Business

Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently 

Despite ongoing inflationary pressures, construction firm Kier Group has been able to increase its adjusted operating profit and raise its operating margin while achieving a "significant reduction in debt. Announcing its results for the year ended 30 June 2022 this morning, the infrastructure servic

On the morning of 27th September, the Scottish Africa Business Association, in partnership with the Scottish Chambers of Commerce (SCC), is hosting a Ministerial delegation from Ghana in Scotland for a series of private meetings to discuss the opportunities for Scottish businesses arising from the r

Companies and brands holding Royal Warrants will have to reapply as the certification is set to become invalid following the passing of the Queen and the change of sovereign.

Patagonia has announced new ownership after the company's boss, Yvon Chouinard, decided to put the company in the hands of two trusts to assist in the fight against climate change. Effective immediately, the Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust

John Lewis has released its interim results showing a £99 million loss for the first six months ending 30 July 2022, compared to a £69m profit for the same period last year.

A successful Scottish recruitment drive has helped Dubai businessman Calum White establish his estate agency as one of the emirate’s most successful brokerages. The Edinburgh-born entrepreneur set up White & Co. Real Estate in January 2021, seven years after first moving to the UAE after b

Aldi has become the fourth largest UK supermarket overtaking Morrisons.

Scottish precision manufacturer Cube Glass has just secured a seven-figure deal at Western Villages, the country’s largest operational net-zero housing development in Granton, Edinburgh. The Cumbernauld-based tech firm will partner with construction and manufacturing company CCG Group to suppl

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has seen its gross profit increase by 21% to £6.2 million in the first half of 2022.

Senior oil and gas sector legal experts have highlighted the ‘energy trilemma’ as a key factor increasing the risk of disputes within the industry. The latest Oil and Gas Disputes Survey, conducted by CMS, reports how the impact of increasing social and regulatory pressure for the oil in

An increase revenues of 21% to £62.7 million has been reported by Smart Metering Systems (SMS) in its 2022 interim report for the six months ending 30 June 2022. The company's underlying profit before tax was up 7% from £9.6m to £10.3m for the same period last year. Pre-tax profit

Aberdeenshire technology firm, Recycl8, has announced the appointment of new CEO, Mark Gillespie. The former energy executive will be working with the Recycl8 team to drive the firm’s business strategy as they enter the next stage in their development.

Mattioli Woods plc, the specialist wealth and asset management business, which has offices in Edinburgh, Glasgow and Aberdeen, has seen its revenue increase by 72.8% to £108.2 million, in 2022. In its final audited results for the year ended 31 May 2022, the firm revealed "strong organic reven

Loganair, the UK’s largest regional airline, has cut its fuel surcharge on new ticket sales in response to changes in global fuel prices. The airline, which announced the surcharge in March this year as worldwide oil prices increased, has set out three zones to apportion the surcharge on an eq