Here are the top business stories making the headlines in the morning newspapers.
National Subsea Centre official opens
A multi-million pound National Subsea Centre officially opened its doors for the first time in Aberdeen yesterday as the city seeks to capitalise on the global underwater economy.
With the global underwater economy expected to balloon from £8billion to £35billion by 2035, the facility is designed to carry out crucial research in areas including subsea engineering, artificial intelligence, data science, and integrated energy.
The centre has been delivered in partnership between Robert Gordon University and Net-Zero Technology Centre as part of the Aberdeen City Region Deal.
Energy Voice says the facility focuses on three strategic research programmes - transparent ocean, integrated energy and marine operations.
Next step for Aberdeen recycling centre
Plans which would allow work to resume at the fire-ravaged Altens recycling plant have been lodged with Aberdeen City Council.
The proposals from Suez involve building a new group of temporary cabins in the current car park to allow workers to return.
Altens recycling centre was the site where all of Aberdeen City Council's recycling was sorted, until a massive fire in July last year.
The Press and Journal says the £27million building was constructed in 2017.
Despite the plans allowing workers to return, the site will not be sorting through the recycled materials. It will just be used as a collection point for the council's waste collection fleet before it will continue to be trucked nearly 300 miles to Hartlepool in County Durham, where it will be sorted until the Altens site is rebuilt.
Gas at Pensacola
Shell has found gas at the Pensacola well in the North Sea, partner Deltic Energy announced.
Energy Voice says drilling started in November using the Noble Resilient jack-up.
Analysts have previously said it had potential to be one of the largest gas discoveries in the UK offshore southern North Sea in the last decade.
Deltic Energy saw its shares rocket by more than 40% yesterday on the news.
'Cyber incident' hits Royal Mail
Royal Mail has asked people to stop sending mail abroad due to a "cyber incident" causing severe disruption.
It said it was temporarily unable to send letters and parcels overseas, and was "working hard" to resolve the issue.
There are also minor delays to post coming into the UK, but domestic deliveries are unaffected.
The incident has been reported to the UK's cyber intelligence agency and police who deal with serious crime.
Royal Mail apologised and said its teams were "working around the clock to resolve this disruption".
The company is calling it a "cyber-incident" rather than a cyber attack because it does not know what has caused the problem, the BBC has been told.
Computerised systems for sending letters and parcels abroad had been "severely disrupted", Royal Mail said.
US flights disrupted
Normal air traffic operations are slowly resuming in the US after flights were halted on Wednesday, the Federal Aviation Administration (FAA) said.
The disruption was due to a "damaged database file", the FAA said, adding that "at this time, there is no evidence of a cyber attack".
Airports nationwide were affected.
The BBC says that, as of Wednesday night east coast time, nearly 10,000 flights in and out of the US had been delayed and more than 1,300 were cancelled.
Civil servants walk out
Around 100,000 UK civil servants are to strike on February 1, the Public and Commercial Services union has announced.
Union members in 124 government departments along with several other bodies will walk out.
The BBC says the action is an escalation of a long-running dispute over pay and conditions.
PCS has been calling for a 10% pay rise, better pensions, job security and no cuts to redundancy terms.
It said a further 33,000 union members in five more government departments, including HMRC, are re-balloting next week to join the strike action.
Employees of public sector bodies including Department for Work and Pensions (DWP), the Driver & Vehicle Licensing Agency (DVLA), and the Department of Health and Social Care (DHSC) will take part in the action.
The PCS also represents thousands of workers who will strike at organisations such as Ofsted, the Maritime and Coastguard Agency, and the Home Office.
Barratt reports slowdown
Housebuilder Barratt has seen a "marked slowdown" in the UK housing market over the past six months, according to the BBC.
Boss David Thomas said the market had been hit by "political and economic uncertainty" and rising mortgage rates, which made homes less affordable.
Barratt said it was approving fewer new development projects and pausing hiring.
The company said the outlook for the second half of the financial year was "uncertain".
"The first half of the financial year has... seen a marked slowdown in the UK housing market," said Mr Thomas.
Jobs go at Goldman Sachs
Investment giant Goldman Sachs has begun job cuts around the world as it tightens its belt in the face of falling profits.
The cuts will affect up to 3,200 staff or roughly 6.5% of the bank's workforce, including employees in the UK.
The cuts are among the biggest made by banks this year as economic uncertainty puts lenders under pressure.
The BBC says Goldman is also reviewing its expenses, including bonuses and the firm's purchase of two private jets.