Ineos delays shutdown of Forties Pipeline

Ineos said on Tuesday it has responded to requests from customers and delayed the planned summer shutdown of its Forties Pipeline System (FPS). “The decision…




Aggreko cancels dividend but plans for Olympics

Glasgow-based Aggreko, the world’s largest temporary power firm, on Monday withdrew its dividend and its 2020 performance guidance to investors amid the coronavirus crisis. However,…




Stagecoach directors take 50% pay cut

Perth-based transport giant Stagecoach Group on Monday released a trading update outlining “the actions it has taken to help guide the business through this period…















IndigoVision bought by Motorola for 129% premium

Edinburgh-based video security company IndigoVision said on Tuesday it agreed to be acquired by Motorola Solutions, Inc. for £30.4 million in cash. Motorola Solutions will pay 405p per…

















Widows unveils new ESG investment framework

Scottish Widows said on Monday it has launched a new “responsible investment and stewardship framework” as it outlined plans to enhance its sustainability practices “and…




Wood Group completes £250m nuclear sale

Aberdeen-based Wood plc, the global engineering and consulting company, said on Monday it completed the sale of its nuclear business to Jacobs for £250 million…



Phoenix makes Edinburgh change as profit rises

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…


Oil falls 25% and global stocks plunge

Global stock markets tumbled on Monday as investors fled to bonds amid the economic shock of the coronavirus, while oil prices plunged about 25% after…