Here are the top business stories making the headlines in the morning newspapers.
Major economic package for the US gets go-ahead
The US Senate has approved a sweeping £579billion economic package that includes major legislation on healthcare, tax and climate change.
The bill seeks to lower the cost of some medicines, increase corporate taxes and reduce carbon emissions.
The passing of the bill - a flagship part of President Joe Biden's agenda - is a boost ahead of mid-term elections.
But the BBC says it is a significantly scaled-back version of the £2.9trillion package that was first proposed by his administration.
The bill includes a minimum 15% tax on most corporations that make more than £830million a year in profits. That measure, an issue of contention during negotiations in Congress, is opposed by business groups who argue it will limit investment.
There will also be £305billion for climate action - the largest investment in the issue in US history.
Some households could receive up to £6,200 in tax credits to buy an electric car, or £3,300 for a used car.
Billions will be spent in an effort to speed up the production of clean technology such as solar panels and wind turbines.
There will also be £49billion given to communities that have suffered the most from fossil-fuel pollution.
Shell boss says Britain still needs new oil and gas fields
Britain needs to keep developing new oil and gas fields in the North Sea even as it rolls out major offshore wind and carbon-capture-and-storage projects across the country, according to Shell's senior vice-president of UK upstream.
Energy Voice reports Simon Roddy as saying: "The UK will still need its home-produced oil and gas, which would otherwise only be replaced by likely higher-emissions imports. There was only one major development consent for the whole of the North Sea last year. I don't fundamentally think that's a sustainable position."
Contract win for Aberdeen engineering specialist
PD&MS Group has secured a three-year operations and maintenance (O&M) contract with Vattenfall.
The contract, the value of which was not disclosed, will see the Aberdeen-headquartered engineering specialist work across Vattenfall windfarms in the UK, Netherlands, Sweden and Denmark.
The award also includes options to extend the contract for a further two-year period.
PD&MS said it continues to "solidify" its position in O&M and inspection in the offshore wind sector, having now delivered several major onshore and offshore wind projects for clients.
Energy Voice says the business was founded in 2002 and is owned by private-equity firm Inflexion.
Olive oil going up
The price of olive oil is set to rise as heatwaves hit production in Spain, a leading exporter has warned.
Acesur, which supplies the UK's biggest supermarkets, told the BBC this would feed through into prices in shops in the next three to four months when companies renew their contracts.
The company's export manager, Miguel Colmenero, said customers could see prices rise by 20-25%.
Spain produces nearly half of the world's olive oil.
But the country, along with other parts of Western Europe which produce olive oil, including Italy and Portugal, has been experiencing extreme temperatures and a lack of rain in recent weeks.
Small shop wins battle with fashion giant
The owner of a small boutique says she is "over the moon" after winning a trademark battle with High Street fashion giant Zara.
Amber Kotrri, who runs Darlington-based House of Zana, had been told by the retailer her business was "conceptually identical".
Zara had argued there was a "high degree of visual and oral similarities" between the two brands.
But the BBC says a tribunal found the link was "too insubstantial".
Early work to start on Scottish offshore wind farm
Subsea 7 is preparing to start the engineering, procurement, installation and commissioning of inter-array grid cables for a Scottish wind farm.
Through Seaway 7, its renewables arm, the energy-services firm has struck a letter of intent to fire the starting pistol on early work for the Moray West development.
Ocean Wind's Moray West project will have 60 wind turbines with an installed capacity of 882 MW.
Energy Voice says it will be located next to sister site Moray East in the Moray Firth.
Trade-secrets accusation
IBM has accused a Swiss tech start-up of using a British front company to steal and copy its trade secrets.
LzLabs created a "shell company" called Winsopia in 2013 that existed solely for intellectual property infringement, IBM said in claims made in the High Court.
IBM said: "Winsopia has no business, except to act at the direction of LzLabs. And that direction is to engage in improper reverse engineering of the IBM software to gain IBM's trade secret and proprietary information."
IBM alleged that Winsopia posed as a genuine customer to lease an IBM mainframe - a type of computer data server - together with a copy of the mainframe's software. It also claimed that Winsopia then copied the software so LzLabs could create a competing product.
In allegations dating back to the mid-2010s, IBM said the company infringed patents on its software as well as Winsopia's licence to use the mainframe. This led to court proceedings being filed in London and in Texas, where LzLabs also operates.
The Telegraph reports that, on Friday, Mr Justice Waksman threw out LzLabs' attempt to stop the Texas case from going ahead. The judge said IBM UK could not be ordered to halt legal action brought outside Britain by its US parent company, declining to grant anti-suit injunctions in LzLabs' favour.