2019

Dundee spinout Exscientia mulls huge IPO

University of Dundee spinout firm Exscientia, which specializes in artificial intelligence (AI)-driven drug discovery, is considering an initial public offering (IPO) that would make its founders millions…






Weir shares slide as orders fall in oil and gas

Shares of Glasgow-based engineering giant Weir Group fell 4% on Tuesday after it said its first-quarter orders — excluding recent acquisition ESCO –fell 7% “reflecting reduced…


Scots salmon farming turnover tops £1bn

Scotland’s salmon farming industry has reached a turnover of more than £1 billion, according to an economic impact report carried out for the Scottish Salmon…





Stagecoach to buy back up to £60m of shares

Shares of Perth-based transport giant Stagecoach Group rose 5% on Thursday after it announced a share buyback programme worth up to £60 million. “The Stagecoach board believes…












Brexit uncertainty drives BrewDog to Berlin

The co-founder of Aberdeenshire-based craft brewing firm BrewDog has criticized the lack of clarity surrounding Brexit, saying the confusion will cause “severe long-term damage” to…












BrewDog hires new CFO – report

Aberdeenshire-based craft brewing firm BrewDog has hired Just Eat EU finance director Dominic Neary as its new chief financial officer (CF0), according to a report…



Barclays appoints MDs for new Glasgow HQ

Barclays has appointed five new managing directors to support business development and drive growth opportunities at its new £300 million Glasgow campus. The diverse set…






IMF cuts global growth outlook again

The International Monetary Fund (IMF) has cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in many…



Aberdeen Standard investment deal with Skipton

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) said it has entered into a strategic partnership with Skipton Building Society to provide portfolio products for customers…





Stagecoach shares up amid rail boost

Shares of Perth-based transport giant Stagecoach rose as much as 13% on Wednesday after the firm raised its annual profit forecast amid a strong performance…




SCDI appoints Sara Thiam as new CEO

The Scottish Council for Development and Industry (SCDI) announced on Monday its new chief executive will be Sara Thiam, currently the Scotland Director of the…










Goals Soccer shares suspended amid VAT probe

Shares of East Kilbride-based Goals Soccer Centres plc were temporarily suspended on Wednesday at the request of the company “pending clarification of the company’s financial…







Standard Life Aberdeen in China breakthrough

Heng An Standard Life (HASL), a joint venture between Standard Life Aberdeen and Tianjin TEDA International, has been granted permission to establish a pensions insurance…




DC Thomson Media buys two Scots radio stations

DC Thomson Media on Wednesday confirmed the acquisition of two of Scotland’s biggest commercial radio stations, Kirkcaldy-based Kingdom FM and Aberdeen-based Original 106. This adds…