latest news headlines

Pollen Street Capital to take over MW Eaglewood.

A deal to create one of Europe's largest investment managers focused on specialist lending is underway, as Pollen Street Capital heads for a takeover of MW Eaglewood. Pollen Street, the private equity firm which span out from Royal Bank of Scotland in 2013, will combine through a share swap with MW Eaglewood, manager of the ...

- City AM - UK

Shuttler Sindhu elected to BWF Athletes' Commission.

Gold Coast , May 24 Rio Olympics silver medallist P.V. Sindhu on Wednesday became the second Indian after her compatriot Saina Nehwal to be inducted in the Badminton World Federation Athletes' Commission. Sindhu emerged the highest voted player in the BWF Athletes' Commission election that took place on the sidelines of the ...

- Yahoo! News - US

FTSE Moves: Top flight shares rise buoyed by Royal Bank of Scotland settlement hopes.

The High Court has adjourned the RBS case for a month to allow further talks between the bank and its shareholders.

- - UK

Judge gives RBS a week to end investor suit or face trial.

LONDON, May 24 — A judge has given Royal Bank of Scotland and thousands of investors until June 1 to agree a deal that would avert a trial over the bank's £12 billion cash call in 2008. RBS has already offered almost £1...

- The Malay Mail - MY

Sri Lanka bring Scotland back to earth.

Minnows hammered after upset over the weekend The post Sri Lanka bring Scotland back to earth appeared first on The Express Tribune.

- The Express Tribune - PK

RBS trial: Judge orders another adjournment for settlement talks.

The Royal Bank of Scotland trial has been delayed again for further settlement talks. Mr Justice Hildyard this morning ordered an adjournment until 7 June but said he would require a progress report on Thursday morning, Press Association reported from the court. The 14-week trial was due to begin on Monday, but was ...

- City AM - UK

Record number of investments from overseas in Scotland during 2016.

Scotland won a record number of investments from overseas in 2016, although growth was substantially lower than the previous year. There were 122 foreign direct investment deals done over the course of last year, up from 119 in 2015.

- MercoPress - FK

RBS shareholders split over settlement offer in rights issue lawsuit.

Royal Bank of Scotland could still be headed to court as it's struggling to reach a deal with investors in a lawsuit over a 2008 rights issue. The trial was due to begin on Monday, but was adjourned after RBS tabled a last minute settlement offer. The bank had almost doubled the offer to 82p, and the trial was adjourned for ...

- City AM - UK

RBS struggles to seal deal over 2008 cash call dispute: sources.

LONDON - Royal Bank of Scotland is struggling to reach a deal with all the investors who allege the lender misled them during a 12 billion pound cash call in 2008, two sources familiar with the situation said.

- Reuters - US

Oysters galore! How whisky is helping to bring back native molluscs to the Scottish Highlands., Author providedOysters were abundant in the waters around the Dornoch Firth in the north-east of Scotland from 10,000 years ago. But overfishing decimated stocks in the late 19th century and the shellfish became extinct. Now, thanks to a groundbreaking environmental project, the local population is ...

- The Conversation - UK

Wood Group offers to sell rival's North Sea unit to gain takeover approval.

UK oilfield services company Wood Group offered to sell a majority of Amec Foster Wheeler’s North Sea oil and gas business today. The Aberdeen-based company hopes the new offer would help it receive clearance from the UK Competition and Markets Authority for the £2.2bn proposed takeover of its smaller rival. The CMA ...

- City AM - UK

RBS and lawsuit claimants work on settlement

Royal Bank of Scotland was locked in talks with claimants last night as the lender fights to avoid a high-profile court battle. The High Court judge yesterday granted a second 24-hour adjournment to allow settlement talks between the bank and investors to continue. The court was told yesterday morning that most claimants ...

- City AM - UK

Hundreds attend Glasgow vigil after Manchester attack

Hundreds of people, including young children, have gathered at a Glasgow vigil for the victims of the Manchester attack.

- - IE

U.K. royals hold moment of silence for Manchester

Queen Elizabeth II and the Duke of Edinburgh held a moment of silence at Buckingham Palace Tuesday for the victims of the Manchester attack.         


Scotland sees record foreign investment

The EY Scotland Attractiveness Survey showed Scotland is the second most popular part of the UK to invest in behind London.

- BBC - UK

Gender-fluid police officer in UK is allowed to switch between male and female identities daily

A Scotland Yard police officer in London is now the first gender-fluid officer in the United Kingdom, switching between a male and female identity, depending…

- - US

Trial over RBS 2008 cash call faces further delay amid settlement talks

LONDON - A trial in which Royal Bank of Scotland is accused by investors of misleading them over its 2008 fundraising is set to be delayed for a second day, as frantic settlement talks between the claimants and the bank continued in London on Tuesday.

- Reuters - US

Reynolds, McLean in Scotland squad for England clash

Aberdeen pair Mark Reynolds and Kenny McLean have earned recalls to the Scotland squad for the World Cup qualifier against England. The uncapped Jamie Murphy is also back in Gordon Strachan's group after helping Brighton win promotion to the Premier League. There is no space for Callum McGregor, however, despite the in-form ...

- - MT

In Pictures: Celebrating the World's Plant and Animal Life on International Day for Biological Diversity

All rights reserved. Credit: Kajsa Solander/ Greenpeace Puffins on the Isle of May Image caption: Puffins on the Isle of May Every year on the 22nd May the diversity of our natural world is celebrated. Whether you pay extra attention to the insects crawling in your garden or join a local group to help with a park or beach ...

- Greenpeace - INT

Scotland retains crown as top UK region for foreign direct investment

Scotland has kept its crown as the top place in the UK for foreign direct investment outside London. According to a report by EY out today, the number of foreign direct investment projects in Scotland grew by 2.5 per cent year-on-year in 2016. Scotland now snaps up more than one in 50 of all the investment projects ...

- City AM - UK

SNP to insist on Scotland's right to chose Brexit or independence

EDINBURGH - The Scottish National Party will insist on Scotland's right to decide its own future as Britain leaves the European Union, according to a policy document to be published on Tuesday.

- Reuters - US

New adjournment for crucial RBS hearing

The hotly-anticipated High Court trial that pits Royal Bank of Scotland against investors left out of pocket by its 2008 rights issue is set to be adjourned for a second day in a row while an eleventh-hour settlement is hammered out. The £125m High Court trial, whose defendants include former RBS CEO Fred Goodwin, was due ...

- City AM - UK

Who's liking that?

How are Scotland's parties campaigning for June's election via social media?

- BBC - UK

RBS said to be nearing £200m-plus settlement deal with investors

Royal Bank of Scotland is closing in on a settlement with thousands of former investors, in a move that would avert a High Court trial for the lender and its former executives including Fred Goodwin. The trial, over a 2008 rights issue, was due to start at the Rolls Building this morning but was adjourned by 24 hours to ...

- City AM - UK

CMA to probe Standard Life/Aberdeen Asset Management merger

The Competition & Markets Authority has launched an investigation into the deal between Standard Life and Aberdeen Asset Management.  The watchdog is considering whether the deal would "result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services". Standard Life ...

- City AM - UK

Northrop Grumman opens South Australia repair facility

Northrop Grumman has inaugurated a repair facility at the Royal Australian Air Force base in Edinburgh, South Australia, the company has announced. The new facility is intended to provide enhanced maintenance and repair services in support of laser-based large aircraft infrared

- Jane’s - US

RBS tries for last-minute settlement before investor court case: sources

LONDON - Royal Bank of Scotland has tried to reach a last-minute settlement with a group of investors who allege that the lender misled them over a 2008 capital increase, according to two people close to the matter.

- Reuters - US

RBS trial adjourned after bank tables last-minute settlement offer

Today's Royal Bank of Scotland trial regarding a group of investors left out of pocket over the bank's 2008 rights issues has been adjourned for 24 hours to enable settlement discussions to continue. It comes after reports emerged that the bank had tried to reach a last minute settlement with the investors. A £125m trial ...

- City AM - UK

RBS tables last-minute settlement offer with investors ahead of trial

Royal Bank of Scotland  has tried to reach a last minute settlement with a group of investors left out of pocket over the bank's 2008 rights issue, according to reports. A £125m trial is set to get underway in the capital today, with 9,000 claimants in the civil trial saying they were misled about the true state of RBS's ...

- City AM - UK

Will Fred be shredded in court as investors take on RBS over rights issue?

Today, barring an eleventh hour settlement, the civil trial brought by claimant shareholders of Royal Bank of Scotland against the bank and four of its former senior executives will begin in Court 15 of the Rolls Building. The judge in the case is the Honourable Mr Justice Hildyard. Who has brought the case? The claimants ...

- City AM - UK

Ex-RBS boss Fred Goodwin to defend financial crisis role in court battle

Royal Bank of Scotland is bracing for a costly court battle with shareholders that is to see former boss Fred Goodwin defend his role in the lender's near collapse during the financial crisis.

- - IE

Scotland make history with Sri Lanka win

Hundreds from Coetzer and Cross propel Scots to first ODI victory over full ICC member

- GulfNews - AE

At home with NHNZ producer David Hay

David Hay, a television producer, and his flatmate, Jack Woon, a film and television editor and director, live in a converted church in Mornington, Dunedin. David moved to New Zealand from Scotland in 2005.

- Stuff - NZ

UK PM May's Conservatives on 46 percent, Labour on 34 percent ahead of election: Orb poll

EDINBURGH - British Prime Minister Theresa May's Conservatives have retained their lead over the opposition Labour Party ahead of the June 8 election, but with Labour gaining ground, an Orb poll published by the Telegraph showed on Saturday.

- Reuters - US

UK PM May's Conservatives on 46 pct, Labour on 34 pct ahead of election according to Orb poll

EDINBURGH, May 20 — British Prime Minister Theresa May's Conservatives have retained their lead over the opposition Labour Party ahead of the June 8 election, but with Labour gaining ground, an Orb poll published by the Telegraph showed today....

- The Malay Mail - MY

Onboard the Beluga II

All rights reserved. Credit: Kajsa Sjölander / Greenpeace Marcela onboard the Beluga II Image caption: Marcela onboard the Beluga II Last week I had the privilege to sail along the east coast of Scotland on board Greenpeace's ship the Beluga II. This is the start of a two-month expedition documenting and investigating the ...

- Greenpeace - INT

In Scotland, the unicorn is the national animal

The mythical creature is Scotland’s national animal.         


No seat at Brexit talks for Scottish nationalists, British PM says

EDINBURGH, May 19 — British Prime Minister Theresa May today took her campaign for the June general election to Scotland, where she rejected nationalist leader Nicola Sturgeon's demand for a seat at the Brexit negotiating table. May promised...

- The Malay Mail - MY

NHS Scotland Running Windows XP on 6,500 PCs, 1,500 of Them Infected by WannaCry

The WannaCry ransomware outburst that started last week compromised a total of 1,500 Windows XP computers at NHS Scotland, Health Secretary Shona Robison revealed, adding that the organization still has some 6,500 PCs running the unsupported operating system. Speaking about the outcome of the WannaCry attack, Robison ...

- Softpedia - US

Julian Assange cannot leave the Ecuadorian embassy yet, as Scotland Yard confirms a warrant for his arrest will still be acted upon should he exit

Matthew Weaver / The Guardian: Julian Assange cannot leave the Ecuadorian embassy yet, as Scotland Yard confirms a warrant for his arrest will still be acted upon should he exit  —  A potential UK arrest and US extradition still loom over the WikiLeaks founder after Sweden dropped its rape inquiry

- Mediagazer - US

Scotland Yard to arrest Assange if he leaves UK hideout

Scotland Yard will arrest WikiLeaks founder Julian Assange if he leaves the Ecuadorean embassy in London despite Sweden dropping a rape investigation against him, British police said on Friday.

- Times Of India - IN

Sweden drops rape investigation of WikiLeaks' Julian Assange

Early Friday, Sweden's director of public prosecutions, Marianne Ny, said she is dropping the rape investigation into Julian Assange, the WikiLeaks founder who has been holed up in the Ecuadorian Embassy in London since 2012 to avoid extradition. "Chief Prosecutor Marianne Ny has today decided to shut down the preliminary ...

- The Week - US

Ian Brady's ashes 'will not be scattered in Glasgow'

The city council says it will refuse any request for the killer's ashes to be scattered in Glasgow.

- BBC - UK

FA votes for retrospective bans for diving

The English Football Association has voted in favour of introducing retrospective bans for players who dive or feign injury from next season. The new offence of 'successful deception of a match official' is based on a law already used in Scotland and was approved at the FA's annual general meeting at Wembley yesterday. ...

- - MT

Big Hack Attack and the NHS

The ransomware cyberattack that wormed its way into at least 74 countries recently exposed new vulnerabilities in the UK's National Health Service , as if it weren't vulnerable enough. Hospital systems in England and Scotland were taken offline. Major operations were delayed, causing frustration and additional worry to ...

- NewsBusters - US

Glasgow City Council refuses to allow Ian Brady's ashes to be scattered in the city

Moors Murderer Ian Brady will not be cremated and have his ashes scattered in his native Glasgow, the city council has said.

- - IE

This election isn't about getting a better Brexit deal - and the Conservative manifesto proves it

The government's Brexit policy is the only thing not changed by the Conservatives' new manifesto.  Why are we having a general election? The official line is that Britain's Brexit deal is under threat because Labour are iffy on whether or not to back Brexit, while the Liberal Democrats and the SNP are out to oppose it. And ...

- New Statesman - UK

Lingang to have carbon college

A China-UK Low Carbon College is to be set up to cultivate talents to tackle the challenge of climate change. Lingang Area Development Administration signed a contract with Shanghai Jiao Tong University and the University of Edinburgh to establish the college. Located in Lingang area, the college will act as a low-carbon ...

- Shanghai Daily - CN

Woman, 83, on 10-minute trip accidentally takes 300 mile detour to Scotland

An 83-year-old woman unintentionally drove 300 miles to Scotland, instead of the planned 6 miles to her hospital appointment, after taking the wrong turning, according to The Independent. Valerie Johnson supposed 10-minute trip was to attend her appointment at Peopleton's Royal Hospital in Worcester.  After having missed ...

- - MT

Big Talk & BBC Making Single Drama About Impact Of Princess Diana's Death

BBC Two has commissioned fictional single drama Diana and I, about the impact Princess Diana's death had on people's lives. It's produced by Big Talk Productions and written by Mrs. Brown and The Last King of Scotland scribe Jeremy Brock. The Full Monty director Peter Cattaneo is set to direct. It tells the story from ...

- - US