The backing of the First Minister and the Scottish National Party for Alliance Trust in its battle with New York hedge fund Elliott Advisors has been called "nonsense" by a leading shareholder group.
THE chief executive of the Institute of Chartered Accountants Scotland has seen his pay stay steady at £354,000.
The board of HSBC has "full confidence" in its chairman Douglas Flint the bank's senior non-executive told shareholders yesterday as they questioned recent scandals and recorded a significant 24per cent vote against the remuneration report.
InterBulk, the global logistics group where 3.6per cent shareholder Jim McColl is on the board, has said first-half profits will come in ahead of last year.
EnQuest chief executive Amjad Bseisu has seen his pay fall 33 per cent from £1.36 million to £905,000, according to the company's annual report.
RETAIL advertising and promotion specialist SpaceandPeople has said trading in the first three months of its financial year has been in line with expectations.
Financial Times owner and educational products firm Pearson has said that Glen Moreno intends to step down from the board in the next 12 months, after more than nine years as chairman.
Google has reported an increase in revenue on the same period last year, with money from advertising continuing to grow.
NORTH Sea focused Ithaca Energy has agreed to offload its Norwegian operations to ambitious Hungarian oil and gas firm MOL in a deal which could be worth up to £60 million.
Comcast Corp and Time Warner Cable have abandoned their proposed $45 billion merger after US regulators said the deal would give Comcast an unfair advantage in the internet-based services market.
HSBC is actively considering whether to relocate its headquarters away from London in response to regulation.
Reckitt Benckiser Group has reported higher quarterly sales, helped by growth across all regions, and stood by its full-year target.
Valve-control systems maker Rotork said it expected its first-half results to be lower than a year earlier as oil and gas explorers slashed their investments.
The Treasury has sold another chunk of its stake in Lloyds Banking Group, taking its holding in the bailed-out lender to below 21%.
Pharmaceutical company Clinigen Group said it would become a leader in the supply of unlicensed medicines to doctors and hospitals with the acquisition of Idis for £225 million.
Fashion chain French Connection is expected to make a big annual loss after its recovery hopes were dashed by a difficult spring trading period.