Technology
Nokia issues £610m bond ahead of key phone launch
FINNISH mobile phone maker Nokia yesterday unveiled plans to raise €750 million (£610m) as it attempts to stay in the race with Apple, HTC and Samsung.
Vince Cable expected to launch crackdown on computer ‘black box’ trading
A CRACKDOWN on so-called “black box” trading is expected to be proposed by the UK government to prevent extreme swings in the share prices of British companies.
Business news in brief: Angel Biotechnology | Howden | Idox | Rank
Shares in Angel Biotechnology, the Edinburgh-based life sciences company, fell yesterday after it said it had seen a continuation of the “very difficult” market conditions reported in mid-September.
Iomart powers up cloud computing network
CLOUD computing group Iomart yesterday announced a multimillion pound investment in an optical fibre network to link its six data centres.
Wolfson upgraded on renewed Apple links
Wolfson Microelectronics shares got a boost after analysts revealed the chip maker was again supplying tech giant Apple for the first time in three years.
Software company to open office in England
A FIFE software company that counts BAE Systems, BSkyB and Bristow Helicopters among its clients is to expand its workforce and push south after seeing profits more than double last year.
Lenovo edges HP out of No.1 spot as PC giant’s struggles continues
CHINA’S Lenovo Group edged out Silicon Valley icon Hewlett-Packard to become the world’s biggest PC maker in the third quarter, according to data from research house Gartner.
International fundraising round for website Kiltr
Kiltr, the Scottish professional social networking website, is preparing to launch an international fundraising round after appointing a trio of business heavyweights to its board.
Backing of £1.2m for start-up’s teeth tester
A START-UP company based at Edinburgh BioQuarter has secured one of the largest sums recorded in recent years by an early-stage life sciences outfit, while Edinburgh University has signed a partnership deal with a Swedish firm.
Kiltr beefs up board and targets Scots diaspora in bid to raise funds
SCOTTISH social networking website Kiltr is preparing to launch an international fundraising after appointing a trio of business heavyweights to its board of directors.
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Samsung in another Galaxy with stratospheric £4.5bn profit
Electronics giant Samsung has shrugged off the threat from arch-rival Apple to book another quarter of record profits thanks to strong sales of its hi-tech Galaxy smartphones.
4G launch will boost mobile users in Edinburgh and Glasgow
MOBILE phone users in Edinburgh and Glasgow will be able to access “superfast” broadband on the move by the end of the month as provider EE launches a 4G service to cover ten UK cities.
Edinburgh airport seals its first IT contract
Edinburgh airport has outsourced some of its “mission critical” IT work for the first time, hiring Onyx Group on a five-year contract understood to be worth around £3 million.
ProStrakan in $22m deal for rights to sell anti-cancer drugs in the US
LIFE sciences firm ProStrakan yesterday paid $21.7 million (£13.4m) to New York-listed pharmaceuticals firm GTX for the rights to sell an anti-breast cancer drug in the United States.
Cities ‘must join forces’ to boost life science
WELLCOME Trust chairman Sir William Castell will use an event at Edinburgh BioQuarter this week to call for players in Scotland’s life sciences sector to work more closely together to boost the nation’s profile on the world stage.
Australian online payments specialist Eway expands in Edinburgh
AUSTRALIAN online payments specialist Eway is to expand its Edinburgh office as part of its plans to “shake up” the UK’s e-commerce market.
Touch Bionics of Livingston launches latest addition to i-limb
Touch Bionics of Livingston has launched the latest version of its flagship artificial hand, with new innovations to benefit more of the estimated 1.2 million amputees around the world who have lost one or more of their fingers.
IndigoVision shares surge ‘shows shake-up at the top was needed’
SHARES in technology group IndigoVision, which was at the centre of a bitter boardroom battle less than a year ago when its founder was ousted, soared to their highest level in almost 18 months yesterday after posting bumper profits.
‘Unstoppable’ Iomart says profits will beat City forecast thanks to takeovers
SHARES in website-hosting firm Iomart leapt by as much as 13 per cent on Thursday after it said revenues and profits were “substantially ahead” of last year.
Publisher helps firms hire staff
JOHNSTON Press, the newspaper and website publisher, is launching a fixed-price recruitment service to help employers fill vacancies quickly and cost-effectively.
Asda selects I-Design to sell adverts on its cash machines
CASH machine software firm I-Design unveiled a contract with Asda on Monday to sell advertising on the supermarket chain’s network of 1,000 automated teller machines (ATMs).
- Celtic shareholders urge club to drop joint commercial deals with Rangers
- Earthquake that killed nine people in southern Spain was ‘man-made’
- Charles Green apologises to fans for revealing death threats
- Scottish independence: Row over SNP bid to ‘rig’ cash limits for referendum
- Fleet grounded after helicopter ditches in North Sea
- SNP party conference: ‘We’re ruled by a bunch of Snootys,’ says Alex Salmond
- ‘Who dares wins’: Cheers and boos as SNP votes to end opposition to Nato
- Scottish independence: SNP reveal no legal advice sought over EU entry
- Ministers bid to head off rebellion after MSPs quit SNP over Nato decision
- Scottish independence: Row over SNP bid to ‘rig’ cash limits for referendum
- Scottish Government urged to review smoking ban
- Abercrombie & Fitch: The brand might soon open a store in Glasgow, but does its 'heritage' fit the city?
- Edinburgh trams: £100m left in budget as council pushes for faster progress
- Fleet grounded after helicopter ditches in North Sea
- Earthquake that killed nine people in southern Spain was ‘man-made’
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Weather for Edinburgh
Wednesday 24 October 2012
Today
Cloudy
Temperature: 6 C to 10 C
Wind Speed: 8 mph
Wind direction: North east
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Cloudy
Temperature: 0 C to 9 C
Wind Speed: 12 mph
Wind direction: North east
