Dundee-based investment trust company Alliance Trust said it appointed veteran Scottish financier and businessman Robert Smith, Lord Smith of Kelvin, as its new chairman. Alliance Trust,…

Outspoken Australian economist Stephen Koukoulas — known as The Kouk — has challenged Royal Bank of Scotland (RBS) markets expert Andrew Roberts to a bet of A$10,000 to prove Roberts was wrong when…

Edinburgh-based aviation logistics and news distribution company John Menzies said on Wednesday its chief executive Jeremy Stafford had resigned for personal reasons after 15 months in the job. Menzies…

Edinburgh-based global fund manager Standard Life Investments said its longer-term outlook on China “has become increasingly negative” and that it fears China might not carry out corporate…

Oil and gas giant BP is to cut its North Sea workforce by 20% by 2017 — about 600 jobs — as part of a global…

Hamburg-based hedge fund Aquila Capital has bought 3,100 hectares of forest — about 12 square miles — in three locations in Scotland for its institutional investors….

Economists at Royal Bank of Scotland have warned clients in a note to “sell everything except high quality bonds” and that stocks could fall by…

A 19% year-on-year rise in international passengers in December helped Edinburgh Airport enjoy its busiest year ever in 2015 with more than 11 million passengers. Edinburgh Airport…

Edinburgh-based fund manager Standard Life Investments said on Monday it will be a “principal partner” for the British & Irish Lions rugby tour to New Zealand…

Wind power in Scotland had a record year in 2015, generating enough power to supply the electrical needs of 97% of Scottish households, according to WWF…

Aberdeen Asset Management has bought Liverpool’s Albert Dock development ‎– a UNESCO world heritage site that is home to the Tate Liverpool and The Beatles Story — on behalf of…

Edinburgh-based Standard Life Investments, a major shareholder in Royal Dutch Shell, said on Friday it would vote against Shell’s $50 billion bid to buy BG Group. David…

The storms of December and January have already caused up to £700 million of damage to the Scottish economy, according to insurance experts at consultants PwC….

Aberdeen-based energy services giant Wood Group has won a new contract with PetroRio to deliver services to the Polvo A platform in the southern Campos basin, about 100…

Virgin Trains said its service between Glasgow and Carlisle has been suspended due to viaduct damage caused by Storm Frank and will not reopen until February…

Oil & Gas UK chief executive Deirdre Michie (pictured) has welcomed the first rise in UK oil and gas production for more than 15 years —…

Shares of Edinburgh-based oil and gas company Cairn Energy rose at least 4% after it announced the successful testing of its SNE-2 offshore appraisal well near…

A poll carried out for the Scotch Whisky Association (SWA) shows that 92% of Scots consider the 76% tax levied on a bottle of Scotch to be unfair….

Scotland’s female employment rate is the second best of all 28 European Union countries, according to Eurostat figures covering July 2014 to June 2015. “Earlier this year I…

Three of the top jobs in Edinburgh transport have been filled — two of them by former military men — as the capital city’s integrated bus-and-tram transport leaders seek…

The Forth Road Bridge will be reopened to all vehicles except HGVs from 6am Wednesday morning. Operating company Amey confirmed that temporary repairs had been…

Polly Purvis, chief executive of digital technologies trade body ScotlandIS, has been appointed the first chair of CodeClan, Scotland’s first digital skills academy. CodeClan opened in September…

ScotRail has announced a £475 million train improvement programme it said will deliver new trains, thousands of extra seats, at-seat power points and better wifi. When the seven-year programme…

Bridge of Allan-based Graham’s The Family Dairy announced that its 2015 sales increased to £86.5 million from £85 million last year. Pre-tax profit rose to £1.6 million in…

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…

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…

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…

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…

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

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

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…

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 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,…

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…

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…

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…

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 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…

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…