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Scotland business
Ithaca Energy has agreed to buy Valiant Petroleum in a £203m deal, it has been announced.
Valiant's shared soared by more than 30% on news of the cash and stock deal.
Both boards said they were pleased to announce that they had reached agreement on the terms of the recommended acquisition.
Ithaca said it would enable it to double its 2013 production forecast from oilfields in the North Sea.
Shortfall of £62m in mining clean-up
Taxpayers could be left with a bill for as much as £62m for restoring opencast mines in East Ayrshire.
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Marc Cieslak looks at the watches which are capable of doing more than just telling the time
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MI5 'approached Woolwich suspect'