Bjarni Benediktsson, Finance Minister of Iceland, says the country needs its capital controls to prevent its currency from devaluing.
The Bardarbunga volcano in Iceland sends torrents of lava into the air Tuesday as its risk of eruption continues to mount, experts say.
Speaking to CNBC at the China Entrepreneurs Club summit, Huang Nubo, Chairman, Beijing Zhongkun Investment Group, explains why he's purchasing resorts in Iceland and Scandinavia.
Bjarni Benediktsson, Iceland finance minister, talks about why the country still has capital controls in place and when they could be removed.
How do you make money in these markets? Here is what some of the experts have been saying to CNBC.
Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland, tells CNBC why Iceland has taken a break from discussions with the European Union.
As U.K. Internet surfers prepare for major changes to the availability of online porn, U.S. porn companies are scrambling to determine the consequences for their bottom lines.
A group of American tourists have been rescued from a drifting Icelandic iceberg that broke off from land as they were trying to picnic on it.
Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday,returning a center-right government that ruled over its financial collapse five years ago.
Who's winning the "Game of Thrones?" As the Lannister and Stark clans battle it out, these three countries are cashing in.
Europe's financial crisis is costing lives, with suicides and infectious diseases on the rise, yet politicians are not addressing the problem, health experts say.
The $2.3- billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk.
LONDON-- Britain's Serious Fraud Office has ended an investigation of Iceland's Kaupthing bank after concluding there was insufficient evidence to justify extending the three-year probe.
*Iceland c.bank keeps rates unchanged. STOCKHOLM, Oct 3- Iceland's central bank kept interest rates unchanged at 5.75 percent on Wednesday and said it expected to have to tighten policy in the near future as its economy recovers.
BRISBANE, Calif.-- InterMune Inc. said Tuesday that Canadian regulators approved its lung-disease drug Esbriet. InterMune said Health Canada approved Esbriet as a treatment for mild-to-moderate idiopathic pulmonary fibrosis in adults.
The Bank of Japan eases, euro traders take profits, and Iceland says later for the euro — it's time for your FX Fix.
Greece's election hangs over the market, but the Aussie is undaunted — it's time for your FX Fix.
A rate cut dents the Aussie dollar and economic blues hit the buck - it's time for your FX Fix.
Support is growing for Iceland to adopt the currency of the Great White North.
Iceland's Progressive Party wants to stop trying to join the euro and adopt the Canadian dollar instead.