Reckitt cleans up in health and hygiene market
COLD and flu triggered good business for Nurofen-maker Reckitt Benckiser, with sales of its remedies helping to drive a better-than-expected performance in 2012.A particularly-intense flu season in...
View ArticleOFT leaves Barr and Britvic deal ‘dead in water’
IRN-BRU maker AG Barr’s £1.4 billion merger with rival Britvic looked “dead in the water” last night after the soft drinks deal was referred to the Competition Commission.One source close to the merger...
View ArticleCrest Nicholson in demand
SHARES in revived housebuilder Crest Nicholson jumped by 16 per cent yesterday as investors continued with their positive sentiments towards the construction sector.Crest spent nearly four decades on...
View ArticleMarkets: Sterling falls after King’s comments
SIGNALS from the Bank of England that interest rates will remain at historic lows for years to come pushed the Footsie up to near a five-year high yesterday – but caused investors in sterling to take...
View ArticleVodafone eyeing German takeover
MOBILE phone network operator Vodafone is considering a bid for German cable operator Kabel Deutschland, a source said last night.Germany’s Manager Magazin yesterday reported that the head of...
View ArticleComcast seals NBC Universal deal
AMERICAN cable television giant Comcast is to buy the 49 per cent of film studio NBC Universal that it doesn’t already own from General Electric (GE) for £10.6 billion.Comcast had bought its original...
View ArticleWeather chaos fails to dent seed potato exports
Last year was one of the worst growing seasons ever and the grading out in the past couple of months has been carried out in difficult weather conditions but it looks as if Scottish seed potato exports...
View ArticleOil giants line up to invest in technology firm Lux
TWO of the biggest names in the oil and gas industry have joined forces with a group of business angels to turn an embryonic technology firm into a full-blown energy services provider.ConocoPhillips...
View ArticleFSA launches investigation into Santander
SANTANDER’S British business is under investigation for possible investment advice failures and could face a fine or licence changes that prevent it from offering such services in future, four industry...
View ArticleShareholders approve Trinity takeover of Bayfield
OIL explorer Bayfield Energy confirmed production from its main offshore field in Trinidad and Tobago has been hit by a power outage on the day investors voted through its merger with Trinity....
View ArticleBusiness news in brief: Stonepack | Pyreos
AGGREGATES supplier Stonepack is expanding into the Central Belt after securing funding from Santander.The Forfar-based firm, run by husband-and-wife team Anna and Hayden Thomas, has opened a branch in...
View ArticleEmerging markets help Heineken to weather slowdown
Heineken has shrugged off surging raw material costs to post higher profits in emerging markets, off-setting difficult conditions in austerity-hit areas like Britain, the Dutch brewer revealed...
View ArticleCameron’s NFUS award
A STALWART of the Scottish farming industry, John Cameron CBE, right, has been awarded the NFU Scotland Ambassador award in recognition of his more than four decades at the forefront of agricultural...
View ArticleRolls-Royce wins £800m submarine engine deal
ENGINE maker Rolls-Royce yesterday unveiled an £800 million contract with the Royal Navy to look after the propulsion systems on its nuclear submarines for the next decade.The FTSE 100 engineering firm...
View ArticleRecording perfomance is vital for sheep industry
Sheep farmers have been urged to take up performance recording to ensure the industry can build its “flock of the future” by Stuart Annand, Scottish sheep strategy development officer with Quality Meat...
View ArticleNew chairman for profitable Rolls
Engines manufacturer Rolls Royce unveiled a new chairman this morning as it announced that profits grew by 24 per cent last year. The industrial giant said former McKinsey & Company chairman and...
View ArticleNorth Sea revival helps Amec grow
Acquisitions and a growing North Sea oil & gas services business helped engineer Amec grow profits by more than a quarter last year.Revenue for 2012 was £4,2 billion, up 28 per cent on 2011,...
View ArticleScottish Business Briefing - Thursday 14 February, 2013
WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. BANKINGAberdeen shells out for US asset...
View ArticleAberdeen to boost organic growth after two deals
ABERDEEN Asset management has returned to the acquisition trail, paying out almost £140 million in cash on two deals which it says will complement its organic growth.The wealth manager is bulking up...
View ArticleAmec and Vodafone weigh on FTSE
MOBILE phone giant Vodafone dragged the Footsie down yesterday as traders fretted that it was lining up an expensive takeover bid for German cable operator Kable Deutschland.The heavily-weighted stock...
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