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Scottish Business Briefing - Friday 7 September, 2012

Sir Richard Branson's Virgin Atlantic is competing for a share of passengers on Scottish routes

Sir Richard Branson's Virgin Atlantic is competing for a share of passengers on Scottish routes

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

ECONOMICS

Scots business must look to global markets, says CBI Scotland chairman

SCOTTISH business needs to embrace globalisation, the chairman of CBI Scotland told the organisation’s annual dinner last night. Nosheena Mobarik said businesses north of the Border must boost their exports performance and find new foreign markets and partners to be a “real force for good” in an “interconnected world”. (Scotsman)

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

Oil firm Valiant’s ‘strategic review’ could see sale or merger

NORTH Sea-focused oil firm Valiant Petroleum put itself on the market yesterday, announcing a surprise strategic review that could also see it expand its portfolio. The firm launched a “review of options” aimed at value for shareholders and invited interested parties to contact it to discuss a merger or sale. (Scotsman)

Read all today’s energy and utilities news from scotsman.com

FOOD, DRINK & AGRICULTURE

Britvic-Barr merger ‘unlikely to be trumped by rival bidder’

ANALYSTS believe there is limited scope for a rival bidder to scupper the merger of soft drink groups AG Barr and Britvic, which are in talks over a possible £1.4 billion tie-up. (Scotsman)

Read all today’s food, drink and agriculture news from scotsman.com

INDUSTRY

Shares in Turriff owner dive after profit shock

The company behind the January 2011 takeover of north-east firm Turriff Group delivered a profit warning yesterday and also announced that its boss had left. (Press & Journal)

Read all today’s industry news from scotsman.com

TRANSPORT

Scotland continues to drive sales of new cars ahead of UK figures

New car registrations grew just 0.1 per cent to 59,433 last month, according to figure released today by the Society of Motor Manufacturers and Traders (SMMT). (Scotsman)

Virgin sets out target for Scottish air routes

VIRGIN Atlantic said today it will seek to grab nearly 40 per cent of passengers on Scotland’s busiest air routes if it wins the right to compete with British Airways between Edinburgh, Aberdeen and Heathrow. (Scotsman)

Read all today’s transport news from scotsman.com


 
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Sunday 19 May 2013

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