Scottish Business Briefing - Friday 1 July, 2011

ENERGY & UTILITIES

Cairn Energy India sale to Vedanta gets thumbs up from New Delhi

INDIA'S government yesterday gave the green light to Cairn Energy to sell a multi-billion-pound controlling stake in its Indian oil business to Vedanta Resources

BP's Iraq contract leads way as Petrofac reveals 1.3bn deals

ENERGY services group Petrofac said it has gained $2.1 billion (1.3bn) in orders in the first six months of the year, including a contract with BP in Iraq announced this week

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

INDUSTRY

SDI attracts international investment

SCOTTISH Development International (SDI) helped to generate more than 600 million of inward investment for the economy north of the Border last year, creating and safeguarding around 9300 planned jobs, the agency said yesterday.

Read all today's industry news from scotsman.com

FOOD, DRINK & AGRICULTURE

Belhaven's in the front line as owner Greene King's sales top 1bn

BELHAVEN brewery-owner Greene King toasted record profits yesterday after it took a bigger bite of the eating-out market, pushing sales through the 1 billion barrier.

Scotch whisky wins protection from counterfeiters in key Indian market

WHISKY industry leaders yesterday hailed a deal to provide stronger legal protection for Scotland's national drink in India, amid an ongoing fight against counterfeiting.

http://business.scotsman.com/business/Scotch-whisky-wins-protection-from.6793963.jp

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

RETAIL

More of Scotland's high streets are failing

SCOTTISH high streets are failing at more than twice the rate of their counterparts in England and are unlikely to recover any time soon, according to a hard-hitting report today.

Read all today's retail news from scotsman.com