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Vote on knife-edge

Aggreko takeover in doubt as Liontrust opposes deal

Aggreko
Aggreko provides power at events and projects Temporary power company Aggreko’s £2.3 billion takeover by private equity firms could be in doubt, according to sources close to the deal. ItsRead More

Crypto float

Coinbase valued at $86bn in market debut

Bitcoin
The company helps to trade digital currencies like bitcoin Coinbase shares closed at $328.28 after an impressive debut on Nasdaq , giving the cryptocurrency exchange an initial market cap ofRead More

Dispute proposal

Cairn Energy offers to invest in India to settle tax battle

Cairn-Energy-India
The Edinburgh company is locked in a legal dispute Cairn Energy has offered to settle its dispute with the Indian government over a $1.2 billion tax payment by investing inRead More

Tech targeted

Minimum global tax on big firms could raise $245bn

Joe Biden
Joe Biden: need to level up the world Governments across the world could raise an additional $245 billion in revenue by introducing a minimum global corporate tax rate, it hasRead More

Net zero plan

Diageo trials low carbon glass whisky bottles

low-carbon-glass bottles
Biggest batch of low carbon Scotch bottles Spirits and beer company Diageo has collaborated in a successful pilot project to pioneer the lowest carbon footprint glass bottles ever produced forRead More

Legal action

Murdoch sues Flutter in bid to raise FanDuel stake

FanDuel: originally from Edinburgh FanDuel, the fantasy sports business which originated in Edinburgh, is at the centre of a legal battle between its owner Flutter Entertainment and the Murdoch empire.Read More

Tech deal

VITEC acquires Fife video tech firm Exterity

Exterity
Exterity has an expanding global reach VITEC, a worldwide IP video streaming solutions company, has acquired Dalgety Bay-based Exterity, the venture capital backed provider of IP video technology. The deal signals VITEC’sRead More

Markets

Tesla adds $37bn in value as Wall Street soars

Tesla store in Edinburgh
Tesla in Edinburgh: firm exceeding forecasts (pic: Terry Murden) Wall Street began the week with the Dow Jones and S&P 500 hitting record closing highs and electric-vehicle maker Tesla addingRead More

Koreans withdraw

LG first big smartphone maker to quit market

LG-mobiles
No new models from LG South Korea’s LG Electronics will become the first major smartphone maker to pull out of the market following a decision to wind down its loss-makingRead More

Arbitration battle

Cairn setback as India to appeal $1.2bn tax ruling

Cairn-Energy-India
Cairn sold its stake in Cairn India India has appealed against a ruling by an international tribunal ordering it to pay $1.2bn in damages to Cairn Energy in a long-running tax dispute.Read More