Breaking Boundaries: Latest Business News Roundup

Published On Mon Jun 10 2024
Breaking Boundaries: Latest Business News Roundup

Scottish, UK, and Global Business News | Press and Journal Business

Clare Humphreys has worked with over 100 business leaders and has helped them reach targets - including doubling turnover. Sarah Downs and Yekemi Otaru said they have "struggled with a slowing consulting market". A number of protestors set up banners outside the Silver Fin building. Jock Ramsay is one of the team at the heart of GlenWyvis Distillery. Jim Reid and his wife Gail started the business with £20,000 and now employ 21 people. Plans for the £25 million project, expected to create more than 20 jobs, include a visitor centre. New poll also finds majority support for more government ownership of UK energy. 7 jobs shed, with liquidator blaming hard times during Covid. Technology developed in Scotland has its first customer inside the Arctic Circle. Kelly Oziomaaka is taking her creations from the catwalks of London Fashion Week to the Granite City. Unite the Union says stressed-out workers have received a 'miserable' offer from their employer. Shares jump after company says it wants to see if Middle East suitor is serious about a bid.

Wood Considering Another Offer

Wood is considering another offer for the company, from the Middle Eastern Sidara. Such a sale would likely help Wood access new international markets, but the loss of a FTSE250 company based in Aberdeen will be lamented. Given the challenges of the North Sea, is such a move inevitable?

Equinor ASA in Talks with German Hydrogen Startup

Norway’s Equinor ASA (NYSE:EQNR) is in advanced talks to become a key investor in German hydrogen startup HH2E AG in an effort to diversify its energy production, according to people familiar with the matter.

Noble Corp to Acquire Diamond Offshore

US offshore drilling rig operator Noble Corp has announced it will acquire smaller rival Diamond Offshore in a cash and stock deal worth around $1.59 billion (£1.25bn).

Noble Corp. to acquire Diamond Offshore Drilling in $1.6 billion deal

Protesters Target Shell's Aberdeen Office

A group of protesters set up banners outside of Shell’s Aberdeen office to “expose the greenwash”.

Renewable Energy Viewed as Key to Scotland's Economic Future

People in Scotland’s north east think renewable energy is the most important sector to the region’s economic future, a new poll by Scottish Renewables has revealed.

Energy Exports Conference 2024 in Aberdeen

International delegations, major operators, and industry leaders are descending this week on Aberdeen to discuss the future of the global energy sector at the Energy Exports Conference (EEC) 2024.