Business

Islandspostur made a profit after a government contribution

Islandspostur made a profit after a government contribution

Islandspostur made a profit of ISK 256 million last year, compared to a profit of ISK 1 million in 2020. Last year, the company received a contribution of ISK 560 million from the Regional Development Institute for the operation of universal service. Operating income amounted to just over ISK 7,453 million and decreased slightly from …

Islandspostur made a profit after a government contribution Read More »

West excludes a Russian oligarch from sanctions

West excludes a Russian oligarch from sanctions

The sanctions imposed by the West on some Russian companies and the wealthy, in response to Russian President Vladimir Putin’s invasion of Ukraine, have excluded Russian metal giant Norilsk Nickel. the world’s largest supplier of nickel and palladium, two metals essential to electric car batteries and semiconductors. Russia’s MMC Norilsk Nickel produces a significant portion …

West excludes a Russian oligarch from sanctions Read More »

Will allow the export of luxury goods to Russia

Will allow the export of luxury goods to Russia

Several European countries are now preparing for the consequences of sanctions against Russia following Russia’s invasion of Ukraine, not least in the financial sector. Italy has called for milder measures that have a limited effect on Russian banks. Austria has taken similar steps, while the Austrian Raiffeisen Bank maintains hundreds of branches in Russia. Italian …

Will allow the export of luxury goods to Russia Read More »

Oil prices are rising and analysis expects a significant rise in the coming days

Oil prices are rising and analysis expects a significant rise in the coming days

In the wake of the escalation in the Russian-Ukrainian crisis, oil prices rose dramatically and reached $100 a barrel early Tuesday, when Brent crude reached $99.50 before falling back to $97. And early on Wednesday, oil prices returned to jumping again, as the price of Brent crude, according to the site, reached $ 99.53 a …

Oil prices are rising and analysis expects a significant rise in the coming days Read More »

Scroll to Top