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Archived edition · November 02, 2026 Today's news →

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Two men arrested after fatal stabbing in Breiðholt

A fatal stabbing in Breiðholt overnight has led to the death of one individual and the arrest of two men in connection with the incident.

In other news, authorities have refused to temporarily postpone the validity of licenses for a controversial fish farming project. Meanwhile, Landsbankinn reported significant profits of 33.1 billion ISK for the first nine months of the year, although the bank's management expressed concerns about potential loan losses within the construction sector.

Further domestic stories include a study revealing that many Reykjavik residents desire less car usage but face systemic barriers, and police confirming that an earlier warning about needles found in Halloween candy in Akureyri was a prank. An ongoing stalking trial continues with nearly forty witnesses summoned.

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Landsbankinn Reports Strong Profits, Cites Construction Sector Concerns

Landsbankinn's profit increased by 3.7 billion ISK in the first nine months of the year, reaching 33.1 billion. However, management is worried about potential loan losses due to the deteriorating situation of construction companies facing high interest rates and slower housing sales.

Reykjavik Residents Desire Less Car Use, Face Systemic Barriers

A study by the University of Iceland and Reykjavik City suggests that a third of commuters would prefer alternative transportation, but factors like commute time, infrastructure, parking, and daily errands make car usage the most practical option for many.

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