Here are the top business stories making the headlines in the morning newspapers.
University buildings closed
Three Aberdeen University buildings have been forced to close after they were found to have potentially-dangerous concrete on them.
The Regent Building on the university’s Old Aberdeen campus and the West Block of the Polwarth Building at Foresterhill has been shut to students until further notice.
Hillhead Boiler House has also been closed.
Specialist structural surveys are now taking place to determine the condition of the concrete, which the university said will “inform our next steps”.
The Press & Journal says the buildings will remain closed until further notice, with users being relocated elsewhere.
Repairs to city church spire
Nightclub bosses have been ordered to repair a historic church spire ripped from their building during Storm Arwen.
Gale-force gusts blasted the heavy piece of masonry from the top of The Priory club on Aberdeen’s Belmont Street.
Chunks crashed through the roof of the neighbouring Revolution bar.
The Press & Journal says the spire was soon surrounded by scaffolding in an urgent bid to stabilise what remained of it.
But, amid little sign of progress, the council recently imposed an enforcement order demanding that the structure be restored to its former glory.
Oil producers to cut exports
Oil-producing countries have agreed to continued cuts in output in a bid to shore up flagging prices.
Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July, and Opec+ said targets would drop by a further 1.4million bpd from 2024.
The BBC says Opec+ accounts for around 40% of the world's crude oil and its decisions can have a major impact on oil prices.
Scotgold chief executive to exit
The boss of Scotland's only commercial gold producer has announced that he is to step down.
Scotgold chief executive Phil Day informed the company that he was leaving in order to spend more time with his family in Australia.
The board said it had "reluctantly" accepted his resignation.
Mr Day will remain in his post "at this time". The process of recruiting a permanent successor will begin immediately, the company added.
The BBC says Mr Day's resignation comes after the company, which operates a gold mine at Cononish, near Tyndrum, reported a "very challenging" first quarter of the year. But it said last month that the second quarter had "started better.
More jobs in America
Job creation in the US remained robust last month, despite rising prices and a sharp spike in borrowing costs weighing on the economy.
Employers added 339,000 jobs, reports the BBC.
The gains were far greater than expected, continuing a streak of hiring that has surprised economists.
Analysts have expected hiring to slow as the American central bank raises interest rates to try to rein in rising prices.
But payrolls have remained resilient, raising hopes the economy will avoid a painful recession, while also stirring debate about whether the Federal Reserve will have to take more aggressive action to bring inflation under control.
US averts economic collapse
President Joe Biden has said raising the US borrowing limit averted economic collapse, in his first Oval Office address to the nation.
He signed the bill into law on Saturday after it cruised through Congress.
The Democratic president voiced rare praise for his Republican counterparts, saying they "operated in good faith".
He said an American default on its $31.4trillion (£25trillion) debt by today's deadline would have been "catastrophic".
The BBC says speeches to the nation from the Oval Office are typically reserved for major crises, such as war or natural disasters.
The White House said Mr Biden's decision to make his remarks there underscored the gravity of the situation if the debt ceiling had not been raised at the last minute.
YouTube move on false fraud videos
YouTube will stop removing videos with false claims of fraud in the 2020 presidential election, the social media platform has announced on Friday.
The BBC says the move ahead of the 2024 elections is a reversal of the policy put in place after the 2020 vote.
The company said it has deleted tens of thousands of videos questioning the integrity of past elections, but now "it was time to re-evaluate".