Scottish Business Briefing - Wednesday October 30
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
ENERGY
Petrofac wins slice of $650m Algerian contract
Advertisement
Hide AdAdvertisement
Hide AdOil and gas services group Petrofac has won a share of a $650 million (£405.2m) contract in Algeria. Scotsman
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
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