Tag Archive | "UK"

Cairn to keep Greenland and look elsewhere

Cairn Energy has vowed to continue drilling for oil off Greenland, but says it will try to rebalance the risk by acquiring new, safer assets elsewhere.

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Posted in Business, Education, Energy, Environment, Greenland, International, MBL, Technology, United KingdomComments (1)

Silk underwear to protect privates’ privates

Danish soldiers serving in Afghanistan have a new weapon in the fight against the Taliban – silk underwear.

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Posted in Denmark, Featured, MBL, Technology, United KingdomComments (2)

Iceland Foods sales process extended

The much discussed auction for the British discount supermarket chain Iceland Foods has been lengthened as two private equity funds who submitted bids have decided to extend their due-diligence process, the Wall Street Journal reports.

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Posted in Business, Featured, Iceland, MBL, United Kingdom, United StatesComments (0)

Iceland Foods bids in, US Republican candidate connected to one

Offers on the British supermarket chain Iceland Foods are close to the value which the resolution committee of failed Icelandic bank Old Landsbanki had hoped for. The likely Republican presidential candidate in the USA is connected to one of the bidding investment funds.

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Posted in Business, Featured, Holland, Iceland, MBL, United Kingdom, United StatesComments (0)

70th anniversary of British soldiers’ rescue in Iceland

This weekend marked 70 years since residents of the Veturhús farm near Eskifjörður, east Iceland, saved the lives of over 40 British soldiers.

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Posted in Featured, Iceland, MBL, Travel, United Kingdom, WeatherComments (0)

Lost seal pup to be flown home

An electronically tagged seal pup with a terrible sense of direction is to be flown back to Greenland after washing up over 3,2oo km from home on England’s east coast.

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Posted in Environment, Featured, Greenland, International, MBL, Travel, United KingdomComments (1)

Iraqi ‘torture victims’ to sue Denmark

A group of Iraqi civilians are to sue the Danish Army for damages, after new evidence suggests that they were handed over to Iraqi forces following their arrests in south Basra and subsequently tortured.

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Posted in Denmark, Featured, General, International, MBL, United KingdomComments (1)

EFTA to take Iceland to court over Icesave

ESA, the EFTA (European Free Trade Association) surveillance authority, has decided to take the Icelandic state to the EFTA court over its handling of the Icesave case. By discriminating against foreign depositors and not reimbursing the British and Dutch governments within one year, it is claimed Iceland broke European law.

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Posted in Business, Featured, General, Holland, Iceland, International, MBL, Politics, Society, United KingdomComments (0)

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