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   Web Issue 3499 July 6 2009   
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The Herald

BowLeven sets sights on licence
Bowleven is considering a move into Angola following what directors described as a year of strong delivery for the oil and gas independent, which is focused on west Africa.

£2.1m deal puts Hunslet -Barclay back on the rails£2.1m deal puts Hunslet -Barclay back on the rails
Hunslet-Barclay, the historic locomotive works in Kilmarnock that collapsed after a cashflow crisis, has been sold out of administration for £2.1m in a deal that saves 119 jobs.

ITI Techmedia invests in display screen project
ITI Techmedia yesterday announced that it would invest £3.8m into a project aimed at developing technology that will reduce the weight and improve the viewing quality and power efficiency of flat-panel televisions and other display screens.

Wiseman eyes higher margins as sales surge
Margins on milk could still return to the 3p per litre (ppl) level of the 1990s, Robert Wiseman Dairies’ chief executive claimed yesterday as the company posted stronger than expected second-half results.

Shipping industry on the Clyde is alive and well
The shipyards on the Clyde have dwindled over the years, but a gathering of the Scottish shipping industry tonight will show that the sector is not only alive and well but thriving.

Chairman in waiting named by Wolfson
Wolfson Microelectronics, the Scottish maker of chips for many of the world’s must-have electronic consumer gadgets, said it had appointed Michael Ruettgers, former head of US digital storage giant EMC, to take over as chairman when John Carey retires at the end of the year.

Loganair wings way to bumper profit rise
Jim Cameron shared in a £49,000 pay-off when he left the post of Loganair chief executive earlier this year.

McKever sells Inverbeg Inn to Colquhoun family
The owners of a well-known hotel on Loch Lomond have acquired a rival operation as part of a £6m expansion drive.

BHP outlines cost savings
BHP Billiton, the world's largest mining group, yesterday unveiled details of the cost savings and earnings it believes its proposed takeover of rival Rio Tinto would deliver.

Scottish economic growth slows as manufacturers feel the pain
Scottish private sector business activity expanded at its weakest pace since the beginning of 2005, signalling a hefty deceleration of the economy north of the border, an influential report revealed today.

Standard Life bows out of takeover battle for ResolutionStandard Life bows out of takeover battle for Resolution
Standard Life has scrapped its £4.9bn battle for Resolution - a move widely anticipated after a drop in its shares slashed the value of its bid.

High hopes for Inchinnan as Rolls-Royce wins £4bn order
Rolls-Royce yesterday said it had won a £4bn order from fast-growing Gulf airline Emirates for engines for up to 120 Airbus A350 XWB aircraft.

Go-getting the most out of interiors
SME Focus: The experience of David Eastlake, who runs specialist interiors company The Eastlake Group, suggests that those who hold their nerve when things look scary can reap big rewards.

Factoring in some fairness
Bank charges, free school meals, warrant sales, homelessness and breastfeeding are just some of the issues into which Mike Dailly has waded in recent years.

Early Christmas for gold bugs
Analysis: Gold bugs are enjoying an early Christmas, with the price of the yellow metal surging ahead on an almost daily basis. The metal has leaped more than 32% in three months.

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