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Europe Top News and Analysis Iceland

  • LONDON, March 24- Iceland's central bank has said is in talks with more of the foreign funds that saw bonds they own frozen as part of country's capital controls. It struck a deal with some funds earlier this month and hopes the remainder, that between them own around $900 million worth of Icelandic bonds or about half the original total, will also accept now they...

  • LONDON, March 24- Iceland's central bank has said is in talks with more of the foreign funds that saw bonds they own frozen as part of country's capital controls. It struck a deal with some funds earlier this month and hopes the remainder, that between them own around $900 million worth of Icelandic bonds or about half the original total, will also accept now they...

  • REYKJAVIK, March 15- Iceland's central bank left interest rates unchanged at 5.0 percent on Wednesday and hinted it may lower them soon if an end to capital controls doesn't undermine the country's currency. Central bank Governor Mar Gudmundsson said the threat of an overheating economy and volatile currency had led the central bank to keep rates unchanged.

  • Iceland plans to lift all remaining capital controls that have been in place since the Nordic country's biggest banks collapsed in 2008.

  • COPENHAGEN, March 9- Iceland's GDP jumped 11.3 percent in the final quarter of 2016 from the same period a year before, the fastest pace of growth since before the financial crisis and raising concerns that the economy may be overheating. On a seasonally adjusted basis, Iceland's GDP rose 2.6 percent from the previous three months, the data also showed.

  • Police in Iceland are telling drivers to stop gawking at the northern lights

    Police in Iceland pulled over at least two foreign drivers last week for driving “under the influence of the Aurora.”

  • Wow Airlines.

    Icelandic discount carrier WOW rolled out $69.99 one-way fares on Tuesday for its flights from Los Angeles and San Francisco to four destinations in Europe. USAToday reports.

  • Iceland's shop sign

    The government of Iceland says it will proceed with legal action against a U.K. retailer with the same name after talks failed last week.

  • *Kaupthing seeks banks for Arion Bank listing- sources. This could value Arion Bank at about 1.5 billion euros, they said. A flotation could mark a tentative step towards Iceland's rehabilitation in the global financial system, almost a decade after its banking sector collapsed and it became the first western European country in more than three decades to be...

  • *Kaupthing seeks banks for Arion Bank listing- sources. This could value Arion Bank at about 1.5 billion euros, they said. A flotation could mark a tentative step towards Iceland's rehabilitation in the global financial system, almost a decade after its banking sector collapsed and it became the first western European country in more than three decades to be...

  • LONDON, Nov 29- British supermarket chain Iceland Foods is sending a delegation to "The Land of Fire and Ice" in an effort to resolve a legal dispute over the trademark registration of the word "Iceland". Iceland Foods, whose 22,000 employees would be equivalent to almost 7 percent of Iceland the country's population, said it was urgently seeking a meeting after the...

  • LONDON, Nov 29- British supermarket chain Iceland Foods is sending a delegation to "The Land of Fire and Ice" in an effort to resolve a legal dispute over the trademark registration of the word "Iceland". Iceland Foods, whose 22,000 employees would be equivalent to almost 7 percent of Iceland the country's population, said it was urgently seeking a meeting after the...

  • LONDON, Nov 29- British supermarket chain Iceland Foods is sending a delegation to "The Land of Fire and Ice" in an effort to resolve a legal dispute over the trademark registration of the word " Iceland." Iceland Foods, whose 22,000 employees would be equivalent to almost 7 percent of Iceland the country's population, said it was urgently seeking a meeting after the...

  • LONDON, Nov 29- British supermarket chain Iceland Foods is sending a delegation to "The Land of Fire and Ice" in an effort to resolve a legal dispute over the trademark registration of the word " Iceland." Iceland Foods, whose 22,000 employees would be equivalent to almost 7 percent of Iceland the country's population, said it was urgently seeking a meeting after the...

  • The bank was put into administration during Iceland's 2008-2011 financial crisis, with its domestic operations spun into a new bank known as Arion Banki, while all non-Icelandic assets remained with Kaupthing. Baugur owed most of its debts in Mosaic to what was then Iceland's largest bank. Valuations of clothing retailers have come under pressure, with...

  • The bank was nationalized during Iceland's 2008-2011 financial crisis, with its domestic operations spun into a new bank known as Arion Banki, while all non-Icelandic assets remained with the now defunct Kaupthing. Baugur owed most of its debts in Mosaic to what was then Iceland's largest bank. Valuations of clothing retailers have come under pressure, with...

  • Iceland's shop sign

    The Icelandic government is taking legal steps against Iceland Foods, a U.K. retailer which owns the trademark for the word “Iceland”.

  • LONDON, Oct 31- Iceland's crown currency rose to a fresh 8- year high against the euro and its benchmark government bonds rallied on Monday after national elections at the weekend. The vote on Saturday saw Icelanders opt for stability with the anti-establishment Pirate Party falling short of expectations and the junior partner in the outgoing government, the...

  • The world is preparing for the first ever Pirate-led government with Icelandic citizens heading to the ballot box this Sunday.

  • WEDNESDAY, OCTOBER 5 AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 0000 GMT. MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome and opening remarks before the " Early Childhood Development...