Here are the business stories making the headlines across Scotland and the UK this morning.
Memorial service held to mark 38 years since Piper Alpha disaster
Crowds gathered at the North Sea Memorial Gardens in Aberdeen to pay tribute to those who died in the Piper Alpha disaster 38 years ago.
The service was held by interim UK oil and gas chaplain, Stuart ‘Stu’ Hallam, and served to remember the 167 men who died in the North Sea on July 6 1988.
Hallam began the service by emphasising the importance of continuing to remember the disaster and the men who lost their lives in it.
Read more in The Press and Journal.
End of an era: When can you watch STV’s final standalone north news programme?
The final standalone edition of STV News at Six North will be broadcast on Friday it is understood.
The show will bring an end to decades of dedicated early evening television news for viewers across the north of Scotland.
Inside sources have told the Press and Journal that the last north-only 6pm bulletin will happen at the end of the week.
Samsung profits jump 1,800% as AI chip sales soar
South Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips.
The company forecast that it made 89.4tn won (£43.6bn; $58.4bn) between the start of April and the end of June, marking its third record quarterly operating profits in a row.
Major South Korean firms like Samsung release forecasts of their earnings ahead of official detailed reports to help guide investors.
Read the BBC article here.
Codona’s ‘interested’ in running council’s futuristic beach playpark and events space
Codona’s is among 10 businesses interested in taking on Aberdeen’s new beach playpark and events space.
The council is splashing £57 million on a huge coastal overhaul, including a playpark, amphitheatre, skatepark and cafe down by the sands.
There are hopes the colourful new seafront additions will bring families from Aberdeenshire, and potentially further afield, to the Granite City.
Find the full story in The P&J.
Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'
Microsoft has announced it has cut 4,800 jobs - roughly 2.1% of its workforce - with Xbox to bear a large number of its latest layoffs.
Amy Coleman, executive vice president at Microsoft, told employees in a memo that the tech giant needed to focus on areas that can deliver for customers amid a "fast-changing industry".
The sweeping layoffs will see more than 1,600 roles immediately axed at Xbox.
Find out more from the BBC.
Nigel Farage set to be interviewed by standards watchdog over £5m gift
Nigel Farage is expected to be interviewed by parliament’s standards watchdog within the next fortnight over a £5 million gift he received from a cryptocurrency billionaire.
The Reform UK leader is facing mounting scrutiny over his financial affairs over the gift from Christopher Harborne and benefits he received from George Cottrell, a convicted criminal and crypto-gambler.
Daniel Greenberg, the parliamentary commissioner for standards, is already investigating Farage over whether he should have declared the £5 million gift from Harborne, which he received shortly before he became an MP. Farage has also been referred to the commissioner over the benefits he received from Cottrell.
Read The Times' article here.
Failed rocket firm took slice out of pizza maker and dry cleaners
The extent of debt owed by a collapsed space rocket maker includes sums for a pizza maker, a dry cleaner and a local café.
Orbital Express Launch, which traded as Orbex, raised £138.5 million in grant and equity funding in its attempt to build a reusable rocket run on biofuel.
That included securing £76 million of public money with the UK government putting in £26 million and the Scottish National Investment Bank £29 million.
Read more in The Times.