130 Stories, most recent news story added Tue Dec 1, 4:21 am ET
(AP:REYKJAVIK, Iceland) Iceland's central bank on Thursday cut its key lending rate a full point to 10 percent. The seven-day collateral lending rate had peaked at 18 percent in October last year as Iceland's banking system collapsed under the strain of a global credit crisis.
Dec. 1 (Bloomberg) -- Iceland won’t seek amendments to an accord with the U.K. and Netherlands obliging the island to cover depositor guarantees, paving the way for lawmakers to pass the bill this month, Finance Minister Steingrimur Sigfusson said.
REYKJAVIK, Iceland, November 23. THE Iceland Short Course Championships came to a close with five more national marks falling to the wayside. Arni Mar Arnason took down the national record in the m...
REYKJAVIK, Iceland, November 20. THE women's side of the Icelandic short course record book met the match in the first two days of swimming at the Iceland Short Course National Championships. Sigru...
Flint — The Fenton varsity hockey team is off to a good starting chapter in what they hope becomes a storybook season. The Tigers are off to a 2-0 start overall on the season after a 4-1 victory against Swartz Creek, Wednesday in the Metro League opener at Iceland Arena.
Iceland agreed on Oct. 19 to borrow 2.35 billion pounds ($3.92 billion) from the U.K. and 1.2 billion euros ($1.81 billion) from the Netherlands to cover depositors in the online bank set up by failed lender Landsbanki Island hf . The agreement must be ratified by Iceland’s parliament.
Iceland agreed on Oct. 19 to borrow 2.35 billion pounds ($3.92 billion) from the U.K. and 1.2 billion euros ($1.81 billion) from the Netherlands to cover depositors in the online bank set up by failed lender Landsbanki Island hf . The agreement must be ratified by Iceland’s parliament.
Nov. 20 (Bloomberg) -- Iceland’s financial regulator has identified at least 13 cases of cross-border banking malpractice that will lead to prosecution in a number of countries, the Financial Supervisory Authority said.
You might say LaTonya Waller is on a winning streak. After earning an R.E.B. Award for Teaching Excellence this month—an honor that comes with a $10,000 reward she’ll use toward a research trip to Hawaii and Iceland—Waller was chosen Thursday night as Richmond Public Schools’ 2010 Teacher of the Year. Waller teaches earth and life sciences at Lucille Brown Middle School, coaches the Mind Games ...
Is a data center near the North Pole naughty or nice? With cheap energy, cheap cooling and incentives to spur its ailing economy, Iceland has growing appeal to data-intensive companies running scads of servers.
Icelandic research company deCODE genetics Inc. filed for bankruptcy protection in the United States on Tuesday to facilitate the sale of its assets, the company announced.
Nov. 12 (Bloomberg) -- Iceland’s government said its credit rating will rise and avoid junk status as policy makers rebuild the financial industry and ease capital controls in an effort to normalize relations with international investors.
Nov. 11 (Bloomberg) -- Iceland’s credit rating was lowered two levels by Moody’s Investors Service, bumping the island’s debt down to the lowest investment grade, as its financial industry failure continues to hurt public finances.
Nov. 11 (Bloomberg) -- Iceland’s credit rating was lowered two levels by Moody’s Investors Service, bumping the island’s debt down to the lowest investment grade, as its financial industry failure continues to hurt public finances.
Nov. 11 (Bloomberg) -- Iceland’s credit rating was lowered two levels by Moody’s Investors Service, bumping the island’s debt down to the lowest investment grade, as its financial industry failure continues to hurt public finances.
(RTTNews) - Iceland's jobless rate stood at 7.6% in October, up from 7.2% in September, a report by the Directorate of Labour said on Wednesday. The agency had expected the rate to come in between 7.3% and 7.8% for October.
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