The North Sea oil and gas industry gave a cautious welcome to news that some of the world’s biggest producers agreed a deal to curb production for the…

The Scottish Government said legislation which will give the Scottish Parliament further powers over income tax will be laid on Wednesday. The regulations means that from…

Royal Bank of Scotland said it agreed a revised capital plan with the UK’s Prudential Regulation Authority (PRA) to address the shortfall identified by the Bank of England’s 2016 stress…

Free high-speed internet is now available in Edinburgh city centre. The outdoor public wifi service EdiFreeWiFi has gone live. The City of Edinburgh Council signed a 10-year concession contract…

Scotgold Resources said it held a successful auction in Edinburgh of Scottish gold mined and processed at its Cononish Gold and Silver Mine near Tyndrum — the…

Grant Thornton has warned that fluctuating currency conditions and uncertainty over potential future trade tariffs could damage Scotland’s £14.4 billion food and drink industry that employs more than…

Two out of three oil and gas firms believe the sector has already reached the bottom of the current cycle or will do so within the…

The Scottish Government said latest figures from the UK’s Office of National Statistics (ONS) show that low carbon industries in Scotland generated £10.7 billion in turnover…

The partners of international law firm Addleshaw Goddard and Scottish legal firm HBJ have voted “by an overwhelming majority” to merge their businesses and create…

JD Sports Fashion said it bought Go Outdoors for about £112.3 million from its private equity buyers. JD Sports said the acquisition will complement its existing interest in…

Scottish law firm Burness Paull said it completed almost 50 corporate deals worth more than £2.5 billion in the last three months. Among a number of private…

BP said it acquired interests in two North Sea exploration prospects — Jock Scott and Craster. BP acquired a 25% interest in two Statoil-operated licenses east…

Aberdeen Asset Management said its assets under management rose 10% to £312.1 billion in the year to September 30 — but underlying profit before tax decreased to £352.7…

Energy, metals and industrials group GFG Alliance said two of its member companies — SIMEC and Liberty House — reached an agreement with Rio Tinto Aluminium to…

The Scottish Salmon Company said revenues for the third quarter rose to £25.1 million from £18 million last year but it made a loss before tax of £12.7…

Edinburgh-based aviation logistics and news distribution firm John Menzies announced key management changes and said in a trading update that it continues to trade well and…

The UK Government said its decision to focus on infrastructure spending means the Scottish Government’s budget will increase by more than £800 million through to…

Glasgow Council leaders have unveiled plans to build a direct “tram-trains” rail link between Glasgow Airport, Paisley and Glasgow city centre. It said the £144 million Glasgow Airport…

China’s biggest online travel company Ctrip.com International said it agreed to buy Edinburgh-based travel search site Skyscanner Holdings for about £1.4 billion. Ctrip said Skyscanner’s current management team…

BNY Mellon said it has been appointed as trustee and paying agent on Aberdeen City Council’s £370 million bond issue — the largest ever bond issued by a…

Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…

Clydesdale and Yorkshire Bank owner CYBG said it delivered its first statutory profit before tax in five years with a profit of £77 million in the year…

Shares of Glasgow-based packaging firm Macfarlane Group rose 8% after it said its profit before tax for 2016 to date “continues to be well above the…

Workers at Scotch whisky and drinks giant Diageo have voted to take industrial action over the company’s plans to change their pension schemes. The Unite union said its…

Newsquest Scotland has appointed veteran Scottish newspaperman Donald Martin as its editor-in-chief. Martin will return to Newsquest Scotland to lead about 200 journalists and a portfolio of titles…

Aberdeen City Council said the £250 million Aberdeen City Region Deal has been signed — and that the agreement’s value could be worth up to £826 million…

UK airline Flybe announced that its franchise agreement with Glasgow-based Loganair to fly under the Flybe brand has been terminated with effect from August 2017 “following…

Shares of Alva-based Omega Diagnostics Group rose about 5% after it said it received an approach from Immunodiagnostic Systems Holdings (IDS) which could result in the acquisition of Omega’s allergy business. IDS…

The Scottish Government has urged the UK Chancellor’s Autumn Statement to include measures that widen access to North Sea decommissioning tax relief and for the UK…

Perth-based energy giant SSE said on Friday said it will not increase standard household energy prices this winter, capping them at their current level until at least…

Health spending in Scotland exceeded £12 billion for the first time in 2015-16 and amounted to 40% of total Scottish Government spending, according to NHS Scotland…

Manhattan and Edinburgh-based fantasy sports firm FanDuel said on Friday it has agreed to merge with rival DraftKings. The transaction, subject to regulatory approvals, is expected…

(Updated) – Volkswagen’s board and its general works council signed a pact that involves the loss of 23,000 jobs in Germany to help earnings by €3.7 billion per…

The UK Supreme Court said on Friday it would allow The Lord Advocate, Scotland’s most senior lawyer, to address the December hearing into whether UK Prime Minister…

Speculation has been mounting in recent days that former Standard Life chief executive David Nish could be a strong internal candidate to succeed fellow Scot Douglas Flint as chairman…

The Scotch Whisky Association trade group said it intends to appeal the recent Court of Session ruling on minimum unit pricing (MUP) for alcohol to the UK…

Aberdeen-based independent oil and gas firm Parkmead said it is evaluating more acquisition opportunities to take advantage of low oil prices as it announced it made a £6.7…

The Financial Conduct Authority (FCA) has published critical interim findings from its market study into the UK’s £7 trillion asset management industry, saying that “price competition is weak” and that profits remain…

National Galleries of Scotland (NGS) said it has entered into a partnership agreement with Scotch whisky giant Diageo with the aim of securing The Monarch of…

Shares in Gosforth and Edinburgh-based challenger bank Virgin Money fell more than 6% on Thursday after WL Ross — the investment firm managed by billionaire Wilbur Ross…

At least 17 estates have been sold in Scotland so far this year for a combined value of £75 million — with one estate selling for 92%…

Aberdeen Asset Management has announced the opening of a new office in Abu Dhabi, the capital of the United Arab Emirates. Aberdeen, which manages global assets of more…

Edinburgh-based asset management giant Standard Life Investments (SLI) said its MyFolio range of funds — which enables investors to choose their preferred level of investment risk — reached…

Unemployment in Scotland fell by 14,000 in the July to September period — and is down 38,000 over the year — to stand currently at 129,000, according…

Edinburgh-based accounting software firm FreeAgent said its shares floated on the Alternative Investment Market (AIM) of the London Stock Exchange on Wednesday. FreeAgent said it raised £10.7…

Royal Dutch Shell announced it will close its Glasgow finance operations office by the end of the first quarter in 2018. It said about 380 remaining staff at the…

The International Energy Agency (IEA) has warned that another year of lower upstream oil investment in 2017 would create a risk of a shortfall in…

Virgin Trains said it has seen a surge in cross-border rail travel after investing in 42 new services connecting Edinburgh to Newcastle and London. It…

Glasgow-based international mobile power provider Aggreko said in a trading update that it expects its 2016 full year results to be broadly in line with current market…

The UK Government should announce an immediate stimulus of 1.25% of GDP in the Autumn Statement, according to a new paper from Edinburgh-based investment giant Standard Life…

Shares of Edinburgh-based tidal power company Atlantis Resources rose about 8% after it said that first power had been produced from the MeyGen site in the…

Aberdeen-based bus and rail giant FirstGroup said its revenue rose 5.1% to £2.56 billion in the six months to September 30 but adjusted profit before tax fell 2.2%…

About £17.6 billion will be spent on offshore oil and gas decommissioning on the UK Continental Shelf (UKCS) between now and 2025, according to a new report from trade…

Aberdeen-based oil and gas services giant Wood Group said it was awarded a $40 million contract by ExxonMobil Chemical to provide main automation contractor services for…

Edinburgh-based insurance and investment giant Standard Life said India’s insurance watchdog had “expressed reservations” about accepting the current terms for the purchase of Max Life Insurance by Standard Life’s Indian joint…

(Updated) — A new report from PwC on the oilfield services (OFS) sector predicts an “uneven” recovery that could see oil prices reach a “robust” $60-$70…

The outlook for global sovereign ratings for the coming 12 to 18 months is negative, Moody’s Investors Service said in its annual Global Sovereign Outlook….

Scotland’s private sector grew for a second successive month in October — but the expansion was slower as output growth weakened and new business levels…

Forth Ports and Augean North Sea Services (ANSS) announced a partnership that will bring a new decommissioning waste management facility to the Port of Dundee. Forth Ports…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said it is in late stage discussions with Cambridge-based Iliffe…

Royal Bank of Scotland chairman Howard Davies told ITV it would be “damaging” for the British economy and financial services industry if the UK’s Brexit process does not…

Glasgow Airport reported its busiest October ever as 884,350 passengers travelled through the airport’s doors last month — an annual increase of 5.7%. International traffic in October rose 8.3%…

The Abu Dhabi Investment Authority (ADIA) has withdrawn the prestigious Edinburgh office block Saltire Court from the market after offers fell short of the £69 million asking price,…

Risk capital investment in early stage companies in Scotland was up 70% to £430 million in 2015, according to the Scottish Investment Bank’s annual risk capital…

Edinburgh Airport said it had 1,129,720 passengers in October — making it the busiest October ever at a Scottish Airport. Edinburgh Airport, owned by Global Infrastructre Partners —…

Shares of Glasgow-based sausage skin and collagen products company Devro fell about 20% after it warned investors that “based on current trends, sales volumes in…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said its group revenues year-on-year were down 5.1% for the 17…

Edinburgh-based asset management giant Standard Life Investments (SLI) has told clients that Donald Trump’s US presidential election victory introduces “significant uncertainty to the outlook for government…

Aberdeen-based Siccar Point Energy said it will acquire the North Sea assets of Austria’s OMV AG for up to $1 billion. Siccar Point said the purchase of…

Aberdeen-based mechanical engineering group EnerMech said its cranes and lifting division has secured international contract wins, extensions and renewals worth at least £85 million. In Azerbaijan, BP Exploration…