Bjarni Benediktsson, Finance Minister of Iceland, says the country does not need to join the European Union as it gets all of the benefits by being in the European Economic Area.» Read More
The company's leaders and Portland and state officials announced Thursday that the New England Ocean Cluster will seek to bring several business that commercialize new products related to the ocean under one roof. The Iceland Ocean Cluster works with 35 companies in Reykjavik, and the New England cluster has eight firms signed on so far, a Portland...
Believe it or not, the United States is not the top energy guzzler in the world.
LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.
LONDON- Bank of England holds quarterly Financial Policy Committee meeting. Federal Reserve chair Ben Bernanke speaks before the National Association for Business Economics annual meeting in Chicago- 1615 GMT.
REYKJAVIK/ STOCKHOLM, Aug 29- Iceland said a small volcanic eruption in the Bardarbunga volcano system that started in the early hours of Friday had stopped and it had lifted all airspace restrictions.
REYKJAVIK/ STOCKHOLM, Aug 29- Iceland reduced its aviation warning level to orange on Friday after concluding that a small eruption in the Bardarbunga volcano system that triggered a hours-long red alert actually posed no threat to aircraft.
SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.
SYDNEY- RBA Payments Policy Department senior manager Jenny Hancock will participate in a panel discussion at the Risk Australia Conference, Sydney.
WAKEFIELD, Canada- Canadian Finance Minister Joe Oliver will hold an annual two-day policy retreat in Wakefield to discuss with industrialists, analysts and others where they think the economy is heading.
Federal Reserve Board Vice Chairman Stanley Fischer, Bank for International Settlements Chief Economist Claudio Borio, Sveriges Riksbank Governor Stefan Ingves and Deputy Governor Karolina Ekholm will attend.
Treasury Secretary Jack Lew speaks before a breakfast meeting of the Economic Club of New York in New York. CAMBRIDGE, United States- U.S. Treasury Office of Financial Research Director Richard Berner speaks before the Inaugural Annual Public Conference of the Consortium for Systemic Risk Analytics in Cambridge- 1330 GMT.
LONDON- Bank of England's Andrew Gracie speaks to British Bankers Association cyber security conference- 0915 GMT. Speakers:- Portugal Finance Minister Maria Luis Albuquerque, IMF European Department Director Reza Moghadam, ECB Board Member Yves Mersch and National Bank of Poland President Marek Belka.
ASTANA/ ALMATY/ KYZYLORDA- European Bank for Reconstruction and Development President Sir Suma Chakrabarti visits Kazakhstan. PALM BEACH, United States- Federal Reserve Bank of St. Louis President James Bullard speaks on the U.S. economy and monetary policy before the Tennessee Bankers Association annual meeting- 1310 GMT.
The leaders of Canada, France, Germany, Italy, Japan, the UK, the United States, European Council President and European Commission President will attend. LONDON- 2014 IIF Spring Membership Meeting.
OSLO- Norges Bank Governor Oystein Olsen gives a lecture at the Historical Museum on the occasion of the exhibition "The heavy baggage" that marks Constitution Bicentennial 1814-2014. VILNIUS- Estonia, Latvia and Lithuania's central bank governors to meet in Lithuania. SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT.
LONDON- Bank of England Deputy Governor Charlie Bean gives speech at London School of Economics- 1730 GMT. BERNE, Switzerland- SNB Chairman Thomas Jordan speaks at the Swiss International Finance Forum. Bank of Japan's former top economist Hideo Hayakawa will be speaking at the summit.
*Immelt hoping to convince France to back Alstom offer. *Industry experts say Alstom deal may have to be different. PARIS, April 29- As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom, it hopes that three letters will convince them of its good will: CFM.
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.