Here are the business stories making the headlines locally and across the country this morning.
STV journalists suspend strike action in pay dispute
STV News journalists have postponed strike action in an ongoing pay dispute.
News programming was taken off air last month during a walkout after the company rejected their demands for a 6% wage increase.
A further strike was set to take place on Tuesday, with newsrooms in Aberdeen, Dundee, Edinburgh and Glasgow closed.
That has now been shelved after talks between the broadcaster and the National Union of Journalists (NUJ).
Trump’s Truth Social suffers $700m slump after issuing new shares
Donald Trump’s social media app suffered a $700m (£562m) hit on Monday after its parent company issued new shares in a bid to raise cash.
Shares in Trump Media & Technology Group (TMTG), the parent company of Truth Social, tumbled more than 15% after it announced plans to offer up to 21.5m new shares.
The move, which threatens to devalue existing shareholders’ stakes, wiped more than $700m off the company’s market value.
TMTG enjoyed a surge in its value after listing in New York via a blank-cheque deal last month, with Mr Trump’s followers snapping up shares as a way of supporting his 2024 re-election campaign.
Leaked RGU email rules out paying for Garthdee parking as CPZ is ‘competing with other options’
Robert Gordon University (RGU) higher-ups have told staff at risk of losing their jobs that paying to control parking at Garthdee is not a spending priority.
A leaked email seen by the Press and Journal attempts to quell concerns at the crisis-hit campus.
It comes as hundreds of staff face losing their jobs as bosses launch an £18 million savings drive.
Amid the financial strife, RGU bosses have provoked fury in surrounding Garthdee by pulling out of a deal with the council to cover the cost of a controlled parking zone.
Apple hangs up title as world’s biggest phone maker
Apple has lost its crown as the world’s largest phone maker to Samsung after shipments of the iPhone fell nearly 10% in the first three months of the year.
Samsung delivered more than 60 million devices in the first quarter of the year to capture a 20.8% global market share, according to preliminary data from International Data Corporation (IDC), the research firm.
Apple delivered 50.1 million units, accounting for 17.3% of 289.4 million global smartphone shipments.
The figures come after Beijing tightened restrictions on the use of Apple products by government officials last year as part of an escalating tit-for-tat trade dispute with Washington.