Computershare creates 300 jobs in Edinburgh

Edinburgh is to be the home of a new technology centre created by Australian financial services company Computershare which will create 300 jobs. Computershare secured…












Regulator clears Standard Life-Aberdeen merger

Standard Life and Aberdeen Asset Management said the UK’s Competition and Markets Authority (CMA) announced that it has cleared the £11 billion merger of the Scottish investment giants….


Film fund generates £17.5m for Scots economy

The Scottish Government’s Culture Secretary Fiona Hyslop said the Production Growth Fund has generated £17.5 million for the Scotland’s economy — returning £10 for every…









US authorities move to block FanDuel merger

The US Federal Trade Commission (FTC) said on Monday it has authorized legal action “to block the merger” of Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two…










Investors OK £2.2bn Wood Group-Amec FW deal

Shareholders of Aberdeen-based oil and gas services company Wood Group and rival Amec Foster Wheeler have overwhelmingly approved Wood Group’s roughly £2.2 billion recommended all-share offer…






Aggreko buys Indonesia’s KBT for $33m

Glasgow-based Aggreko, the world’s largest temporary power firm, said it acquired KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company for about $32.8 million. “KBT…


Scots unemployment falls to 4%, a 25 year low

The Scottish Government said Scotland’s unemployment rate has fallen to 4.0% to match the lowest rate in 25 years. Labour market statistics for February-April 2017 published…












Weir Group to buy Singapore’s KOP for $114m

Glasgow-based engineering giant Weir Group said it agreed to acquire Singapore-headquartered oil and gas technology firm KOP Surface Products from Norwegian-listed Akastor ASA for about $114m…




Menzies merger firm DX probed by police

UPDATE 2 — Courier firm DX Group, currently in the process of acquiring the distribution business of John Menzies in a reverse takeover, said on Friday it was notified by the…


Wood Group wins BAE submarines contract

Aberdeen-based oil and gas services giant Wood Group said it was awarded a new industrial services contract by BAE Systems Submarines. Effective immediately, the two-year contract…



Scotgold agrees first sales to jewellery industry

Scotgold Resources Ltd said it signed its first sales agreement with the Scottish jewellery industry involving two prominent Scottish jewellery manufacturers. The agreement covers the first refining batch — about…