Here are the top business stories making the headlines in the morning newspapers.
Offshore strikers asked to stand down
Workers carrying out strikes across the North Sea have been asked to stand down after Bilfinger UK yesterday joined a collective bargaining deal.
Energy Voice says the contractor had, controversially, been absent from the Energy Services Agreement (ESA), which already sets minimum pay and conditions for around 5,000 workers.
Bilfinger has now signed up in the wake of the strikes, with workers having downing tools on installations across the sector.
Iceland discount scheme for over-60s
Iceland is to launch a new discount for shoppers who are over 60, as soaring prices hit household budgets.
The supermarket chain said it would offer over-60s 10% off every Tuesday to support its older customers through the cost-of-living crisis.
The BBC said the move comes as supermarkets battle for customers, with prices rising at their fastest rate for 40 years.
Morrisons and Asda, which have been losing shoppers to discounters Aldi and Lidl, have already cut prices. Grocery prices were 5.9% higher in April than a year ago, according to research company Kantar.
Chancellor urged to bring back triple lock early
British pensioners are set to lose £13,000 over the course of their retirement because of inflation, new analysis has revealed.
This comes as pressure grows on Chancellor Rishi Sunak to bring back the state pension triple lock early.
The Telegraph says more than 12million elderly people have suffered a £551 real-terms cut over the past year after the Government abandoned its pledge to match payouts to rising prices.
Buyer for McDonald's operation in Russia
McDonald's has found a local buyer for its Russian business, after the war in Ukraine pushed it to quit the country.
Alexander Govor, who currently operates 25 McDonald's restaurants in Siberia, will take on the firm's restaurants and staff, operating them under a new brand, the fast-food giant said.
The BBC added that the US group did not disclose the sale price. It has previously emerged that McDonald's could take a possible £1.1billion hit from the exit.
Hi-tech farm machinery could be vulnerable to malicious hackers
Modern "smart" farm machinery is vulnerable to malicious hackers, leaving global supply chains exposed to risk, experts are warning.
The BBC says it is feared hackers could exploit flaws in agricultural hardware used to plant and harvest crops.
John Deere, one of the world's largest agricultural manufacturers, says it is now working to fix any weak spots.
A recent University of Cambridge report said automatic crop sprayers, drones and robotic harvesters could be hacked.
The UK Government and the FBI have warned that the threat of such cyber-attacks is growing.
John Deere said protecting customers, their machines and their data was a "top priority".