Read the latest news from regional and global sources, presenting different voices and perspectives.
Inchcape acquires Askja distributor in Iceland
Just Auto
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July 22, 2025
UK-based independent automotive distributor Inchcape says it has agreed to acquire Iceland-based Askja and its associated businesses. Askja is described as Iceland’s ‘leading automotive distributor’. The company says the bolt-on acquisition...
India submits ratification document of TEPA with European Free Trade Association
The Economic Times
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July 22, 2025
India on Tuesday submitted the ratification document of the free trade agreement with the four-European nation bloc EFTA to Norway. The pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), will be implemented from October 1,...
Volendam on 25-Night Cruise to Greenland and Iceland
Cruise Industry News
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Holland America Line’s Volendam sailed from Boston earlier this month for a 25-night cruise to Canada, New England, Greenland and Iceland. The month-long cruise is part of the company’s Legendary Voyages series and is set to visit 16 destinations,...
AstraZeneca to pour $50bn into US, Inchcape to acquire Iceland's Askja
ShareCast
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STOCKS TO WATCH Drugmaker AstraZeneca said on Tuesday that it plans to invest $50.0bn in the US for medicines manufacturing and R&D by 2030. AstraZeneca said its investment will support its ambition to reach $80.0bn in revenues by 2030, with 50%...
Dumb and Dumber star tells Nicolle Wallace he hopes Trump voters suffer financial hardship
Daily Mail
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July 22, 2025
'Dumb and Dumber' star Jeff Daniels blasted Republicans and wished Donald Trump voters suffer financial hardship during a recent interview. Daniels called the president a 'snake oil salesman' while speaking on MSNBC host Nicolle Wallace's podcast,...
On Viking Cruises, Iceland awaits
Fairfield County Business Journal - Connecticut
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July 22, 2025
The Viking Cruise ship Neptune setting sail to Iceland from New York City. Photographs courtesy Viking Cruises. Iceland! Iceland? That’s right. We recently took a luxury Viking Cruise to Iceland, and virtually all the people we spoke to, in...
European Stocks Close Weak On Trade Deal Concerns, Weak Earnings Updates
RTTNews
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July 22, 2025
European stocks closed weak on Tuesday, extending previous session's losses, amid growing uncertainty over U.S.- EU trade talks, and some disappointing earnings updates. Investors were largely cautious, assessing the possible move of the U.S. and...
Sour Grapes: Cash Cows And Vulgar Words
Reykjavik Grapevine
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August 1, 2025
Dear Grapevine So here it is – just came home from our fourth trip but possibly last trip to Iceland – saved the Grapevine to read at home and after reading ‘Highway Robbery’ I feel compelled to write about our experience. Our first trip was back...
Russian trawlers fishing near Iceland’s economic zone
Iceland Monitor
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Seven Russian trawlers are fishing just outside Iceland’s exclusive economic zone. At the peak in mid-June, there were fifteen vessels. This is according to Ásgrímur Lárus Ásgrímsson, operations director at the Icelandic Coast Guard, in an...
Full list: Trump’s new reciprocal tariffs on global imports
The Hindu Business Line
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August 1, 2025
President Trump has announced new import tariffs of up to 41% on goods from dozens of countries, citing trade deficits and emergency powers. The updated reciprocal rates vary by country and follow an August 1 deadline for trade negotiations. U.S....
Iceland’s First National Opera Receives Green Light
Iceland Review
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July 16, 2025
Iceland will soon have a national opera, following the passing of legislation in the Althingi over the weekend. The move marks a significant milestone in a journey that began more than 70 years ago, when the country staged its first opera...
Nordic Investment Bank eggs-pands its investment in Latvia
LSM
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July 22, 2025
The Nordic Investment Bank (NIB) and the Latvian company JSC Balticovo have signed a EUR 30 million loan agreement for the expansion of the egg producer's sustainable production capacity. The loan is supported under the InvestEU programme. The...
Iceland v Iceland: Supermarket’s EU trademark appeal rejected again
Retail Gazette
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July 16, 2025
Iceland Foods has lost its latest appeal against the invalidation of its EU trademark for the word ‘Iceland’, the General Court of the European Union has ruled. The decision upholds previous rulings that found the trademark to be descriptive...
Iceland Volcano Eruptions: A Year of Fiery Activity in 2025
Southwest Journal - Minnesota
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July 16, 2025
Iceland’s Reykjanes Peninsula continues to capture global attention with its dramatic volcanic activity throughout 2025. The latest eruption began on July 16, 2025, at the Sundhnúkagígar crater row, marking the twelfth volcanic event on the...
Iceland’s Volcanoes are at it again: Twelfth eruption turns night to day
Euro Weekly News
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July 16, 2025
Iceland’s Reykjanes Peninsula lights up once again as lava and smoke erupt from an active volcano, marking the twelfth eruption since 2021. Credit : Jen Noble, Shutterstock It’s happened again—smoke and lava have lit up Iceland’s Reykjanes...
Iceland’s Latest Volcanic Eruption Forces Evacuations Amid Ongoing Seismic Cycle
teleSUR
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Iceland has recorded its twelfth volcanic eruption in four years, triggering evacuations and highlighting the country’s ongoing seismic cycle near the capital region. Evacuations underway at Iceland’s Blue Lagoon spa after a fissure eruption...
Switzerland clears path for $100 billion EFTA-India trade pact after 16 years of talks
Colombo Gazette
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July 21, 2025
The Indian government is also setting up an EFTA Desk, to facilitate smoother market entry and investment flows. Switzerland has officially ratified the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade...
The hype of trade diversion in the era of Trumpism
The European Sting
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July 21, 2025
(Credit: Unsplash) Even a first year university student in Economics can get that it is unnatural for trade to be stagnant. On the contrary, every single hour, day and so on trdade is bound to go up and down depending on market demand and supply....
India-EFTA trade deal to go into effect on 1st October: Piyush Goyal
Apparel Resources
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July 21, 2025
Image Courtesy: www.moneycontrol.com Commerce and Industry Minister Piyush Goyal said on Saturday (19th July 2025) that the Free Trade Agreement between India and the European Free Trade Association (EFTA) will go into effect on 1st October. On...
Jamaica's 1st quarter trade deficit widens
Radio Jamaica
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July 21, 2025
Jamaica's trade deficit for the January to March quarter this year grew to US$1.41 billion. This, as imports rose by 1.6% to US$1.89 billion, while exports fell by nearly two per cent, down to US$485.2 million, during the first quarter of this...