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Scottish Business Briefing - Wednesday October 30

Standard Life's assets under administration rose to �237.6 billion. Picture: Contributed

Standard Life's assets under administration rose to �237.6 billion. Picture: Contributed

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.

FINANCE

Standard Life assets rise 9% on strong sales

Life and pensions group Standard Life today reported a 9 per cent rise in assets under administration to £237.6 billion for the first nine months of the year. Scotsman Read all today’s finance news from scotsman.com

MANAGEMENT

Weir Group to double size of operations in Malaysia

WEIR Group is spending £70 million to more than double the size of its operations in Malaysia. Herald

Read all today’s management news from scotsman.com

ENERGY

Petrofac wins slice of $650m Algerian contract

Oil and gas services group Petrofac has won a share of a $650 million (£405.2m) contract in Algeria. Scotsman

Read all today’s energy news from scotsman.com

TRANSPORT & INDUSTRY

Stagecoach remains upbeat as Megabus sales motor

Soaring revenues in North America and accelerating sales at its regional bus arm in the UK have put Stagecoach on track to meet its full-year profit forecasts. Scotsman

Firms win Ryder Cup services contracts

TWO Scottish companies have landed contracts to provide services to next year’s Ryder Cup matches between Europe and the US at Gleneagles. Herald

Read all today’s transport and industry news from scotsman.com

MEDIA, TECH & LEISURE

Smart packaging firm Insignia Technologies draws investors

A Scottish firm which has developed a smart label that warns when food is past its best is to press on with trials in the US and Europe after being backed by a range of investors. BBC

Read all today’s media. tech and leisure news from scotsman.com

 

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