AGP Executive Report
Last update: 12 minutes agoEnergy & Data Centers: Iceland is curbing new data-center power demand as hydro and geothermal capacity tightens. Startup Hringvarmi is exploring a way to reuse data-center waste heat for local food production. Biopharma: Alvotech reported nine-month revenue of $323.4 million, down 23% year on year, while adjusted EBITDA rose 15% to $78.3 million; cash fell to $61.5 million. Seafood: Iceland Seafood cut its profit outlook, citing difficulties in Argentina. Trade: Iceland is among the EFTA states behind the newly signed Vietnam trade deal, which could open export opportunities once ratified. Infrastructure: Construction is underway on Reykjavík’s Borgarlína transit system, while Iceland is also planning a domestic account-to-account payments network.
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.
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