Europe Top News and Analysis Iceland

  • LONDON, Feb 12- Copper climbed on Wednesday as China recorded its lowest number of new coronavirus cases since late January but concerns remained over the outbreak's impact on the world's second- largest economy and biggest metals consumer. "Clearly the sell-off was overdone but we are not out of the woods yet," said independent metals consultant Robin Bhar.

  • LONDON, Feb 12- Copper climbed on Wednesday as China recorded its lowest number of new coronavirus cases since late January but concerns remained over the outbreak's impact on the world's second- largest economy and biggest metals consumer. "Clearly the sell-off was overdone but we are not out of the woods yet," said independent metals consultant Robin Bhar.

  • *In talks with Iceland government, power provider. Feb 12- Rio Tinto on Wednesday said it may cut operations or shut down its aluminum smelter in Iceland, as it struggles to generate profits at the site because of tough conditions in the aluminum market and high power costs. Rio said it will complete a strategic review of the smelter in the first half of 2020 and...

  • *In talks with Iceland government, power provider. Feb 12- Rio Tinto on Wednesday said it may cut operations or shut down its aluminium smelter in Iceland, as it struggles to generate profits at the site because of tough conditions in the aluminium market and high power costs. Rio said it will complete a strategic review of the smelter in the first half of 2020 and...

  • OSLO, Feb 7- Norway, western Europe's largest oil and gas producer, on Friday announced it was increasing its ambition to cut carbon emissions and would put an implementation plan before parliament later this year. Norway said on Friday it was one of the first countries to submit enhanced reduction plans to the United Nations and would increase its ambition to a...

  • Jan 29- Transatlantic exchange operator Nasdaq Inc on Wednesday reported high-than-expected fourth-quarter earnings, helped by strength in its non-trading businesses. Chief Executive Officer Adena Friedman has expanded Nasdaq's focus beyond traditional exchange functions to higher-growth opportunities in technology and analytics, since taking...

  • MONTREAL/ SYDNEY/ WASHINGTON Jan 21- Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model. On Jan. 7, the company had recommended using a simulator but did not specify what type.

  • MONTREAL/ SYDNEY/ WASHINGTON Jan 21- Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model. On Jan. 7, the company had recommended using a simulator but did not specify what type.

  • Black father kissing baby son on cheek

    Most countries are failing to get the basics right when it comes to enabling people to realize their full potential, a new report from the World Economic Forum has found.

  • Domino's in Denmark

    Norway and Sweden haven't been profitable markets for Domino's.

  • Domino's in Denmark

    Iceland is a notoriously hard market for international fast-food chains to break into. Domino's is the exception — the pizza chain has the biggest market share in fast food there. But that love for Domino's doesn't extend to the rest of the Nordic bloc. In October 2019, Domino's Pizza Group, which owns stores in Iceland, Norway and Sweden, announced it's exiting its business in those markets.

  • Germany's second-largest airline filed for bankruptcy on Aug. 15, 2017, after shareholder Etihad Airways withdrew funding following years of losses. Britain's Monarch Airlines collapsed on Oct. 2, 2017, affecting around 900,000 passengers. Hurt partly by a weakened pound, its finances deteriorated in 2016 after security concerns deterred travel to...

  • BEIJING/ SYDNEY, Jan 8- China's Juneyao Airlines plans to set up branches in the United Kingdom, Ireland, Iceland, Malaysia and Greece, the company said in a filing on Wednesday, as it ventures to Europe and Southeast Asia in a global expansion drive. It started its first long-haul service to Helsinki last June. With six 787 s in its fleet and four more on order, the...

  • Perhaps we could make some improvements to this...

    It will take another 99.5 years to achieve global gender equality, according to an annual report by the World Economic Forum.

  • Dec 4- Hong Kong Airlines said on Wednesday it had drafted an "initial cash injection plan" that would allow it to make overdue salary payments on Thursday as the carrier battles to keep flying. "Following urgent consultations, an initial cash injection plan has been drawn up," Hong Kong Airlines said in a statement on Wednesday. Bank of China Group Insurance said on...

  • Dec 4- Hong Kong Airlines said on Wednesday it had drafted an "initial cash injection plan" that would allow it to make overdue salary payments on Thursday as the carrier battles to keep flying. "Following urgent consultations, an initial cash injection plan has been drawn up," Hong Kong Airlines said in a statement on Wednesday. Bank of China Group Insurance said on...

  • OSLO, Nov 29- Shares in Norwegian bank DNB plunged more than 6% on Friday after the country's white-collar crime unit launched an investigation into its handling of payments to Namibia from Iceland's biggest fishing company. The investigation follows a report by Iceland's public broadcaster this month that said the fishing company had made illicit...

  • OSLO, Nov 29- Shares of Norwegian bank DNB fell 6.4% on Friday after police launched an investigation into the handling of payments from an Icelandic fisheries business to Namibia. Norway's white-collar crime unit late on Thursday said it would look into transactions made by fisheries company Samherji via DNB. The investigation follows a report by Iceland's...

  • OSLO, Nov 29- Shares of Norwegian bank DNB fell by 5.2% on Friday after police launched an investigation into the handling of payments from an Icelandic fisheries firm to Namibia. The investigation follows a report by Iceland's public broadcaster this month that said the Icelandic firm had made illicit payments worth millions of dollars to secure fishing...

  • WINDHOEK, Nov 24- Namibia's former fisheries minister Bernhard Esau was released on Sunday after a High Court judge declared that the warrant for his arrest a day earlier on corruption charges was invalid. Esau was arrested along with a former client manager from South Africa's Investec Asset Management, Ricardo Gustavo, after allegations they were involved...