The Icelandic Ministry for Foreign Affairs has launched legal action against the British supermarket chain Iceland Foods.
Representatives of fish processing companies in the northern part of the West Fjords are worried about the strong value of the Icelandic króna, which has caused them a considerable loss of income.
A competition appeal committee has ruled to revoke the decision of the Icelandic Competition Authority to fine MS Iceland Dairies for violating anti-trust law.
The Reykjavík District Court ruled Friday that the Icelandic State must pay damages to a company that was prevented from importing fresh beef tenderloins to Iceland.
The Monetary Policy Committee of the Central Bank of Iceland has decided to keep the bank’s interest rates unchanged.
A new study shows that in order to construct each square meter of residential housing in Iceland, 35-60 percent more man-hours are needed than in Norway.
Come December, the planning skills of the resident of Bakkafjörður, Northeast Iceland, will be tested.
The Icelandic transportation company Eimskip has signed an agreement to acquire the Norwegian shipping and logistics company Nor Lines.
A construction company in Hafnarfjörður published the following message in Morgunblaðið’s classified ads section Saturday:
According to the Guardian, Iceland’s success at the EURO 2016 in France in July had a wide-ranging effect.
Yesterday afternoon The Supreme Court of Iceland affirmed the guilty verdicts handed down by the Reykjavík District Court in June of last year over seven out of nine former Kaupþing bank directors.
Foreign companies can choose whether to pay income tax in Iceland, states tax expert and adjunct lecturer at the University of Iceland.
Iceland ranks 27th on a list of countries in the 2016-2017 Global Competitiveness Report, published by the World Economic Forum.
The fishing company Eskja is constructing a 7,000 m2 (75,333 ft2) pelagic freezing plant in Eskifjörður, the East Fjords, to be taken into use in November.
A lawsuit could be filed to demand that the British supermarket chain Iceland relinquish its use of the brand name Iceland within the European Union.
There are signs that numerous construction workers, who left Iceland for Norway in the wake of the banking collapse in 2008, are returning.
Hearings began in the Icelandic Supreme Court in the Kaupþing bank market manipulation case at 8 am today.
Frozen whale meat products of Hvalur hf were estimated at ISK 3.6 billion (USD 31 million, EUR 27.8 million) in the last financial year.
Moody’s Investor Service raised the credit rating for the Icelandic state treasury by two points, from Baa2 to A3 yesterday, with stable outlook. Iceland’s credit rating has not been higher since in late 2008.