Edinburgh-based airport services giant John Menzies plc said in a trading update on Thursday it has recently made “very encouraging commercial progress winning significant new business”…

By Mark McSherry Citigroup will be the first major Wall Street bank to have a female chief executive after it announced on Thursday that Mike…

Glasgow-based cloud computing firm Iomart Group plc said on Thursday that its CEO Angus MacSween will retire on October 1, 2020 after 20 years in the…

Shares of embattled Glasgow-based fashion firm Quiz fell 6% on Wednesday after it published a trading update for the period between April 1 and August…

By Mark McSherry Shares of Tesla fell 21% on Tuesday, wiping about $82 billion from its stock market valuation, after the electric vehicle maker’s surprise…

Bank of Scotland’s base at Tollcross in Edinburgh has been put on the market for over £80 million, according to a report in Property Week….

The latest Fund Flow Index from funds network Calastone shows that a net £1.2 billion was taken out of UK-focused stock funds between June and…

Shares of Edinburgh funds platform Nucleus Financial Group fell about 5% on Tuesday after it published results for the six months ended June 30, 2020, showing…

Chivas Brothers, the Scotch whisky business of Pernod Ricard, said its full-year total organic sales were down 11% as a result of the global COVID-19…

Shares of Alva-based Omega Diagnostics Group, involved in developing new tests with partners for COVID-19, rose another 20% after it said on Monday morning “the…

Shares of Aberdeen-based bus and rail giant FirstGroup plc soared 26% on Monday following newspaper reports that Brookfield Asset Management, Apollo Global Management and KKR are…

The Scotch Whisky Association (SWA) said on Friday it has co-signed an agreement with the Spanish Civil Guard to further the protection of Scotch Whisky…

Shares of Scotgold Resources Limited, the gold exploration and production company, rose another 6% on Friday after it published an update on the development of…

UK savers put £1.6 billion into retail funds in July, according to latest figures published by the Investment Association (IA) — but stock funds experienced outflows…

Baillie Gifford US Growth Trust plc said on Thursday its share price and net asset value returned 46.5% and 44.2% respectively for the financial year…

A £317 million contract to develop the next generation of radar for the Royal Air Force’s Eurofighter Typhoons will sustain hundreds of highly skilled jobs…

SSE, the Perth-based renewable energy and electricity networks giant, has been fined £2.06 million by UK energy regulator Ofgem for failing to publish “in a…

London-based Independent Wealth Planners UK (IWP UK) said on Wednesday it acquired Kilmarnock-based financial planning firm Gilmour Hamilton Wealth Management (GHWM), boosting the company’s existing…

By Mark McSherry Baillie Gifford, Tesla’s largest outside shareholder, said on Wednesday it has been forced to trim its position in the electric vehicle maker…

The UK’s Association of Investment Companies (AIC) is taking on the mutual fund analyst giant Morningstar following its downgrade of Baillie Gifford’s Scottish Mortgage Investment…

Scotland’s First Minister Nicola Sturgeon pledged on Tuesday to publish draft legislation for a new Scottish independence referendum before the Scottish Parliament elections next year….

Glasgow-based drinks company Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said on Tuesday that Angus Cockburn will join its…

Shares of Glasgow-based media firm STV Group plc rose about 6% on Tuesday despite the firm publishing half year results to June 30 showing its revenue…

Shares of Aberdeen-based bus and rail giant FirstGroup plc fell as much as 7% on Tuesday amid a stock exchange statement from the firm saying…

SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 25.1% non-operating stake in Walney Offshore Wind Farm…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday that regulatory approvals have been received for the appointment of its new chief executive Stephen…

The number of companies listed on or traded at Euronext’s Oslo Børs has reached its highest level since the financial crisis.  Two new companies were…

Shares of Aberdeen-based global engineering group Wood plc rose about 6% on Friday following a positive note from Barclays Capital analysts who reaffirmed their “overweight”…

Glasgow-based Collagen Solutions has agreed a 6.5p per share cash takeover offer from its largest shareholder Rosen’s Diversified Inc. (RDI) that values the Scottish firm…

France’s EDF said on Thursday it will begin decommissioning its Hunterston B nuclear power plant in North Ayrshire by January 2022 at the latest. The…

Orkney Harbours said it has launched an ambitious £230 million infrastructure vision that “would place Orkney at the forefront of the drive for a cleaner,…

Glasgow-based packaging firm Macfarlane Group said on Thursday its sales slipped 1.8% to £105.6 million in the first half of 2020 and profit before tax was…

By Mark McSherry Edinburgh asset management giant Baillie Gifford and other major shareholders of Chinese e-commerce behemoth Alibaba Group Holding have swapped billions of dollars…

The Scottish Government said on Wednesday that Scotland’s revenues rose to a record £66 billion in 2019-20, although they were impacted “by the initial effects”…

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has launched a new Asian Sustainable Development Equity Fund. Aligned with the United Nations’ Sustainable Development Goals (UN…

Aberdeen Standard Investments is to close its £526 million Global High Yield Bond fund because the fund’s largest institutional investor — Scottish Widows — is…

Scottish Government funding for students in higher education — via fees, loans, bursaries or grants — rose 2.8% to more than £1 billion in the…

The Scottish Property Federation (SPF) said on Tuesday its analysis of the latest commercial property sales figures from Registers of Scotland reveals Scotland’s worst quarter for commercial property sales…

Global company dividends fell by $108.1 billion to $382.2 billion in the second quarter of 2020, the lowest Q2 total since 2012, according to the…

The Association of British Insurers (ABI) said on Friday it has found that UK Government proposals to reform the calculation of the Retail Price Index…

UK Government debt has surpassed £2 trillion for the first time, the Office for Budget Responsibility (OBR) said on Friday. That roughly 100.5% of the UK’s…

Edinburgh-based airport services giant John Menzies plc is spearheading a campaign by the UK’s four biggest air services companies to secure a support package from Westminster to…

Troubled West of Shetland oil and gas explorer Hurricane Energy plc said on Friday it appointed veteran energy executive Antony Maris as its CEO designate. Maris…

Alva-based Omega Diagnostics Group said on Friday it has received World Health Organisation (WHO) Prequalification for its Visitect CD4 Advanced Disease test for HIV. Omega’s shares have…

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) on Thursday gave an update on its proposal last month to cut up to 650 jobs across the…

Shares of North Sea producer Premier Oil fell about 25% on Thursday after it said it will seek to raise $530 million from shareholders as part…

Morningstar’s latest fund flow numbers show Edinburgh investment giant Baillie Gifford was the most popular asset management firm in July, attracting £991 million of new…

Edinburgh investment syndicate Equity Gap said on Wednesday it has marked 10 years as one of Scotland’s most successful angel investment groups with record investment…

Morningstar analysts have downgraded Baillie Gifford’s high-flying Scottish Mortgage Investment Trust plc — which has returned 58% so far this year — from a gold…

Scotland’s gross domestic product (GDP) increased by 5.7% in June, according to statistics announced on Wednesday by the chief statistician. The growth in June followed…

Danish firm Vestas, the world’s largest wind turbine maker, said on Wednesday it won a 443 MW order from SSE Renewables for the Viking wind…

Aberdeen Standard Investments said on Tuesday its Aberdeen New India Investment Trust saw its assets fall 23.1% to £241.5 million and stock market value fall…

Edinburgh-based asset management giant Aberdeen Standard Investments said it is closing its underperforming ASI UK Recovery Equity Fund on October 22 after the fund’s largest…

Crosswind Developments said on Tuesday it submitted an application for planning permission in principle (PPiP) to The City of Edinburgh Council for a 30-hectare “Digital Quarter”…

Shares of Aberdeen-based global engineering group Wood plc rose about 5% on Tuesday after it published half year results for the six months ended June…

Australia’s Woodside Petroleum said on Monday it has exercised its right to match a $400 million offer by Russia’s Lukoil to buy Edinburgh-based Cairn Energy’s entire…

By Mark McSherry Edinburgh-based asset management giant Aberdeen Standard Investments has written to the US Securities and Exchange Commission (SEC) to warn that proposed new…

Aberdeen Standard Investments said on Friday the assets in its Murray International Trust plc fell from £1.73 billion to £1.53 billion in the six months…

Shares of embattled Glasgow-based fashion firm Quiz rose about 13% on Friday after it announced it has agreed an extension of its existing banking facilities…

Edinburgh-based Aegon UK — owned by Dutch investment giant Aegon NV — said on Thursday its 2020 first-half underlying earnings rose 17% to £71 million compared…

Clients of Aberdeen Standard Investments have acquired Clarendon Quarter, a 324-unit residential scheme situated just outside of Leeds city centre, for about £41 million from…

A £53 million order to make personal protective equipment (PPE) for NHS Scotland has been secured by Alpha Solway, based in Annan, Dumfriesshire. The order…

By Mark McSherry The US government has said it will maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European and UK goods…

The UK’s gross domestic product (GDP) plunged 20.4% in the second quarter of 2020 amid the coronavirus lockdown — the most severe contraction reported by…

NatWest — formerly known as RBS — is eliminating at least 500 jobs across its retail operation and closing one of its remaining offices in…

The UK’s Local Authority Pension Fund Forum (LAPFF) has called on the UK government to ban sales of all new petrol, diesel and hybrid cars…

Edinburgh-based healthcare software firm Craneware said on Wednesday morning it terminated a plan announced on Tuesday afternoon to raise £83 million to fund “a small…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, said late on Tuesday it plans to raise £80 million to fund acquisitions via…

TSB Bank plc has told its cashiers their jobs will be phased out early next year after a big decline in customers banking at branches…

Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 6% on Monday as it welcomed the extension of funding from the UK Department for…