Everton have reached an agreement with Swansea to sign Icelandic football player Gylfi Sigurðsson for a club-record fee of GBP 45 million.
Sigrún Geirsdóttir and Harpa Hrund Berndsen completed a seven kilometer (4.3 mile) ocean swim this weekend from Drangey island to the coast of the Reykjanes peninsula.
Skúli Gunnar Sigfússon, founder of Subway in Iceland, announced his interest in building a service center close to Jökulsárlón glacier lagoon.
Thirteen hundred tons of lamb meat will remain unsold this fall when the slaughtering season begins.
Minister of Finance Benedikt Jóhannesson hopes that agreements with the European Union on the abolition of tariffs on agricultural imports will take effect mid-way through next year.
Director of the Downtown Reykjavík Association states harsher penalties should be imposed on graffiti in order to tackle the problem.
South Iceland Police believe a body found yesterday is that of Nika Begadze, a Georgian asylum seeker.