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Icelandic pension fund interested in Magma Energy’s HS Orka offer

Posted on 23 August 2010. Tags: Björk, Canada, hs orka, Iceland, magma energy

Three weeks ago the joint enterprise fund of the Icelandic pension funds declined Magma Energy's offer to purchase a 25 percent stake in HS Orka - but now the Pension Fund of Commerce is considering buying into the company unilaterally. Continue Reading

Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, Politics, Society0 Comments

Large electromagnetic storm hits Nordic region

Posted on 06 August 2010. Tags: electric, electromagnetism, Northern Lights, science, space, storm, sun

The electromagnetic storm which hit the upper atmosphere over Iceland, Scandinavia, Greenland and North America this week was the biggest since December 2006. Continue Reading

Posted in Canada, Denmark, Energy, Environment, Faroe Islands, Finland, General, Greenland, Iceland, International, MBL, Norway, Saami, Scandinavia, Sweden, Technology, United States2 Comments

Icelandic town to sue government if it stops Magma Energy deal?

Posted on 03 August 2010. Tags: business, hs orka, Iceland, magma energy, reykjanesbær

The chairman of the Reykjanesbaer town council says he does not see how Magma Energy can pull out of the HS Orka purchase at this stage and added the town would consider suing the State if it interferes to cancel the deal. Continue Reading

Posted in Business, Canada, Energy, General, Iceland, MBL, Politics2 Comments

Icelandic festivals in North America

Posted on 01 August 2010. Tags: Canada, festival, Iceland, leisure, usa, viking

Icelandic Prime Minister Johanna Sigurdardottir is currently in North America and will be a guest of honour at two annual Icelandic festivals. Continue Reading

Posted in Canada, Culture, General, Iceland, Leisure, MBL, United States0 Comments

Transatlantic flights to Canada for Scandinavia travellers provided by Icelandair

Posted on 30 July 2010. Tags: Alaska Airlines, Connecting Flights, Connecting Flights to Canada, Flights from Canada, Flights from Scandinavia, flights to canada, Flights to Scandinavia, Horizon Air, Icelandair

Icelandair, in cooperation with Alaska Airlines, is providing connecting flights to Canada from Seattle’s Seattle-Tacoma International Airport, for those travelling from Scandinavia this summer. Continue Reading

Posted in Business, Canada, General, Iceland, International, Leisure, Travel, United States0 Comments

Icelandic software used on London Stock Exchange

Posted on 28 July 2010. Tags: aol, apple, deutsche bank, Iceland, intel, lse, technology, tm software

Iceland's TM Software ehf. has been selling its high tech products over the internet to some of the biggest financial institutions in the world. The company's profile has grown bigger and faster than anybody expected. Continue Reading

Posted in Business, Canada, General, Iceland, International, MBL, Technology, United Kingdom, United States0 Comments

Icelandair and Alaska Airlines announce codeshare and frequent flier partnership

Posted on 28 July 2010. Tags: Alaska Airlines, Codeshare, flights to Reykjavik, flights to Seattle, Flights to Toronto, Frequent Flier, Horizon Air, Icelandair, Mileage Plan

Icelandair, Alaska Airlines and Horizon Air have recently announced they are entering into a new codeshare agreement, of which will also include the launching of a reciprocal frequent flier partnership. Continue Reading

Posted in Business, Canada, General, Iceland, International, Leisure, Travel, United States1 Comment

Magma Energy’s Icelandic dream dealt government setback

Posted on 27 July 2010. Tags: Energy, hs orka, Iceland, Johanna Sigurdardottir, magma energy, money

The Icelandic Prime Minister is to set up a committee of independent experts to investigate the privatisation of Icelandic energy companies - especially the purchase of HS Orka by Canada's Magma Energy. Continue Reading

Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, Politics3 Comments

HS Orka sale still raising questions in Iceland

Posted on 25 July 2010. Tags: Canada, Glitnir, hs orka, Iceland, investment, magma energy

Asgeir Margeirsson, CEO of Magma Energy Iceland, says he does not see what difference it makes which particular foreigners own the HS Orka geothermal company; but says it will fall into foreign hands either way. Continue Reading

Posted in Business, Canada, Energy, General, Iceland, MBL, Politics2 Comments

Direct flights from Seattle to Reykjavik announced by Icelandair

Posted on 23 July 2010. Tags: Alaska Airlines, Direct Flights to Seattle, Flight to Seattle, Flights from Seattle, flights to Reykjavik, Icelandair

Icelandair has recently announced it is offering a new direct flight service to and from Seattle, USA, and Reykjavik, Iceland, as part of its summer schedule. Continue Reading

Posted in Canada, General, Iceland, International, Leisure, Scandinavia, Travel, United States1 Comment

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