Barack Obama believes Scotland has "a lot to offer the world'' and promised to return after his first visit to the country.
Scots Oil Firm Makes +£2bn Deal
Oil services company Wood Group has reached an agreement to take over rival Amec Foster Wheeler in a £2.2 billion deal.
Aberdeen-based Wood Group said the deal will result in "significant cost and revenue synergies'' of at least £110 million a year.
Under the terms of the all share transaction, Wood Group would hold 44% of the new entity, with the offer price of 564p representing a 15% premium to Amec Foster's closing share price of 489.2p on Friday.
Shares in Wood Group rose 6.85% in morning trading, while Amec's shares rocketed 17%.
Wood Group chairman Ian Marchant said: "The combination extends the scale and scope of our services, deepens our existing customer relationships, facilitates further development of our technology-enabled solutions and broadens our end market, geographic and customer exposure.
"Delivering significant sustainable synergies will also result in a leaner and more competitive combined group, creating value for shareholders.''
Shareholders will be asked to vote on the deal, but the boards of both companies have unanimously recommended it be approved.
Debt-laden Amec had planned to launch a £500 million rights issue to bolster its balance sheet, but those plans have been suspended following the offer from John Wood.
Amec chairman John Connolly said the tie-up supports its "standalone prospects''.
If the deal is approved, Robin Watson and David Kemp, currently chief executive and finance boss of Wood Group respectively, will continue in the same roles in the combined entity.
Ian Marchant is also set to continue as chairman of the new firm.
Fans attending the Scottish Cup Final have been warned to expect delays before the match as security is increased following the attack in Manchester.
Torrential thundery downpours are set to descend on Britain over the bank holiday weekend, bringing an end to the spell of summery weather.
The family of Manchester bomb victim Eilidh MacLeod have said they are praying that her injured friend makes a full recovery.
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