LE BOURGET, France, June 19- Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline's Chief Executive Jozsef Varadi said on Wednesday. Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, agreed...
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a competitive advantage.
Mar Gudmundsson, governor of the Central Bank of Iceland, discusses the Icelandic economy, the contraction of its tourism industry, and the possibility of a recession.
The national carrier also cited changes to the competitive environment.
CNBC's "Closing Bell" team talks about Boeing's new 737 Max jet fix and the disintegration of Icelandic budget airline Wow Air with David Vernon, senior research analyst at Bernstein, and CNBC's Phil LeBeau.
Icelandic airline Wow Air collapses and cancels all flights. The airline is telling customers to go looking for "rescue fares" from rival airlines. A fall in Icelandic tourism and rising fuel costs were cited as headwinds to profitability.
There are very few places where you won't find a McDonald's. Here's one of them.
McDonald's is synonymous with fast-food in many parts of the world, but there is one country where it's failed to capture national attention: Iceland
Coinbase's U.K. CEO Zeeshan Feroz said users can expect a "more aggressive approach" to the cryptocurrency exchange's global drive in 2019.
Icelandair's decision calls into question WOW Air's future. WOW Air had expanded with no-frills fares across the Atlantic in recent years but struggled, particularly after fuel prices rose.
Primera Air, which is Icelandic owned but based in Copenhagen, began in 2003 and has served 97 destinations in more than 20 countries.
Iceland's airport is racing to keep up with a crush of travelers to the trendy destination and investing around $1 billion to expand the airport.
Hannes Halldórsson found a way to pursue both his passions.
Sindri Stefansson, the alleged mastermind behind a $2 million bitcoin heist, escaped from prison but then voluntarily returned, saying Icelandic prisons are like "a hotel," the New York Times reports.
A man suspected of masterminding the theft of about 600 computers used to mine bitcoin has likely fled to Sweden.
Israel is gaining most in popularity among U.S. travelers, whom are spending over $3,300 on average for their trip.
"There is concern that Japan could face social problems and rising crime if it welcomes large unassimilated communities of foreign workers."
Through the Belt and Road Initiative, China's Arctic policy poses a challenge, not a threat, to the U.S. according to experts.
The United States was rated a "flawed democracy" for the second straight year by the Economist Intelligence Unit.
A left-leaning coalition of four parties won by the narrowest possible majority.