Oil and gas minnows may need help from big players to finance drilling
BRITAIN’S smallest oil and gas companies could be forced into the arms of their larger rivals in order to finance their drilling projects after the global economic woes finally caught up with the...
View ArticleSailor Rona Cant offers her leadership knowledge to SIBL
TALES of daring on the high seas are the order of the day for the Scottish Institute for Business Leaders (SIBL), which has booked an international yachtswoman and explorer to address its next...
View ArticleBusiness interview: Steve Stewart managing director of Stewart Brewing
MENTION the word “brewery” and it conjures up images of giant copper kettles in red-brick buildings, with bearded men in blue overalls wandering around, sipping their frothy wares.Stewart Brewing’s...
View ArticleEA eyes downloads topping game sales
COMPUTER games maker Electronic Arts expects revenue from digital downloads of its games to overtake sales of boxed game software within three years, its chief operating officer yesterday revealed.The...
View ArticleOlympics ‘will boost London by £1.8bn’
HOSTING the Olympic Games will have added £1.8 billion a year to London’s economy within the next three years, thanks to the regeneration of the east end, according to figures released today by the...
View ArticleTesco deal for Aberdeenshire-based Mackintosh of Glendaveny
A COOKING oil maker which supplies products to the Queen and celebrity chef Nick Nairn has sealed a supply contract with supermarket giant Tesco.Aberdeenshire-based Mackintosh of Glendaveny, which was...
View ArticleComment: New bill is unlikely to make major difference to suppliers
TWO events last week illustrated the strange relationship that the major supermarkets have with farmers, their main suppliers.First of all came an announcement from one of the big boys to say that it...
View ArticleScottish Business Briefing - Monday 13 August, 2012
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. ECONOMICS‘Low growth or no growth’ ahead for...
View ArticleMarkets: Standard Chartered bounces on talks
Shares in Standard Chartered continued their rebound amid reports the bank was trying to reach a settlement with US regulators ahead of Wednesday’s showdown with a hostile New York watchdog.The...
View ArticleE.ON powers ahead after nuclear exit
Utility group E.ON has seen net profit more than triple in the first half of the year as it benefited from a gas price deal with Russia’s Gazprom and the absence of charges related to Germany’s exit...
View ArticleBP’s $2.5bn deal to sell refinery in California
Oil major BP is to sell a refinery in California, along with some 800 petrol stations in the western US, for $2.5 billion (£1.6bn) to help meet the costs of the 2010 Gulf of Mexico disaster.The British...
View ArticleMichael Page profits slide in UK as banks continue to suffer
RECRUITMENT firm Michael Page International has suffered a slide in profits at its UK division as the beleaguered banking sector continues to drag on performance.With Barclays, HSBC, Lloyds and Royal...
View ArticleBusiness briefs: Fairfield announces first Clipper gas | Scottish growth for...
Fairfield Energy hailed an “operational milestone” yesterday as it announced first gas production from its wholly owned Clipper South Field in the British North Sea.Chief executive Chris Wright said:...
View ArticleConsumers back Scottish pork branding
A RECENT survey carried out by red meat promotional body Quality Meat Scotland has revealed that consumer awareness of the Specially Selected pork label has increased to a record 41 per cent in...
View ArticleCEBR cuts global growth forecasts as China slows
Global growth is set to be “sluggish at best” for the next four years, a top think-tank warns today, prompting it to slash its projections.In a gloomy prognosis for the world economy, the Centre for...
View ArticleBank on it: Deals help keep Mitie on track
A STRING of major contracts, including a £775 million deal with Lloyds Banking Group, has put outsourcing heavyweight Mitie on track for solid growth this year.The firm, which delivers a range of...
View ArticleRake survives Stelios bid to oust EasyJet’s under-fire chairman
EASYJET chairman Sir Mike Rake yesterday narrowly survived an attempt by the airline’s founder to oust him from the board.Sir Stelios Haji-Ioannou, who is also the carrier’s largest shareholder, had...
View ArticleBraveheart ‘on course’ as it focuses on fund management
BRAVEHEART yesterday hailed its transformation from investor to fund manager and said it was looking to gain work with more government-backed funds.The Perth-based group, which made its name as an...
View ArticleShares dip as Petrofac deals delayed but profits soar
OIL services firm Petrofac yesterday reported a better-than-expected 32 per cent hike in first-half profits but its shares fell more than 5 per cent after warning that a number of contracts had been...
View ArticleBusiness briefs: Pilkington takes on Towergate role | Rathbones poaches...
Towergate, the acquisitive insurance group, has named Stewart Pilkington as head of both its Borders and Edinburgh offices.He takes up the post from Giles where he managed its Falkirk business and is...
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