Robber Targeted Dacia Dusters

Dacia Duster

A man currently in custody for a number of break-ins targeting Dacia Duster models is suspected of targeting the vehicles because they are common among rental car companies. The thief likely counted on finding valuables in travellers’ luggage, RÚV reports.

Over 100 car break-ins were reported in Reykjavík since October, but none since the man was taken into custody. Police used video surveillance footage to identify the accused.

Police say it is clear the man was not working alone, and collaborators were receiving and purchasing the stolen goods he acquired. The police must decide by tomorrow whether to release the man from custody or extend his warrant.

The suspect has previously stolen goods such as cameras, camera equipment, drones, laptops, jackets and glasses.The case is exceptional: car break-ins are generally uncommon in Iceland.

Icelandair Shareholders Yet to Approve WOW air Purchase

WOW - Icelandair - Keflavík Airport

The Iceland Stock Exchange (ICEX) suspended trading of Icelandair shares yesterday. Tú reported first. According to ICEX, the suspension was made at the request of the Financial Supervisory Authority. Icelandair Group is now in negotiations with shareholders regarding changes to the trading terms of the company’s shares. The purchase agreement is subject to approval at a shareholders’ meeting to be held this week.

The trading suspension is temporary and will last until Friday, November 30, on which date Icelandair Group will hold a shareholders’ meeting. The company reached an agreement to purchase Iceland’s low-cost airline WOW air earlier this month. An announcement from Icelandair Group released on November 26, however, states it is unlikely that the conditions of the purchase agreement will be fulfilled by the November 30 meeting date.

Both Icelandair and WOW had been in the media spotlight for poor performance and financial difficulties over the past several quarters. The meeting agenda is also expected to include discussion of new measure’s to strengthen the company’s finances over the long term.

Icelandair’s subsidiary Loftleiðir Icelandic recently submitted a binding offer for 51% of the shares in Cabo Verde Airlines. On November 5, 2017, the Cape Verdean government signed an agreement with Loftleiðir turning the administration of the airline over to the Icelandic company.

Four Hundred Women Leaders Meet in Reykjavík Today

Four hundred women leaders from around the world will participate in the Women Leaders Global Forum which began in Reykjavík today. The event, which takes place in Harpa’s Silfurberg hall, was opened this morning with an address by Prime Minister of Iceland Katrín Jakobsdóttir. RÚV reported first.

The forum is co-hosted annually by Women Political Leaders (WPL) and the Government and Parliament of Iceland. “The Women Leaders Global Forum is where women leaders discuss and share ideas and solutions on how to further advance society, increase equality between women and men and promote and positively develop the number of women in leadership positions,” the event’s website reads.

This year’s theme is the contemporary digital revolution and the opportunities it provides for ensuring equal opportunity and growing the number of women in leadership positions.

live stream of the forum is available via CBS News.