Here are the business stories making the headlines across Scotland and the UK this morning.
King honours his 'darling Mama', the late Queen, on her centenary
King Charles has delivered a personal video message remembering the life of public service of his "darling Mama", the late Queen Elizabeth II, on what would have been her 100th birthday.
The King warned, in a message recorded at Balmoral earlier this month, that his mother would have disapproved of the current state of the world.
"Much about the times we now live in I suspect may have troubled her deeply," said the King, without revealing any specific concerns, domestic or international.
Apple CEO Tim Cook to be replaced by John Ternus
Tim Cook will step down as the chief executive of Apple later this year and will be replaced by John Ternus, the iPhone maker’s head of hardware engineering.
Cook, 65, who has led Apple since 2011, will become the company’s executive chairman on September 1. The technology executive, who took on the mammoth task of succeeding Steve Jobs, has been credited with growing the iPhone maker into one of the most valuable companies in the world.
Under Cook’s leadership, Apple’s market capitalisation has grown from $350billion to more than $4trillion. The consumer technology giant was the first US company to achieve a $1trillion market capitalisation in 2018.
Swinney turns down Trump invitation to White House banquet
Scotland's First Minister John Swinney has turned down an invitation from Donald Trump to attend a state banquet at the White House next week.
The Scottish government said Swinney "politely declined" the offer to join the event on April 28, which is part of the King and Queen's state visit to the US.
A four-minute phonecall from the US president was held on Monday, with the invitation the focus of the conversation.
Dale Vince: Ditch heat pumps and buy bombs instead
Labour should divert grants for heat pumps towards defence spending, an environmental campaigner has said.
Dale Vince, one of Britain’s leading green entrepreneurs, said the £2.7 billion fund intended for ditching existing gas boilers should be spent on bolstering the UK’s military capability.
He said: “Let’s keep the boilers we have and buy the bombs we need.”