Business

Prime Minister Wants Flag on Icelandic Products

Prime Minister Sigmundur Davíð Gunnlaugsson put forth a bill in parliament yesterday on the freer use of Iceland’s national flag on Icelandic products and design. The new bill will allow the flag to be displayed on Icelandic products, design and intellectual property under the supervision of the...

Activists Call for Icelandic Seafood Boycott

A coalition of animal welfare and conservation groups has launched a new online ad campaign to coincide with the 2015 Seafood Exposition Global and Seafood Processing Global convention in Brussels, which begins today, advising consumers and major seafood buyers to be aware of fish “tainted by...

Denny’s to Open Three Restaurants in Iceland

A group of Icelandic investors have made an agreement with U.S. restaurant chain Denny’s Diner on opening three restaurants in Iceland in the next two years; the first in Europe. The first restaurant is set to open this year and a suitable location is being sought.

Luxury Hotel to Open Next to Harpa in Reykjavík

U.S. real estate company Carpenter & Company have purchased the construction rights for a hotel next to concert and conference center Harpa at the Reykjavík wharf. The company is planning to build a five-star, 250-room hotel, including a number of restaurants, a spa and rooms for meetings...

Lightning Pierces Nose of Icelandair Plane

Icelandair plane Herðubreið was struck by lightning on Tuesday. The plane was en route to Denver when the incident occurred and landed there safely according to schedule. However, in Denver it turned out that the lightning had pierced the plane’s nose.

Banker’s Wife Accuses Supreme Court of Mix-up

Ingibjörg Kristjánsdóttir, the wife of former majority owner of Kaupþing Bank Ólafur Ólafsson, who in February was handed a four-and-a-half year sentence for being party to the Al-Thani scam, maintains in an article she wrote in Fréttablaðið today that the Supreme Court of Iceland had confused...

North Iceland Culture Center Marketed as Studio

The North Iceland Symphony Orchestra is being promoted as a studio band and Akureyri culture center Hof as a studio for recording music as part of a recently-launched marketing initiative, Arctic Cinema Orchestra. Projects on behalf of Disney and Sony are currently being recorded at the studio...

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