Here are the business stories making the headlines across Scotland and the UK this morning.
Firm hacked by rogue OpenAI models says it is 'a wake up call'
The co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI's most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is "a wake up call" for the industry.
Thomas Wolf told BBC's Newsday radio programme that "this will be one of the most common types of cyber attacks we see", but that most firms are not aware that the "game has changed".
The BBC has contacted OpenAI for comment.
Oil price at six-week high of $95 a barrel amid Trump threats
The price of oil topped $95 a barrel on Wednesday, a six-week high, after President Trump threatened fresh attacks on Iran and hinted that the US could strike a nuclear site in the country.
Brent crude, the international benchmark, leapt by more than 4 per cent to a high of $95.24 a barrel, while WTI, another key marker, increased by a similar degree to $87.90 a barrel.
The renewed rise in crude prices was triggered by Trump indicating that the US may target an area where the Iranians are thought to have shifted materials that could be used to manufacture a nuclear weapon.
Get the full story in The Times.
‘Phased’ opening plan for Aberdeen Beach playpark as huge tower takes time
Council bosses say the multi-million-pound park taking shape at Aberdeen Beach could have a phased opening as the sky-scraping play tower takes time to come together.
Work at the huge construction site began in the spring of 2024.
Since that time, two previously unremarkable grassy fields have been transformed.
Read the P&J exclusive here.
‘Demolished M&S site should be used to turn Aberdeen into city of parks’
A leading figure in Aberdeen city centre’s regeneration has touted turning the former Marks and Spencer building into a green space – hoping that Aberdeen can become the “European city with all the parks”.
The brutalist monolith was left empty in May last year following the department store’s move to the bright lights of Union Square.
One year on from the relocation, M&S bosses set in motion plans to flatten their former St Nicholas Square flagship.
Read more in The Press and Journal.
KPMG comes top in annual review of audit industry performance
KPMG has topped the audit industry’s annual quality leaderboard for the first time, just five years after almost half of its audits were deemed sub-standard and it was riddled with regulatory investigations.
The Financial Reporting Council’s latest annual review of audit quality, published on Wednesday, showed that 95 per cent of the KPMG audits it inspected over the past 12 months were deemed to be up to scratch.
That compares with scores of 90 per cent at Deloitte and EY, and 89 per cent at PwC, which remains Britain’s biggest audit firm having earned more than £1 billion in audit fees over the past 12 months.
Get the full story in The Times.
Aston Martin secures £550m loan deal
Aston Martin has secured £550m in loans as it attempts to boost its finances.
The luxury car maker has been struggling in recent years and in March announced it would cut about 600 jobs, as last year's net losses leapt by a little over 50% to £493.2m.
The firm has blamed the effects of US tariffs and weak demand in China.
Read more on the BBC website.
Swinney says Scottish and UK relations 'haemorrhaged' with Douglas Alexander
First Minister John Swinney says that relations with the UK government have "haemorrhaged" with Douglas Alexander as Secretary of State for Scotland.
Prime Minister Andy Burnham announced on Monday that Alexander would remain in his role. Alexander said he was "very happy" to keep the job.
But Swinney has raised concerns over Burnham's decision and accused Alexander of "making life difficult" for Scotland.
Find out more from the BBC.
US signs landmark nuclear deal with Saudi Arabia
The US and Saudi Arabia have signed a landmark deal that will reportedly allow the Gulf kingdom to develop a civilian nuclear programme.
The deal is described as a "peaceful nuclear co-operation agreement" that will provide "great access for American companies in the Saudi nuclear energy program", according to the US energy department.
Text from the deal was not made public, but US media have reported that it could allow Saudi Arabia to enrich uranium in the future - which can be used as fuel for power plants, but also to make nuclear bombs.
Read the full BBC article.