Here are the top business stories making the headlines in the morning newspapers.
Energy industry leaders meet up in US
The world's top oil show kicks off in Houston, Texas, today.
Back in its traditional early May fixture after two topsy-turvy years, the Offshore Technology Conference (OTC) is said to be making up for lost time.
While last year saw a slightly-muted reception to a socially-distanced, hybrid event, OTC 2022 is keen to reassert its position as the largest business convention in the US's energy capital.
And, although attendance is unlikely to top the roughly 60,000 attendees recorded pre-pandemic, there is clear appetite from delegates and organisers alike for the so-called "Super Bowl of Oil" to make full return to its home at the NRG Park in south Houston.
Paul Jones, chairman of the OTC board of directors, told Energy Voice that the return to physical staging is welcome.
"You can do a lot remotely, and you can do a lot online and a lot in the virtual environment, but you can't replace the interaction of people and the idea generation and the camaraderie that we see at OTC," he said.
Johnson to launch new 'right to buy' scheme in England
Boris Johnson plans to revive Margaret Thatcher's Right to Buy scheme to help young people get on housing ladder in England.
Millions of tenants could get the right to buy the homes they rent from housing associations, according to the Daily Mail.
The Prime Minister has reportedly told officials in the last fortnight to develop the proposals to help 'generation rent'.
The plan is intended to give the 2.5million households in England who rent properties from associations the chance to purchase them at a discounted price.
Asda owners could sell forecourt business for £13billion
The billionaire owners of Asda are in talks to sell their forecourt empire EG Group to a Canadian convenience store giant in a deal that could value it at around £13billion.
The Telegraph says the Issa brothers are in discussions with Quebec-headquartered Couche-Tard about a merger with EG Group, which operates hundreds of petrol station sites in the UK as well as the Leon restaurant chain and Cooplands bakeries. Asda is held separately and is not part of the talks.
EG Group has been valued at around £12.7billion including debt in the discussions, which have been taking place for weeks.
The negotiations, which were first reported by the Wall Street Journal, are yet to lead to a deal and may fall apart.
Zuber and Mohsin Issa, who own Asda alongside their private-equity partner TDR, have been weighing up the future of EG Group, which they founded in 2001 and also jointly own with TDR.
Non-stop flights from Sydney to UK and US
Qantas has announced it will begin operating non-stop flights from Sydney to London and New York.
Australia's national carrier said it had purchased a new fleet of Airbus A350-1000 jets capable of direct flights to any city in the world.
The first Sydney-London flights will depart in late 2025 and take about 20 hours, making them the world's longest passenger flights.
The route, launched in 1947, once took 58 hours and seven stops.
Qantas has been working on the project for about five years, but implementation has been delayed by the Covid-19 pandemic.
In 2018, it began offering direct 17-hour direct flights between London and Perth in Western Australia.
Stake in Serica sold
BP is selling its 5% stake in North Sea operator Serica Energy for £49.3million.
The disposal, through a share-placing process, represents 13.5million ordinary shares in Serica at 365p each, according to Energy Voice.
BP acquired 5% in Serica Energy back in 2015, in a trade-off for BP's 18% stake in the Erskine field in the North Sea.
Serica has a market capitalisation of around £1billion.
The firm's main assets are the Bruce, Keith and Rhum fields, which produce via the Bruce platform around 210 miles north-east of Aberdeen.
Free-range eggs back on sale
People can once again buy free-range eggs after measures to control a bird flu outbreak were relaxed.
The BBC says hens are now allowed back outside, after the UK Government lifted restrictions imposed last November requiring them to stay indoors.
It means free-range labelling can return to shelves.
Since March, the eggs have been classified as "barn eggs" in supermarkets due to the length of time birds had been kept inside .
Free-range eggs come from hens that have unlimited outdoors access during the daytime.
The RSPCA says about 55% of all eggs produced in the UK are free-range.
Big investment in whisky distilleries
Whisky maker Chivas Brothers has announced plans to invest £88million in two of its Speyside-based single malt distilleries.
The company said the investment in Aberlour and Miltonduff would go into upgrading "sustainable distillation technologies" at the sites.
The move will also increase its total production capacity by 14million litres of alcohol a year, says the BBC.
Chivas is part of French drinks giant Pernod Ricard.