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”…

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…

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…

Swedish state-owned energy firm Vattenfall said on Tuesday it is considering proposals for another two wind farms in South West Scotland. Together, the projects could produce…

Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 23% on Wednesday after it published annual results showing a £300 million loss before…

Shares of Glasgow-based global mining, oil and engineering giant Weir Group rose 7% on Friday after it announced a “robust” trading update and agreed the…

The Oil & Gas Technology Centre (OGTC) announced on Monday the appointment of former Standard Life Aberdeen co-chief executive Martin Gilbert as chair of the Aberdeen-based…

Glasgow-based global mining, oil and engineering giant Weir Group said on Tuesday its first quarter orders were 13% lower than the prior year “principally reflecting…

Wheatley Group — Scotland’s biggest social landlord — said on Tuesday it has drawn down £72 million of funding from the European Investment Bank (EIB)…

Glasgow-based engineering giant Weir Group said on Thursday it has withdrawn its recommendation to pay a 2019 final dividend and has withdrawn its 2020 guidance…

Shares of Glasgow-based sausage skin and collagen products firm Devro rose 7% on Wednesday after the firm announced results for the year ended December 31, 2019…

A patient has been diagnosed with coronavirus (COVID-19) in Scotland — the first case confirmed in the country. The patient is a resident of the…

Shares of Glasgow-based sausage skin and collagen products firm Devro fell about 2% on Friday after it issued a mixed trading update for the year ended December…

Israel’s Delek Group said its Ithaca Energy subsidiary, which it plans to spin off in a London stock market listing, completed a deal to buy…

Serco Group said it has been selected as preferred bidder to continue managing and operating the Northern Isles ferry services for passengers and freight between…

Scottish Rugby said on Friday it has appointed prominent English RFU coach Jim Mallinder as its new performance director. According to London newspapers, Mallinder was…

Public sector revenue in Scotland reached £62.7 billion in 2018-19, exceeding £60 billion for the first time, with Scotland’s onshore revenues increasing 5.1% to reach…

Norwegian state-owned energy giant Equinor and its partners on Thursday announced first oil from the massive Mariner field in the UK North Sea. The field…

Shares of Glasgow-based Aggreko, the world’s largest temporary power firm, rose 6% on Tuesday after it said its profit before tax edged 2% higher to £60 million…

Shares of Cumbernauld-based Irn-Bru maker A.G. Barr fell 25% on Tuesday after the firm said it expects profit to fall 20% this year amid disappointing…

Grangemouth refinery operator Ineos said on Monday it will invest $2 billion to build three plants that would form part of petrochemical complex being developed…

A new report shows one in 10 smaller businesses in Scotland is led by an immigrant entrepreneur and these firms contribute more than £13 billion…

UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen plc unveiled a boardroom overhaul on Wednesday as it reported disappointing 2018 results that showed its…

Shares of East Kilbride-based Goals Soccer Centres plc fell about 15% on Monday after it said “outturn for 2018 is disappointing” and it now expects…

BP on Friday announced the first oil production from the giant Clair Ridge project in the West of Shetland region. BP’s co-venturers are Shell, Chevron…

ScottishPower — a subsidiary of Basque energy giant Iberdrola — on Monday unveiled what it called “the UK’s first end-to-end package electric vehicle ownership.” ScottishPower…

BP said on Monday it received approval from the UK’s Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland, which…

Ineos on Tuesday announced plans to invest £60 million to expand its Grangemouth refinery. It awarded a contract to build an additional furnace on its…

The Scottish Government said on Wednesday that Scotland’s public sector finances “are continuing to improve” — with total public sector revenue reaching £60 billion for…

BP said on Wednesday it will significantly increase its holding in the giant Clair field, 47 miles west of Shetland. “BP has entered into an agreement to…

Edinburgh-based aviation logistics and news distribution company John Menzies plc said on Friday the planned sale of its distribution business is taking longer than anticipated. Menzies has undergone…

The UK’s East Coast rail service between Edinburgh and London will be temporarily taken back under public control after UK Transport Secretary Chris Grayling said he…

Shares of Edinburgh-based international oil and gas company Cairn Energy rose about 3% after the firm made a bullish statement at its AGM. Cairn CEO…

Glasgow-based engineering giant Weir Group said on Thursday it agreed to buy Portland, Oregon-based ESCO Corp. for about $1 billion in cash and shares as it…

Lerwick Harbour in Shetland is set for a record year of cruise liner visitors. Over the next eight months, the Shetland port said it is…

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…

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…

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…

Aberdeen corporate finance expert Tom Faichnie has predicted the Granite City will experience a surge in merger and acquisition deal activity in 2018. Faichnie, managing…

Grangemouth refinery operator Ineos said all restrictions on the flow of oil and gas from platforms feeding into its crucial North Sea Forties Pipeline System…

The latest IHS Markit Report on Jobs data for Scotland indicated a further improvement in labour market conditions — with the number of people placed…

The Scottish Government announced that it “will not support the development of unconventional oil and gas in Scotland” — meaning there is an “effective ban”…

Inverness Airport saw a 23.5% increase in passenger numbers in the last financial year – up to 829,018 during 2016-17. Inverness recorded the highest monthly…

The IHS Markit Report on Jobs for Scotland for June has indicated a “sharp improvement of labour market conditions.” “Steep growth in demand for both…

Scotland’s food and drink exports increased by more than 11% to £1.2 billion in the first quarter of this year, compared with the same period…

UPDATE 2 — Brexit talks should be delayed until political stability is established in the United Kingdom, according to the Federation of Small Businesses (FSB) in…

Hyperloop One, a giant futuristic tube that plans to transport passengers and cargo at speeds of up to 700mph for long distances, has proposed nine routes connecting…

BP and its co-venturers Shell and Siccar Point Energy announced first oil from the redeveloped Schiehallion Area following completion of the multi-billion-pound Quad 204 project in the west…

The UK government said on Monday it intends on March 29 to formally trigger the long negotiations for the UK to leave the EU. “The UK’s Permanent…

Edinburgh-based Krotos, producer of audio products for the entertainment industry, said it secured angel investment in a deal led by Leslie Benzies, former president of Grand Theft Auto…

Melrose-based angel investment group Tweed Renaissance Investors (TRI Capital) appointed Jamie Andrew as its new chairman following the retirement of Rob Dick. Andrew said: “TRI Cap has…

The overall annual turnover of the UK’s oilfield services (OFS) industry fell from £40.6 billion in 2014 to £35.7 billion in 2015, according to a new…

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post  — said in a trading statement that although its revenue fell…

North Sea exploration firm EnQuest said it agreed to acquire from BP an initial 25% interest in the Magnus oil field for about $85 million — with an option to…

The UK’s housing stock is now worth a record £6.79 trillion, about 3.65 times the UK’s GDP, according to new analysis published by Savills. London and…

A £350 million expansion of Aberdeen Harbour has been sanctioned by the harbour’s board and the construction contract with preferred bidder Dragados UK is due to be formalised on…

Edinburgh has been ranked number one in the 2016/17 “Global Cities of the Future” for Foreign Direct Investment (FDI) Strategy by the fDi Intelligence publication, a division of the…

Scottish renewable energy businesses are now working in more than 40 countries around the world, new research by industry body Scottish Renewables has found. Projects…

Aberdeen Asset Management said its assets under management rose 10% to £312.1 billion in the year to September 30 — but underlying profit before tax decreased to £352.7…

Virgin Trains said it has seen a surge in cross-border rail travel after investing in 42 new services connecting Edinburgh to Newcastle and London. It…

Aberdeen-based bus and rail giant FirstGroup said its revenue rose 5.1% to £2.56 billion in the six months to September 30 but adjusted profit before tax fell 2.2%…

(Updated) — A new report from PwC on the oilfield services (OFS) sector predicts an “uneven” recovery that could see oil prices reach a “robust” $60-$70…

Shares of Glasgow-based engineering giant Weir Group fell as much as 6.5% after it said it expects full year 2016 profits to be slightly lower than current market…

Aberdeen-based Faroe Petroleum, the independent oil and gas company, announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea, in…

Scottish gross domestic product (GDP) grew 0.4% in the second quarter of 2016 — compared to 0.7% for the UK — according to statistics from Scotland’s Chief…