Here are the business stories making the headlines across Scotland and the UK this morning.
UK economy bounces back to growth as Andy Burnham era begins
The UK economy returned to growth of 0.1% in May, bouncing back after contracting the previous month.
Official figures for May were in line with forecasts from City economists. On a three-monthly measure, gross domestic product (GDP) rose by 0.7 per cent, above projections of 0.5 per cent and slowing from 0.8 per cent in the previous three-month period, the Office for National Statistics (ONS) said. The economy expanded by 0.3 per cent in March.
Andy Burnham is set to enter office next week, and will inherit a slow-moving economy which has been hit by rising energy prices this year. The economy outperformed at the start of the year, registering quarterly growth of 0.6 per cent but has slowed in the second quarter. Forecasters expect annual GDP to expand in the range of 0.9 to 1.1 per cent this year, down from 1.4 per cent last year.
Read more in The Times.
Double boat bonanza as behemoth cruise ships dock in Aberdeen at same time
The longest cruise ship to ever visit Aberdeen arrived at the South Harbour this morning.
The Norwegian Star is currently docked at the Dunnottar Quay near the AidaSol cruise liner which also sailed into the city on Wednesday.
More than 2,300 guests were on board the Norwegian liner which also visited Invergordon last week.
Read The Press and Journal's story here.
Government brings British Steel under public ownership
British Steel has come under public ownership after the government moved to "protect UK steelmaking".
The future of the steelworks, which employs roughly 2,700 people in Scunthorpe and supports many other industries in north Lincolnshire, has been dogged by uncertainty over recent years.
"Today's decision secures the future of steelmaking in the UK, protects skilled jobs and safeguards a vital national capability," Prime Minister Sir Keir Starmer said.
Read the BBC article here.
Free parking push could revive Aberdeen city centre says property expert
Free parking for shoppers could do more to revive Aberdeen city centre than another round of business support schemes, according to one of the north-east’s leading commercial property experts.
Knight Frank partner Eric Shearer believes Aberdeen must make it easier for people to visit the city centre if it is serious about tackling declining footfall and persistent empty units.
He has suggested motorists who spend money with city centre businesses should have their parking costs refunded.
Find out more in The P&J.
Argentina face action after waving Falklands banner
Argentina face the prospect of disciplinary action from Fifa after their players celebrated the World Cup semi-final win against England with a banner in support of their country's claims to the Falkland Islands.
The defending world champions produced a dramatic late comeback in Atlanta, scoring twice to defeat Thomas Tuchel's side 2-1 and book a showdown with Spain in Sunday's final.
After the final whistle, Argentina players celebrated while holding a banner reading "Las Malvinas son Argentinas", which translates as "The Falklands are Argentine".
Read more on the BBC website.
Salary information to be shown on job ads under new laws
Employers will have to publish salary information in job adverts under government plans to rewrite anti-discrimination laws.
Details of other job conditions could also have to be disclosed to candidates, under the draft proposals.
Ministers argue greater transparency will help people navigate the jobs market and could prevent future pay discrimination claims.
Read the BBC story here.
SpaceX shares dip below IPO price
The value of shares in SpaceX dropped below their initial public offering price for the first time on Wednesday as investor frenzy around the Elon Musk-founded company cools.
Shares in the satellite, rockets and artificial intelligence company had fallen to $132.64 by lunchtime, below the $135 price when it made its stock market debut on June 12. The shares closed down $0.81, or 0.6 per cent, at $135.27 on Wednesday.
The oversubscribed flotation attracted huge global interest from both institutional and ordinary investors, including many in the UK. It was promoted by 23 banks involved in the IPO, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase, which is reported to have collectively earned them hundreds of millions in fees. However, the outlook for investors who bought in at the IPO price and held on to their shares is uncertain.
Read more in The Times.