Confusion surrounds the tender from Glasgow-based temporary power supplier Aggreko to provide generators to the Olympics in Rio de Janeiro next year. Reuters reported that a spokesman…

Scotland’s First Minister Nicola Sturgeon has hinted that the Scottish government is moving closer to issuing Scottish debt — by selling bonds to institutional investors….

Royal Bank of Scotland chief executive Ross McEwan has outlined the company’s fast-moving plans to shrink its global investment banking operations as it moves to…

Edinburgh Airport is on course for its busiest year ever and Glasgow Airport is on track to record its strongest year since 2008. Edinburgh had 794,792 passengers in November, a…

Shares of Aberdeen-based global energy services giant Wood Group rose almost 3% on Thursday after it published a strong trading update for the year to…

Aberdeen-based transport giant FirstGroup has retained the TransPennine Express rail franchise until at least 2023. The franchise will play a key part in delivery of the UK Government’s…

Shares of Perth-based bus and train operator Stagecoach fell more than 13% after it said the terrorist attacks in Paris have discouraged people from traveling to major…

Morgan Stanley said on Tuesday night that former UK finance minister Alistair Darling has been elected to its board of directors, effective January 1, 2016….

Former UK Prime Minister Gordon Brown is to join four other “world-renowned experts on economic and political issues” on a new global advisory board at…

National Australia Bank (NAB) has urged its shareholders to support a proposed demerger of its Clydesdale and Yorkshire Bank (CYBG) at a special meeting on…

The Bank for International Settlements (BIS) says an “uneasy calm” exists in global financial markets as they prepare for the expected increase in U.S. interest rates…

North Sea oil and gas doyen Ian Wood believes the next few years will be the industry’s toughest — with up to 10,000 job losses in…

Former Experian, Aviva, RBS and Standard Life executive Graeme Jones has been appointed chief executive of trade body Scottish Financial Enterprise (SFE), replacing Owen Kelly…

Scotland’s forestry sector now contributes nearly £1 billion to the economy through forest management, timber processing and recreation and supports about 25,000 jobs, according to a…

Grangemouth refinery operator Ineos said it has set up a new oil and gas subsidiary to hunt for opportunities as it completed the purchase of the North Sea natural…

Royal Bank of Scotland (RBS) and Standard Chartered have survived the 2015 stress test set by the Bank of England, the UK’s central bank —…

The International Monetary Fund (IMF) has decided that the Chinese renminbi (RMB) should be considered a global “reserve” currency. The move means markets will now prepare for…

Fund manager Aberdeen Asset Management, which specializes in emerging markets and Asia, said its assets under management fell from roughly £324 billion to £284 billion in the…

Dundee-based investment firm Alliance Trust, under pressure from US activist shareholder Elliott Advisors to restructure, said on Friday that its chair Karin Forseke (above) will leave her post on…

Edinburgh-based airport cargo handling and news distribution company John Menzies has warned shareholders it now expects full year earnings to be £2 million below previous expectations due partly…

Interest rates “must go up because they (artificially low rates) are distorting so much” said Hugh Young, managing director of Aberdeen Asset Management Asia. “I mean, it’s not…

Edinburgh-based fund giant Standard Life Investments, a shareholder in HSBC, would support the global bank if it decided to move its headquarters away from London…

The report into the collapse of HBOS has recommended that regulators should consider whether former bosses at the bank should be banned from the finance industry. The review also concluded…

The UK’s Financial Conduct Authority (FCA) is to investigate whether Britain’s $10 trillion (£6.6 trillion) asset management industry delivers value for money for investors. The FCA said…

Royal Bank of Scotland has offered to buy back up to $6.4 billion of bonds — effectively paying off debt — as it seeks to cut its…

The UK government has sold $20 billion (£13 billion) of former Northern Rock mortgages and loans to US private equity firm Cerberus in the largest ever…

Edinburgh-based fantasy sports operator FanDuel looks set to legally challenge a “cease-and-desist letter” from New York attorney general Eric Schneiderman that has ordered it to stop accepting bets in New York State….

Perth-based energy giant SSE said adjusted pretax profit rose 48.2% to £548.8 million for the six months to September 30 amid windy and wet weather…

Standard Life has said there “are no current plans” for its chairman Gerry Grimstone to leave the Edinburgh-based investment giant despite the news that Grimstone is joining…

Scottish Mortgage Investment Trust’s latest results show a big increase in its stakes in companies not listed on the stock market and reveal that more than…

Scotch Whisky exports totalled £1.7 billion in the first half of 2015 as the decline of recent years slowed significantly. Scotch exports to Brazil, India and Russia…

The strong pound — which can make Scottish exports more expensive — and the weak oil price have combined with other factors to lead to…

Royal Bank of Scotland (RBS) said it made a third quarter operating loss of £134 million, down from a profit of £1.1 billion in the same…

A growing number of international and UK-based investors and developers are showing interest in the £1 billion Dundee Waterfront regeneration project that will transform 240 acres…

Aberdeen-based oil and gas services giant Wood Group has won a multi-million dollar contract to provide engineering services to BP in the Gulf of Mexico, UK…

Edinburgh-based investment giant Standard Life said it enjoyed net inflows of £2.4 billion ($3.6 billion) in the third quarter — well ahead of analysts’ expectations….

Statoil said on Wednesday it will delay the start up of the $7 billion Mariner field in the North Sea — the biggest field development…

French love of Scottish whisky and seafood has helped Scots food and drink exports to France to increase by more than 50 per cent since 2007…

The chairman of Lloyds Banking Group — which includes Halifax Bank of Scotland and Scottish Widows — has caused a stir by arguing there was no…

Scottish-born Angus Deaton, a professor at Princeton University in New Jersey, has been awarded the Nobel Prize for economics “for his analysis of consumption, poverty,…

The Investment Association (IA) — the powerful trade group for the Scottish and UK fund management industry — said Daniel Godfrey is leaving his role as its chief executive,…

Glasgow-based Arnold Clark Automobiles, Scotland’s biggest privately-owned company, said its turnover rose almost 12% to a record £3.3 billion in 2014. “It is very fitting that…

Scotch whisky giant Diageo, the world’s biggest spirits maker, said Kathryn Mikells (pictured) will become its chief financial officer on November 9. Mikells succeeds Deirdre Mahlan, who is returning to…

Aberdeen-based global oil services giant Wood Group said its chief operating officer Robin Watson would succeed veteran Bob Keiller as chief executive officer on January 1….

The UK government is planning to sell its remaining 12% stake in Lloyds Banking Group, owner of Halifax Bank of Scotland and Scottish Widows, in…

Scotland’s First Minister Nicola Sturgeon has launched a £78 million ($118m) fund to help the country become an “innovation nation” and push Scottish businesses to develop almost 1,000 new inventions, products and…

About 73% of Scottish businesses would vote to remain in the European Union in a referendum, with that figure rising to 90% for large Scottish companies, according…

The City of Edinburgh Council has put the prestigious Atria office development in the heart of the Scottish capital’s Exchange financial district on the market for…

Stagecoach subsidiary East Midlands Trains has won a deal to continue running services between London, the East Midlands and parts of the north of England until…

Glasgow-based mobile power giant Aggreko has announced an expansion in Canada with an agreement for the £18 million acquisition of ICS Group, a provider of temperature control products….

Edinburgh-based Virgin Money said on Tuesday that Lee Rochford is to “stand down” as chief financial officer (CFO) and as an executive director of the company….

The development of the largest new field discovered in the UK North Sea for 10 years has been approved by the UK Oil & Gas Authority….

French energy major Total has agreed to sell its interests in the FUKA and SIRGE gas pipelines in the North Sea and the St. Fergus Gas Terminal…

World trade volume expanded 2% in June following a 1.3% decline in May, according to the latest report from the Netherlands-based CPB World Trade Monitor….

The main bus company for Scotland’s capital city continues to make good profits for major shareholder Edinburgh Council, while the new Edinburgh Trams service has made a stronger start…

Global mergers and acquisitions (M&A) volume for 2015 reached $3 trillion on August 11, according to research firm Dealogic. At 223 days into 2015, that’s the second fastest…

The Edinburgh-based David Hume Institute has announced that Nemat Shafik, one of the most influential women in global finance, will speak at its 30th anniversary dinner…

Scottish companies have reported further growth of output and new orders for the start of the third quarter, according to a survey for Bank of Scotland….

The Scottish Government said on Sunday it wants to ban the growing of genetically modified (GM) crops in Scotland. Some scientists and farmers’ leaders said they were…

Shares in Edinburgh-based investment, insurance and pensions giant Standard Life fell more than 3% on Tuesday afternoon despite the company reporting that its first-half operating profit rose…

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