Here are the top business stories making the headlines in the morning newspapers.
Rate of Aberdeen unemployment disputed
Real unemployment in Aberdeen is four times higher than the official figure - and above the Scottish average, a new report claims.
Centre for Cities' latest annual economic assessment of the UK's largest urban areas focuses on a wider definition of joblessness than the government's official figures.
Its "hidden" unemployment definition includes people who have left the job market for a variety of reasons but would like to work.
The research organisation estimates around 350,700 people in Scotland fall into this category.
The Press and Journal says the report puts the "hidden" jobless rate in Aberdeen - official plus "involuntary" unemployment - at 15.6%, compared with an official rate of 3.9%.
No economic impact of minimum unit pricing
Minimum unit pricing (MUP) has had no economic impact on the alcoholic drinks industry in Scotland, a report has found.
MUP has been in force since 2018 - following a protracted legal battle - and placed a minimum charge of 50p on each unit of alcohol.
The Press and Journal says concerns were raised ahead of its enforcement about its impact on the drinks industry, but a report commissioned by Public Health Scotland found no significant economic ramifications.
"The consistent message the researchers heard was that the new equilibrium of industry performance in Scotland was characterised by lower volumes but higher prices that largely balanced out, with no reported direct impacts of MUP on store or facility openings or closures or staffing," a briefing issued alongside the report added.
BP update on hydrocarbon projects
Energy giant BP says it is on course to deliver five resilient hydrocarbon projects this year.
Gordon Birrell, the company’s head of production and operations, mentioned new developments during the Baker Hughes annual meeting in Florence.
He said: “Starting with resilient hydrocarbons, we brought on 13 major projects in the last three years, we’ve got another five to bring on this year, including some huge projects in the Gulf of Mexico, the North Sea and the Tangguh in Indonesia which is LNG of course.”
Energy Voice says BP is 50% owner of Seagull – operated by Neptune Energy – which will come online in the UK this year.
Once ready, the 50million-barrel project will be tied-back to BP’s ETAP hub, expected in the first half of this year.
BP will report full-year results next Tuesday.
Balmoral Group could invest in new factories
Aberdeen’s Balmoral Group is primed to invest in new factories to create components for offshore wind farms.
But one key thing is needed before the company’s chairman takes the plunge - and that is standardisation.
Sales manager for renewables Ian Milne was speaking at Scottish Renewables’ Offshore Wind Conference in Glasgow.
He said offshore wind developers are facing a number of challenges, and he asked what can be done now in terms of intentions to guarantee capacity.
He added: “Standardisation will go a long, long way towards helping investment in the right facilities.”
Energy Voice says Balmoral was established by chairman Sir Jim Milne in 1980 to service the oil and gas industry.
Cyber attack on JD Sports
Sportswear chain JD Sports has said stored data relating to 10million customers might be at risk after it was hit by a cyber attack.
The company said information that "may have been accessed" by hackers included names, addresses, e-mail accounts, phone numbers, order details and the final four digits of bank cards.
The BBC says the data related to online orders between November 2018 and October 2020.
JD Sports said it was contacting affected customers.
The group said the affected data was "limited". It added it did not hold full payment card details and did not believe that account passwords were accessed by the hackers.
The attack related to online orders placed for the JD, Size?, Millets, Blacks, Scotts and MilletSport brands and it is understood it was detected by the company in recent days, but only historical data was accessed.
Video-streaming services take a hit
People cut back on video-streaming services in their droves last year as the cost of living rose sharply.
Analyst Kantar said the number of paid-for video-streaming subscriptions in the UK fell by two million - from 30.5million to 28.5million.
Demand had picked up again at Christmas, but the BBC reports that people were "quickly looking to cut back again".
China’s Covid figures fall
Chinese health officials say the country's current wave of Covid-19 infections is "coming to an end".
The number of severe Covid cases and deaths is trending downward, the country's Center for Disease Control and Prevention said in a report.
It also said there had been "no obvious rebound" during Lunar New Year holidays last week, where millions reunited for family gatherings.
The BBC says there have long been questions raised about China's Covid reporting.
But experts say the decline reported now corresponds with the expected timing of an end to this major wave.
The virus tore through Chinese cities and towns after authorities lifted zero-Covid restrictions in December. However, fever clinic visit rates have dropped over 90% through January and hospitalisation rates are down over 85%.
Rio Tinto apologises for losing radioactive capsule
Mining giant Rio Tinto has apologised for losing a tiny radioactive capsule that went missing as it was being transported across Western Australia.
An emergency hunt for the device, which is about the size of a pea, is under way along the 870 mile route.
The capsule contains a small quantity of radioactive Caesium-137, which could cause serious illness to anyone who comes into contact with it.
That could include skin damage, burns or radiation sickness.
The BBC says emergency services are searching for the device using radiation detectors and other specialised equipment, and say the chances of finding the tiny device are "pretty good".