B Gifford funds ‘appalled’ by ‘destructive’ hedge fund
Two more investment trusts run by Baillie Gifford have urged shareholders to reject all proposals by New York hedge fund Saba Capital Management to remove the funds’…
2025
Emirates first Airbus A350 lands in Edinburgh
Emirates said its first Airbus A350 has entered commercial service, operating its inaugural flight from Dubai to Edinburgh. The Emirates A350’s arrival in Edinburgh follows…
Capricorn ‘has not received’ $22m North Sea payment
Edinburgh-based oil and gas firm Capricorn Energy said on Friday it has not received “the final settlement payment of $22.5m from Waldorf Production UK PLC…
Brits have smallest % of wealth in investments in G7
An in-depth analysis of national financial accounts by Edinburgh investment giant Abrdn shows that UK adults “hold the smallest percentage of their wealth in investments of…
Edinburgh Worldwide: hedge fund attack ‘not valid’
By Mark McSherry Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust said a requisition notice from New York hedge fund Saba Capital Management for a general…
Wood completes $138m Ethos Energy stake sale
Aberdeen-based engineering and consulting giant John Wood Group said it has completed the sale of its stake in Ethos Energy Group Limited, a joint venture…
Scots retail footfall rose 9.3% in December
Footfall rose 9.3% in December from November in Scotland’s retail destinations led by an 18.8% increase in shopping centre footfall, followed by an 8.4% rise…