The London School of Economics professor Robert Wade believes Iceland has an important part to play in the future of trans-Arctic shipping. Continue Reading

Iceland is the world’s most environmentally friendly country – according to the Environmental Performance Index presented yesterday at the World Economic Forum in Davos. Continue Reading

American car giant, Ford says it has come to an agreement on the sale of its Swedish car company, Volvo. Continue Reading

Net4mobility, the joint venture between Tele 2 and Telenor, has chosen Chinese operator Huawei over local giant Ericsson to roll out the new ultra high-speed 4G network in Sweden. Continue Reading

A deal between Swedish biotech firm Ellen AB and Chinese company Beijing Zhonglian Pharmaceutical saw shares in the Scandinavian company soar last week on the back of an announcement to distribute probiotic tampons “bathed in human lactic acid bacteria” in the Asian country. Continue Reading

Bjarni Benediktsson, leader of Iceland’s Independence Party has protested claims he was involved in a property speculation racket in Macau. Continue Reading

This year, online Icelandic clothing and souvenir retailer, Nordic Store, has tripled its export sales of cod liver oil products from Iceland to China. Research has indicated that omega-3 fatty acids found in cod liver oil, especially EPA and DHA, have positive effects on the growth and development of children. Continue Reading

Merchants at Kouvola’s China Centre market were left stunned last week, after a surprise immigration raid in the southern Finnish city. Continue Reading

Just as Sweden recently expelled one of China’s diplomats, the Asian nation returned in kind by expelling a Swedish diplomat and apparently also blocking online news site The Local from millions of Chinese web-surfers. China is known to block websites the government deems too controversial, and it appears The Local is its latest victim. Continue Reading

Ossur hf., the Icelandic prosthetics company, this week signed a deal with the Chinese charity Stand Tall to help victims of the Sichuan earthquake which shook China approximately a year ago. The contract was signed in the presence of Iceland’s ambassador to China, according to mbl.is. Continue Reading