CONSTRUCTION firm Galliford Try has reached financial close on a project to build two Scottish schools for the Highland council and its development firm, North Scotland, in a contract worth £50.8 million.
Oil and gas explorer Bowleven has received overwhelming shareholder backing for the £150 million deal which will see it sell off two-thirds of its principal asset for the cash it needs to continue exploration in Africa.
The appointment of the first outsider to head Tesco in its 95-year history could herald a major strategy re-think at the world's third-largest retailer and a shake-up of the UK sector, analysts have said.
SHARES in Aberdeen-based oil and gas independent Ithaca Energy have dipped on news that the Lupus-1 wildcat exploration well in the Norwegian North Sea, in which it has a 10 per cent interest, did not find any hydrocarbons.
ENGINEERING contractor Babcock International Group has seen its order book for its financial year swell to £13.5 billion after a number of recent contract wins and the completion of its acquisition of helicopter transport firm Avincis.