last year, is planning to sue the Icelandic government for the refund of its members’ money. Read the full article

Press release from Arion Banki: From yesterday, 21 November 2009, New Kaupthing Bank changed its name to Arion banki. The new name signals a new direction and new values. Following the restructuring of the bank in the recent economic turmoil at home and abroad, the bank is shifting its focus in response to the demands for change made by its customers and employees. A new name will also help eliminate any confusion among the public and the bank’s business partners in Iceland and abroad. Read the full article

Telenor, the Norway-based telecom provider, will soon strengthen its global operation with the addition of a new mobile service under the brand name Uninor in India. Read the full article

It was announced yesterday evening that Reykjavik Energy has signed a loan deal with the European Investment Bank for around ISK 30 billion (EUR 170 million). Read the full article

The Church of Norway Council on Ecumenical and International Relations and the Islamic Council of Norway have published a joint statement that condemns violence in close relationships and within the family. Read the full article

The 2008 cod stock in Icelandic waters was the strongest it has been since annual research trips began in the autumn of 1996; but preliminary figures this year are slightly less optimistic. Read the full article