Scoop up every spoonful of oil, CBI advises
	The UK Government must not impose an "arbitrary and unfair tax" on energy companies as household fuel bills surge but must invest alongside North Sea players to "scoop up every spoonful" of oil, the Confederation of British Industry's director-general declared.

BP resolves dispute with Russian partners

A long-running dispute between BP and the partners in its Russian joint-venture TNK-BP appeared to have been resolved today.

Standard Life drafts in Hunt to new post

Standard Life reignited speculation about its future leadership yesterday when it appointed a highly-experienced deputy to the finance director David Nish.

Peace breaks out for BP in Russia

BP has agreed a peace deal with the Russian investors with whom it has been at loggerheads that could ensure the survival of the company's key joint venture and help the country win more foreign investment.

Ross passes on Belhaven baton to Venters

Euan Venters, a Scots-born former Sara Lee executive, has been named as the new head of beer company Belhaven, taking up the baton from its long-standing chief executive Stuart Ross.

Nestle Americas chief to take helm at Unilever

Consumer products giant Unilever yesterday announced the departure of chief executive Patrick Cescau after 35 years with the company.

Trichet piles on pressure as rates are held

European Central Bank President Jean-Claude Trichet unnerved stock markets yesterday by highlighting the nasty combination of a "trough" in growth in the 15-nation eurozone and upside risks on the inflation front, as the Bank of England held UK base rates at 5%.

Tough times stalling gender equality bid

The failure of women to apply for director-level jobs is a significant factor in maintaining the glass ceiling in the workplace, according to an industry expert.

JMH fires ahead as oil and gas side expected to balloon

Arbroath-based engineer John M Henderson (JMH) is on target to double its turnover in oil and gas-related contracts, the company estimates, just three months into its new financial year.

Resolution merger leads to search for fiery classical inspiration

Managers at Glasgow-based Resolution Asset Management have trodden a well-worn path back to the classical era when seeking a new name for the business following its merger with new owner Pearl's Axial Investment Management.

Latest service sector survey fuels fears of UK recession

Fears of UK recession continued to mount yesterday when a closely-watched survey signalled the fourth consecutive monthly decline in activity in the dominant service sector.

	Dawson reports improved results
	Dawson International has reported an improved performance in the first half of the year, but says it is con-sidering “all possible options” for its Todd & Duncan spinning mill at Kinross.

Price must be right for Friends Provident

F&C Asset Management will remain in Friends Provident's hands if the insurer cannot get the price it desires for it, Friends chief executive Trevor Matthews cautioned yesterday.

African bout for BowLeven and Rhind

Bowleven could be on course for another collision with the former chief executive who threatened to destroy the oil and gas firm after confirming it is considering moving into Angola this year.

Kelvin Connect sells £1m stake in business to Airwave

Kelvin Connect, the spin-out firm from Glasgow University that has equipped police in Scotland with an electronic notebook, has struck a deal to sell a £1m stake in the business to Airwave Solutions.

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