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AGP Executive Report

Last update: 5 hours ago

Labour Market Watch: Iceland’s unemployment edged down in June, with the seasonally adjusted jobless rate rising to 5.0% (up year-on-year) but falling versus May, while the non-adjusted rate was 3.9% and the employment rate climbed to 77.9%, according to Statistics Iceland. Housing & Demographics: A new survey suggests rental demand is growing fast among young adults, with 45% of Icelanders aged 18–24 renting this year versus 34% a year earlier, as buying conditions stay tough. Air Travel & Operations: Icelandair reported a second-quarter loss as fuel costs pushed unit costs up 15%, and the airline said it will phase out Boeing 757 aircraft sooner; separately, Keflavík’s self-service border kiosks remain offline after unreliable testing, with a gradual rollout planned from mid-August. EU/Defence Finance: The EU’s €90bn Ukraine aid loan framework is extended to the UK, letting Kyiv buy defence-critical products from companies in England, Scotland and Northern Ireland, alongside existing EFTA coverage including Iceland. Business Expansion: Coinbase is preparing to bring its “Everything Exchange” strategy to Canada, aiming to add tokenized stocks and broader financial services beyond crypto trading.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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15 hours ago

Aluminum ingots market seen reaching $163.5 billion by 2035

AGP

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Jul. 17, 2026

Flavored milk powder drinks market seen reaching $14.87 billion by 2030

AGP

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Jul. 17, 2026

Flavored milk powder drinks market seen reaching $14.87 billion by 2030

AGP

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Jul. 15, 2026

MOIN wins EU EMI license, targets Europe's cross-border payments market

AGP


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15 hours ago

Aluminum Ingots Market to Near $163.5 Billion by 2035 as EV Gigacasting and Decarbonized Smelting Reshape the Industry

EIN Presswire

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Jul. 17, 2026

Flavored Milk Powder Drinks Market Outlook 2030: Market Size, CAGR, Trends And Forecast Analysis

EIN Presswire

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Jul. 15, 2026

MOIN Becomes First Korean or Japanese Firm to Secure EU Financial License for USD 3.4T European Payment Market

EIN Presswire

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Jul. 9, 2026

Icelandirect Earns SSCI Certification, Strengthening Its Ability to Serve Brands Selling Across Major Retail Channels

GlobeNewswire, Inc.

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Jul. 21, 2026

Chairman Transition and Board Changes

GlobeNewswire, Inc.

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Jul. 8, 2026

Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend

GlobeNewswire, Inc.

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