131 Stories, most recent news story added Wed Nov 18, 9:30 pm 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.
In hindsight, I was very naive to think that I had a chance of getting work in the U.S. I moved to Los Angeles from my native Iceland in 2005, along with my wife and our two daughters.
wiedzmin writes "DeCODE Genetics, a genetics research firm from Iceland, has filed for bankruptcy in the US, and Saga Investments, a US venture capital firm, has already put in a bid to buy deCODE’s operations, raising privacy concerns about the fate of customer DNA samples and records. The company hasn’t disclosed how many clients signed up for its service, but provides a number of customer ...
Iceland's Decode Genetics Inc, a pioneer in genetic research, has filed for bankruptcy protection, weighed down by debts after 13 years of failing to make a profit.
After a year of soul-searching over the financial crisis that floored Iceland's economy, Icelanders are apparently yearning for the return of old-fashioned qualities like honesty.
Budding fashion designers capitalize on Iceland's ailing economy to set up shop. How the financial meltdown has helped creativity flourish
Reuters | DeCODE Genetics filed for Chapter 11 bankruptcy in the US late on Monday. It has struck a deal to sell its Iceland-based subsidiary--including its personal genome scan business--to Saga Investments.
deCode , the genetics startup that genotyped the entire population of Iceland and reconstructed the Book of Icelanders is going down Read the rest of this post... | Read the comments on this post...
REYKJAVIK, ICELAND--(Marketwire - November 13, 2009) - Icelandair, Iceland's flagship air company, has recently announced a Northern Lights package deal flying to and from North America this winter. Iceland's perfect location within the Arctic Circle provides the ideal destination to view the Northern Lights; otherwise known as the Aurora Borealis. The 'Aurora Adventure' is a six-day excursion ...
NEW YORK (GenomeWeb News) – Decode Genetics today announced that it has filed for Chapter 11 bankruptcy protection, and concurrently it filed to sell its Iceland-based subsidiary Islensk Erfdagreining (IE), and its drug discovery and development programs to Saga Investments.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2009) - (All amounts in US dollars unless otherwise stated and all production figures are approximate) Magma Energy Corp. (TSX:MXY) announces that it has closed an agreement to acquire from Geysir Green Energy an 8.6% stake in HS Orka, a large producing geothermal company in Iceland, for 2.5 billion Icelandic Kronur ("ISK") (approximately $20 ...
As if Bjork isn't enough, there's another reason to love Iceland -- now it's the land without McDonald's. The franchise shuttered last month not as...
Enex, the Iceland-based geothermal company announced that Shaanxi Green Energy (SGE), a joint venture enterprise between Enex and Sinopec Star, has signed an agreement with Xiong County, Hebei Province, China, launching a new geothermal district heating development project. The district heating system will provide heating for 250,000 square meters in Xiong County this year and up to 3 million ...
STOCKHOLM, Sweden -- NASDAQ OMX, the Danish Securities Dealers Association, the Federation of Finnish Financial Services and the Swedish Securities Dealers Association, have together agreed on an updated timetable for the migration to a new trading platform on the NASDAQ OMX exchanges in Copenhagen, Helsinki, Iceland, Riga, Stockholm, Tallinn and Vilnius.
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.
These are letters from readers of Dear Isafold, my advice column at eyjan.is (The Island), which is one of the most popular websites in Iceland....
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