Breaking News from Iceland, Finance

from Bing and Google News
Iceland , Tuesday 18 February 2020

News Iceland Finance: Arion Bank: Change to share buyback programme in Iceland and Sweden

Published on: Thursday 09 January 2020
Arion Bank: Change to share buyback programme in Iceland and Sweden
News source: https://finance.yahoo.com/news/arion-bank-change-share-buyback-204755427.html

Reference is made to the Bank’s announcement concerning the Bank’s share buyback programme published on 31 October 2019. As set out in the announcement, the Bank is allowed to purchase up to 20,650,000 SDRs in Sweden, corresponding to 1.14% of issued shares, and up to 38,350,000 shares in Iceland, corresponding

News Iceland Finance: Iceland Ranks 11th on Corruption Index

Published on: Thursday 23 January 2020
Iceland Ranks 11th on Corruption Index
News source: https://icelandmonitor.mbl.is/news/politics_and_society/2020/01/23/iceland_ranks_11th_on_corruption_index/

Iceland moves up three places from last year’s list, when it ranked 14 th . The report states it is too early to tell whether that is a sign the country has made progress in this area with stricter ...

News Iceland Finance: Iceland: Here are the participants of Söngvakeppnin 2020!

Published on: Saturday 18 January 2020
Iceland: Here are the participants of Söngvakeppnin 2020!
News source: http://esctoday.com/178482/iceland-here-are-the-participants-of-songvakeppnin-2020/

Today sees a very important day for Iceland’s national selection Söngvakeppnin 2020 ... According to them, Netflix is getting ready to finance the country’s 2020 Eurovision entry, with about 10 ...

News Iceland Finance: Fallout from Trump's trade wars felt by economies around the world

Published on: Saturday 19 October 2019
Fallout from Trump's trade wars felt by economies around the world
News source: https://finance.yahoo.com/news/fallout-trumps-trade-wars-felt-222326390.html

The collateral damage of the United States' trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim tales of suffering economies at the International Monetary Fund and World Bank fall meetings in Washington this

News Iceland Finance: Supermarket chain Iceland takes a hit as insurers freeze out suppliers

Published on: Saturday 19 October 2019
Supermarket chain Iceland takes a hit as insurers freeze out suppliers
News source: https://www.cityam.com/supermarket-chain-iceland-takes-a-hit-as-insurers-freeze-out-suppliers/

Iceland has announced plans to ramp up its store rollout strategy, despite struggling with a decline in consumer confidence and tough competition from German discounters Aldi and Lidl. The supermarket ...

News Iceland Finance: Iceland Seafood International hf.: Results of Iceland Seafood International's public offering of new shares

Published on: Monday 21 October 2019
Iceland Seafood International hf.: Results of Iceland Seafood International's public offering of new shares
News source: https://finance.yahoo.com/news/iceland-seafood-international-hf-results-085957351.html

The offering consisted of 225,000,000 new shares in Iceland Seafood. A total of 149 subscriptions for a total value of ISK 2,995 million were received in the offering and Iceland Seafood‘s board of directors has decided to accept offers for 225,000,000 shares for a total purchase value of ISK 2,138

News Iceland Finance: IKEA Iceland Settles Invoice on Ethereum Blockchain

Published on: Wednesday 02 October 2019
IKEA Iceland Settles Invoice on Ethereum Blockchain
News source: https://www.financemagnates.com/cryptocurrency/news/ikea-iceland-settles-invoice-on-ethereum-blockchain/

It is also planning to align with the Tradeshift to utilize its global reach. “A programmable financial supply chain, where trading partners can connect information flows to money flows through smart ...

News Iceland Finance: FATF: Iceland Needs To Do More To Combat Money Laundering & Terrorist Financing

Published on: Wednesday 09 October 2019
FATF: Iceland Needs To Do More To Combat Money Laundering & Terrorist Financing
News source: https://grapevine.is/news/2019/10/10/fatf-iceland-needs-to-do-more-to-combat-money-laundering-terrorist-financing/

The Financial Action Task Force (FATF) has noted that while Iceland has made some improvements when it comes to fighting money laundering and terrorist financing, a new report from them outlines, but ...

News Iceland Finance: Iceland grieving a dead glacier could help us better face the climate crisis

Published on: Friday 23 August 2019
Iceland grieving a dead glacier could help us better face the climate crisis
News source: https://www.popsci.com/iceland-grieving-dead-glacier-climate-change/

Death certificates and commemorative plaques aren’t something you’d normally associate with a glacier. But that is exactly how Iceland recently mourned the loss of 700-year-old Okjökull, the first of its major glaciers to die.

News Iceland Finance: Iceland To Face Financial Challenges As Brexit Approaches

Published on: Tuesday 06 August 2019
Iceland To Face Financial Challenges As Brexit Approaches
News source: https://grapevine.is/news/2019/08/06/iceland-to-face-financial-challenges-as-brexit-approaches/

As British Prime Minister Boris Johnson pushes for the United Kingdom’s exit from the European Union with or without a deal, Iceland looks to be one of the countries to be most affected as reported by ...

News Iceland Finance: Arion Bank’s Q2 2019 financial results

Published on: Thursday 08 August 2019
Arion Bank’s Q2 2019 financial results
News source: http://www.globenewswire.com/news-release/2019/08/08/1899481/0/en/Arion-Bank-s-Q2-2019-financial-results.html

Arion Bank is a leading innovator and developer of financial services in Iceland. It is exciting to take the helm of such a dynamic and forward-looking company. Over the last few years the Bank has ...

News Iceland Finance: Former President of Iceland Joins the Board of Kerecis, the Medical Fish Skin Company

Published on: Monday 05 August 2019
Former President of Iceland Joins the Board of Kerecis, the Medical Fish Skin Company
News source: https://finance.yahoo.com/news/former-president-iceland-joins-board-182900379.html

Olafur Ragnar Grimsson, who was the President of Iceland for 20 years, has joined the board of Kerecis Limited. Kerecis is pioneering the use of fish skin for tissue regeneration. President Grimsson served as Iceland’s President for a record five terms, from 1996 to 2016, making him one of the world

News Iceland Finance: Berjaya Land proposes to take control of hotel operator in Iceland

Published on: Monday 15 July 2019
Berjaya Land proposes to take control of hotel operator in Iceland
News source: http://bernama.com/en/news.php?id=1746480

“The luxury hotel segment in Iceland is expected to grow and the proposed acquisition ... effect on the net assets and earnings of the BLand group for the current financial year ending June 30, 2020, ...

News Iceland Finance: Name and shame tax evaders, says journalist behind Panama Papers

Published on: Sunday 21 July 2019
Name and shame tax evaders, says journalist behind Panama Papers
News source: https://www.abc.net.au/news/2019-07-22/panama-papers-journalist-says-name-and-shame-tax-evaders/11327294

The pressure is on the Federal Government to introduce a public register of beneficial ownership that reveals those who have something to hide, including tax evaders, terrorism financiers and arms smugglers.

News Iceland Finance: Duterte mocks 'ice-eating' Iceland over U.N. vote on Philippine war on drugs

Published on: Friday 12 July 2019
Duterte mocks 'ice-eating' Iceland over U.N. vote on Philippine war on drugs
News source: https://sg.finance.yahoo.com/news/duterte-mocks-ice-eating-iceland-113226003.html

Philippine President Rodrigo Duterte took a swipe at Iceland on Friday for spearheading a U.N. resolution to investigate his bloody war on drugs, saying it was a nation made entirely of ice, with no understanding of his country's problems. "What is the problem of Iceland? You have too much

News Iceland Finance: Islandsbanki hf.: First Quarter 2019 Financial Results

Published on: Wednesday 08 May 2019
News source: https://www.globenewswire.com/news-release/2019/05/08/1819597/0/en/Islandsbanki-hf-First-Quarter-2019-Financial-Results.html

Dial-in details and presentation will be sent out prior to the call. A leader in financial services in Iceland, Íslandsbanki is a universal bank with total assets of ISK 1,130bn and a 25% - 50% market ...

News Iceland Finance: Apple Pay launches in Iceland with support from Arion Banki and Landsbankinn

Published on: Tuesday 07 May 2019
News source: https://appleinsider.com/articles/19/05/08/apple-pay-launches-in-iceland-with-support-from-arion-banki-and-landsbankinn

Apple Pay is continuing its rollout to new territories, with the mobile payments system now available to use in Iceland for the first time for customers of the financial institutions Arion Banki ...

News Iceland Finance: Arion Bank's Q1 2019 financial results Iceland Stock Exchange:ARION

Published on: Wednesday 08 May 2019
News source: https://menafn.com/1098496787/Arion-Banks-Q1-2019-financial-results-Iceland-Stock-ExchangeARION?src=Rss

Arion Bank reported net earnings of ISK 1.0 billion for the first quarter of 2019, compared with ISK 1.9 billion for the same period of 2018. Return on equity was 2.1% for the first quarter of ...