Posted on 18 January 2012.
Investment and holdings companies in Iceland have had 83 percent of their debts written off since a law was passed on helping indebted individuals, households and companies following the 2008 banking crash up to 30th September last year. Read the full story
Posted in Business, General, Iceland, MBL, PoliticsComments (0)
Posted on 04 January 2012.
752 people lost their jobs in 23 group layoffs last year in Iceland. The construction industry was again worst-hit and 69 percent of those laid off live in the capital region. Read the full story
Posted in Business, Iceland, MBL, SocietyComments (1)
Posted on 21 December 2011.
Reykjavík’s iconic landmark to geothermal heat, Perlan, will controversially be sold to investors wanting to build a hotel and bathing spa next to the space-age dome. Read the full story
Posted in Business, Energy, Iceland, MBL, PoliticsComments (0)
Posted on 20 December 2011.
The Icelandic snowboarding fashion company Nikita has been bought out by Finnish sports conglomerate Amer Sports. Read the full story
Posted in Business, Finland, Iceland, International, Leisure, Lifestyle, MBL, SportsComments (0)
Posted on 17 December 2011.
Nordic Innovation is a free, online magazine showcasing all areas of innovation in the Nordic region. The third issue of the magazine has just been released and its over-60 pages are filled with useful and interesting information. Read the full story
Posted in Business, Culture, General, Iceland, International, Leisure, Lifestyle, MBL, TechnologyComments (0)
Posted on 07 December 2011.
Cairn Energy has yet again failed to find oil or gas at its wells in Greenland. The Scottish exploration company’s shares fell one percent on the announcement that another two dry wells are to be plugged and abandoned. Read the full story
Posted in Business, Energy, Environment, General, Greenland, International, MBL, Technology, United KingdomComments (0)
Posted on 05 December 2011.
The Nordic countries remain some of the least corrupt in the world, according to a new report from Transparency International — but Iceland has slipped further behind its neighbours. Read the full story
Posted in Business, Culture, Denmark, Finland, General, Iceland, International, MBL, Norway, Politics, SwedenComments (2)
Posted on 04 December 2011.
The owner of the largest plot of land at Grímsstaðir á Fjöllum in northeast Iceland, says that it could very well be possible to rent the land to Chinese investor Huang Nubo to build a luxury resort. The Icelandic government denied Mr. Huang permission to buy the land — a move he criticised vocally as Western bias against China. Read the full story
Posted in Business, China, General, Iceland, MBL, Politics, TravelComments (1)
Posted on 03 December 2011.
The undersea cable which Emerald Networks intends to lay between Ireland and the USA, with a connection to Iceland, will help Iceland create jobs in the creative sector and support environmentally friendly business, according to the company’s Icelandic rep, Þorvaldur Sigurðsson. Read the full story
Posted in Business, Energy, Environment, General, Iceland, International, Marketing and Consulting, MBL, TechnologyComments (0)
Posted on 30 November 2011.
Finnish-German telecoms giant Nokia Siemens has surprised the business world by announcing 17,000 job cuts, representing a very-significant 23 percent of its workforce. Read the full story
Posted in Business, Finland, General, International, MBL, TechnologyComments (1)
No Motörhead wine for Icelanders, branding too negative
Reykjavík Winter Lights Festival begins today
Multiple shooting in Greenland hamlet
IMF refutes claim it tried to shut Icelandic national theatre and museum
Iceland central bank holds rates, predicts ongoing economic growth
Continued Malmö violence embarrasses police
Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
Iceland historic French village restoration finance secured
Murder in Hafnarfjörður
