Here are the business stories making the headlines across Scotland and the UK this morning.
Cove Rangers agree to pay former sponsor £105,000 to settle court action
Cove Rangers have agreed to pay £105,000 to one of their former principal sponsors after being taken to court to reclaim the cash, The Press and Journal can reveal.
Terry Cobban, of ACE Group, launched a civil action against the club and the case called in Aberdeen Sheriff Court yesterday.
Mr Moorhouse said he has now offered to pay the full amount to Mr Cobban to resolve the court case.
Read the full story in the Press and Journal.
Aberdeen oil company’s offices vandalised with red paint
The offices of an Aberdeen-based oil company have been vandalised through the night.
Red paint has been thrown over the front of the Dana Petroleum building in the city centre.
The incident took place shortly after 2am on Thursday at the Summer Street entrance of the building.
Read the full story on the P&J website.
Brides warned of flower shortages as farmers wrestle with drought
Flower growers supplying weddings have faced a punishing year because of the dry and hot conditions, prompting farmers to warn that they are battling increasingly unpredictable weather.
“I started off thinking, ‘Gosh, it’s really gorgeous weather’. And then, rapidly, ‘Good lord, I haven’t got enough water to service this’,” said Roisin Taylor, who runs Verde Flower Co in Northumberland.
“I’m trying to produce really high-quality stems. I’m trying to meet deadlines for weddings, so timing is really critical. The drought has pushed everything back. It’s given me shorter stems. The water collection has been an absolute nightmare. So it has had quite a significant impact.”
The full article is available in The Times.
Shipyard needs urgent investment to survive, MSPs warn
The publicly-owned Ferguson Marine shipyard needs "urgent investment" to become more competitive and survive, according to a committee of MSPs.
The yard has no pipeline of work lined up beyond the ferry MV Glen Rosa, which is expected to be delivered by the middle of next year, raising concern for its future.
Holyrood's public audit committee said leadership and governance failings along with the delays and cost overruns building two CalMac ferries had caused "reputational damage", despite the yard's long and proud history.
Read more on the BBC website.
I understand what Trump cares about, says Starmer
Sir Keir Starmer has said he "understands what anchors" US President Donald Trump, having built a relationship on shared family values.
Despite "different political backgrounds" the prime minister said he found common ground with Trump, and that their "good personal relationship" helped land a vital US tariff deal.
Speaking on BBC Radio 4's Political Thinking programme, Sir Keir revealed Trump reached out to console him after the death of his younger brother Nick Starmer on Boxing Day.
Get the full story on the BBC site.
Glencore ‘left in the dark’ over Prax Lindsey refinery closure
The FTSE 100 supplier to a British oil refinery was not brought into discussions about securing its future until shortly before it collapsed into insolvency.
Glencore, the mining and commodity trading group, was only informed of the financial difficulties at the Prax Lindsey oil refinery three days before it collapsed despite ministers being aware of the difficulties for several months, sources told The Times.
The delay to rescue talks has left the UK’s smallest refinery facing closure in days as restructuring advisers seek to secure a supply contract to maintain operations at the site in north Lincolnshire.
Read the full story on The Times website.