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.
Standard Life sells Canadian offices for £65m
Life and pensions group Standard Life has taken advantage of strong market conditions in Canada by selling two office buildings for around £65 million (Scotsman).
ENERGY & UTILITIES
Peterson takes control of supply firm 80:20
Energy industry logistics company Peterson SBS yesterday revealed it had taken a majority stake in a fellow Aberdeen firm (P&J).
FOOD, DRINK & AGRICULTURE
Tate and Lyle deal is sweet for Heriot Watt spin-out firm Nandi
INGREDIENTS maker Tate & Lyle yesterday signed a deal to use technology developed by a spin-out firm from Heriot Watt University in Edinburgh to improve the “texture” of its foods (Scotsman).
MEDIA & LEISURE
One Thumb Mobile hires extra staff to build on computer game success
MOBILE game developer One Thumb Mobile is moving into new premises and taking on staff to support the success of its latest game (Herald).
Tidings of discomfort and woe on Scotland’s high streets as figures show slump in sales
SCOTLAND’S beleaguered high street retailers have had their hopes of a pre-Christmas boost dashed as new figures showed a dramatic slump in shop sales (Scotsman).
Stagecoach rejects US anti-competition claims
Transport giant Stagecoach has rejected claims from US authorities that its Twin American tour bus joint venture has resulted in higher prices for sightseers in New York because it operates as a “monopoly” in the city (Scotsman).