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Jim Ratcliffe
Business

Jim Ratcliffe Acquires More Land in Iceland

British billionaire Jim Ratcliffe has purchased holding company Grænaþing from investor Jóhannes Kristinsson, Fréttablaðið reports. With the acquisition, Ratcliffe has a 86.7% stake in the fishing association

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Business

Beer Spa Receives Innovation Award

The Bjóböðin Beerspa and Resaurant in Árskógssandur, North Iceland has received the Innovation Award given annually by the the Icelandic Travel Industry Association (SAF), RÚV reports. The

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currency iceland
Business

Króna Continues to Weaken

The króna continues to weaken despite the intervention of the Central Bank of Iceland, RÚV reports. Following a significant drop in value yesterday, the Icelandic currency has

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Business

WOW air Cuts US Destinations

Icelandic airline WOW air is discontinuing flights from three US destinations, RÚV reports. The airline will stop flights to St. Louis in the beginning of next year

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