Houston, Texas-based Oceaneering International, Inc. said one of its subsidiaries acquired Aberdeen-based Ecosse Subsea Limited, the provider of offshore engineering, seabed preparation, route clearance and…

North Sea oil and gas production over the period 2016–2050 is now projected to total 11.7 billion barrels of oil equivalent (boe) — 2.8 billion…

Royal Bank of Scotland is edging towards a multi billion-dollar settlement with the US Department of Justice (DoJ) over its mis-selling of toxic mortgage-backed securities —…

The chairman of Edinburgh-based video security company IndigoVision said on Thursday the firm’s financial performance in 2017 and prior years “has not been acceptable and IndigoVision…

Glasgow-based media firm STV Group plc said it will increase its dividend despite reporting that 2017 revenue fell 3% to £117 million and statutory pre tax profit fell…

The Scotch Whisky Association (SWA) is predicting a strong year for whisky tourism as increasing numbers of visitors find their way to Scottish distilleries to…

The UK’s Competition and Markets Authority (CMA) said it opened an investigation into whether the proposed merger of SSE Retail and Npower “could significantly reduce…

The proposed Scottish National Investment Bank — which will be supported by long-term capitalisation of at least £2 billion over the first ten years — is…

Glasgow-based oil and mining engineering giant Weir Group said its revenue increased 28% £2.36 billion in 2017, reflecting both the recovery in North American oil and…

Glasgow-based sausage skin and collagen products firm Devro plc said statutory revenue rose 6.6% to £256.9 million in 2017 and statutory profit before tax was £21.6 million, up from £6.2…

Shares of Edinburgh and Newcastle-based Virgin Money rose almost 6% after it said its underlying profit before tax increased 28% to £273.3 million in 2017 and total income…

The allocation of £1.8 billion of public funding to individual universities and colleges has been announced by the Scottish government for the next academic year….

Scottish local government financial statistics for 2016-17 show that gross revenue expenditure on services was £15.590 billion and income was £5.578 billion, resulting in a net…

Standard Life Aberdeen on Friday confirmed the sale of its “capital-intensive” insurance business to Phoenix Group for a total consideration of £3.24 billion including £2.28 billion in cash and…

Royal Bank of Scotland on Friday announced its first bottom line profit for 10 years — but said the timing of its crucial multibillion pound settlement with…

British insurer Phoenix Group Holdings is in advanced talks to buy Standard Life Aberdeen Plc’s insurance business for about £3 billion and a deal could…

Brian Souter, president of accountancy body ICAS, has called on the UK Government to review its arrangements for workplace pensions to “ensure a better deal…

Glasgow-based packaging firm Macfarlane Group said its sales rose 9% to £196 million and profit before tax jumped 19% to £9.3 million in 2017. Macfarlane is…

Glasgow-based Beeks Financial Cloud Group plc, a niche cloud provider for institutional capital markets, announced financial results for its first six months trading as a…

Glasgow-based private equity firm Maven Capital Partners and Hong Kong-based IP Investment Management have continued their move into the UK student housing sector with the construction…

ScottishPower, a subsidiary of Basque group Iberdrola, reported a big drop in earnings at its generation and supply business in 2017 — but a surge in…

Shares of Aberdeen-based global bus and rail giant FirstGroup fell more than 11% after it said in a trading update that its Greyhound long-haul business in the US…

The Association of Scottish Visitor Attractions (ASVA) announced that visits to its member sites rose dramatically in 2017, the fourth year running that an increase…

A major new report has set out recommendations on economic development, education and employment to ensure that Scotland “reaps the rewards of the digital and…

Independent craft brewer BrewDog has announced plans to build the “world’s first craft beer hotel” as part of “an immersive craft beer hotel and brewery…

The UK Government’s Treasury Select Committee on Tuesday published the final, unredacted skilled persons’ report into the treatment of small business customers by Royal Bank of Scotland’s…

MSPs at Holyrood have supported the introduction of a new income tax system for Scotland. MSPs passed the proposals — part of a budget deal…

Shares of Elgin-based housebuilder Springfield Properties rose more than 5% after it announced its interim results for the six-month period ended November 30, 2017. Springfield announced…

Aberdeen-based oil and engineering giant Wood plc said it won UK Government backing “to bring space technology to nuclear decommissioning.” Wood said it is leading research…

Edinburgh and Newcastle-based Virgin Money has confirmed the appointment of former HSBC executive Irene Dorner as chair elect of the challenger bank. The appointment helps create the…

Edinburgh-based Aegon UK said the acquisition of Cofunds and “exceptional” organic growth has seen the firm add more than £15 billion to take its “platform” assets up…

UPDATE 4 — Shares of Edinburgh-based Standard Life Aberdeen fell about 5% after it was announced it will lose its biggest client. Lloyds Banking Group (LBG)…

Edinburgh-based fund management giant Baillie Gifford announced its intention to raise £250 million through the launch of a new investment trust company, the Baillie Gifford…

Edinburgh-based Craneware, a software firm that specializes in the US healthcare market, announce two significant new contracts with hospital providers in the US. Both hospital providers are new…

Glasgow-based Smart Metering Systems (SMS) announced it has signed a new meter rental agreement with Utilita Energy “to provide an opportunity for over 100,000 new…

Grant Thornton’s Scotland Limited report for 2017 shows that Scotland’s largest 100 private limited companies made a combined turnover of £21.4 billion, made combined pre-tax profits of…

Global consultants Wood Mackenzie and the Aberdeen-based Oil & Gas Technology Centre announced that developing new subsea technology and approaches could help unlock 400 million additional barrels…

Tokyo-based Terumo Corporation announced an investment of £33 million in its Renfrewshire subsidiary Vascutek Limited. The investment has been approved for the major expansion of…

Aberdeen-based oil and engineering giant Wood plc said it secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one…

Scottish private sector business optimism has strengthened “markedly” to a 43-month high, according to the latest Bank of Scotland Purchasing Managers’ Index (PMI). “Activity in…

The UK Treasury has held “secret” talks with‎ US officials aimed at speeding up a multibillion pound fine for Royal Bank of Scotland (RBS) that…

The value of Scotch Whisky exports rose 8.9% to a record £4.36 billion in 2017 — the equivalent of 1.23 billion bottles — according to…

The value of Scottish salmon exports rose 35% in 2017 to a record £600 million, according to new figures released by HMRC. Export tonnage of…

Celtic plc said its revenue increased 16.8% to £71.5 million and profit before tax edged higher to £19.5 million in the six months to December…

East Kilbride-based Goals Soccer Centres said it appointed Andrew Anson as its chief executive with effect from April 23, 2018. Anson has held senior roles at The Walt…

The crucial Forties oil and gas pipeline in the North Sea was shut for a second time in two months on Wednesday. The latest shutdown…

Reducing migration if the UK leaves the European Union would be “catastrophic” for Scotland’s economy, a new Scottish government discussion paper has warned. The discussion…

A Scottish court on Tuesday rejected a legal attempt to ask the European Court of Justice (ECJ) to clarify whether the UK could unilaterally stop…

Shares of Perth-based transport giant Stagecoach fell as much as 14% on Tuesday, the day after UK Transport Secretary Chris Grayling said the Stagecoach-led Virgin Trains East…

Stock markets around the world continued to fall on Tuesday for a fourth successive day of declines — a rout that has seen $4 trillion…

UK Transport Secretary Chris Grayling said on Monday the Stagecoach-led Virgin Trains East Coast rail franchise is facing an “urgent” cash crisis and will be able to…

The North Sea oil and gas industry will deliver about £1 billion in tax to the UK Treasury this financial year, according to latest estimates….

Stock markets fell around the world on Monday and bond yields rose as US inflation increased the possibility that global central banks may tighten policy…

A new report by TheCityUK found financial and related professional services firms in Scotland had a record year in 2016 with exports up by 9%…

Shaw Industries Group, the largest carpet tile manufacturer in North America and a subsidiary of Warren Buffett’s Berkshire Hathaway, has acquired Sanquhar Tile Services (STS) of the…

Virgin Hotels, the luxury lifestyle hotel brand by Virgin Group founder Richard Branson, has announced plans to open a hotel in Edinburgh. Expected to open…

US travel industry giant Travel Leaders Group said it reached an agreement to acquire Barrhead Travel Group, one of Scotland’s largest retail travel companies and…

Johnston Press — the embattled owner of The Scotsman, the i newspaper and about 200 local newspapers and websites — said in a trading update that…

The Scottish FA announced on Thursday that its chief executive Stewart Regan “has taken the decision to step down from his position at the association.”…

Aberdeen Standard Investments announced the launch of the UK Equity Impact – Employment Opportunities Fund in collaboration with Big Issue Invest, the social investment arm…

Scottish Renewables said that new UK Government statistics show turnover from renewable energy activity in Scotland was £5.4 billion in 2016. Individual sectors are showing…

The Scotch Whisky Association (SWA) has renewed its collective trademarks ‘Scotch Whisky’ and its translation ‘苏格兰威士忌’ in China — the world’s largest spirits market —…

Cumbernauld-based Irn-Bru maker A.G. Barr said it expects its revenue for the 52 weeks ended January 27, 2018, to be up 7.5% to £277 million amid…

Perth-based energy giant SSE raised its full-year profit outlook on Wednesday, saying it expects to deliver adjusted earnings per share in the range of 116p to…

Julie Hesketh-Laird is to take over as chief executive of the Scottish Salmon Producers Organisation (SSPO) following the retirement of Scott Landsburgh, who has held…

Total income from farming in Scotland is estimated to have increased by £245 million to about £917 million in 2017, according to the Chief Statistician in the Scottish…

BP has announced two new exploration discoveries in the North Sea that it said will help it double its production to 200,000 barrels a day by…

A consortium led by Blackstone announced that private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board (CPPIB) and Singapore’s GIC…

Spirit Energy, one of the top independent oil and gas operators in Europe, said it is extending the life of one of its key North…

The UK’s Financial Conduct Authority said on Tuesday it will publish in full a report it commissioned on how a controversial unit of Royal Bank of…