Here are the business stories making the headlines across Scotland and the UK this morning.
Trump says more US attacks on Iran 'highly unlikely'
Donald Trump has said "Iran militarily is effectively over", and said that there is "positive momentum" behind negotiations to end the Middle East conflict.
"We're just keeping it the status quo," the US president said on Monday. "And we're doing that really at the behest of countries that are their neighbours."
Addressing reporters from the White House press briefing room, Trump said that renewed US attacks on Iran were "highly unlikely" but that the US was "locked and loaded" should the circumstances change.
Read more on the BBC website.
All 23 jobs lost as Turriff manufacturer enters liquidation
All 23 staff at a Turriff manufacturing plant are set to lose their jobs as the company enters compulsory liquidation.
Thermal transfer ribbon manufacturer Zhuorim TTR UK, registered as Lothian Shelf (731) Limited, petitioned the court to be wound up in September.
The company had recorded losses throughout its trading history amid growing pressure from overseas competitors.
Read more in The Press and Journal.
Poundland unable to buy new stock as fears over collapse grow
Poundland is unable to buy new stock to fill its shelves after being blocked by its owners from accessing cash in its bank accounts.
The discount chain is on the brink of collapse with one insider describing it as "running on fumes". It has until Thursday to secure a rescue deal.
About £50m has been frozen by its American owner Gordon Brothers, the BBC understands, meaning its 600 shops are running out of stock.
Union Street bus return uncertain as operators await ‘necessary clarity’ from council ahead of reopening
Bus companies say they cannot commit to returning to Union Street, despite Aberdeen City Council claims that the decision is theirs.
Stagecoach bosses have told The P&J they await “absolute clarity” on when their buses will be allowed back onto the Market Street to Bridge Street stretch, while First Bus awaits “permission” to return.
Union Street Central has been closed for more than two years to allow a £23.8 million revamp, which is hoped to be finished by the end of this week.
Mars invests another chunk in UK with £161m for pet food factory
Mars, the producer of Pedigree and Whiskas, is to spend £161m modernising its 75-year-old pet nutrition factory in Leicestershire.
In a boost for UK manufacturing, the investment at Melton Mowbray will create more than 30 technical and engineering roles in the first year and expand the site’s apprentice programme from 26 to 33 permanent positions by next year.
Mars’s latest commitment takes its total capital investment in the UK since 2021 to £661m. It announced £190m for its chocolate factory in Slough in May.
Read more in The Times.
Qantas to outsource 850 local jobs with most roles moving to India
Qantas will outsource 850 local corporate jobs to consulting giant Accenture with most roles moving to India as the airline fast-tracks AI investment.
In an internal email to staff on Tuesday, the Australian company's CEO Vanessa Hudson said "this is hard news for some and I'm sorry for the uncertainty it brings".
The job cuts will begin mid-2027, she said, and start with finance, procurement, people and marketing roles shifting "mostly" to teams in India and "some in Australia" as the firm seeks to modernise its IT systems.
Read the BBC story here.
Premier Inn owner fends off US raider in boardroom battle
Whitbread has successfully fought off an attempt by an activist investor to win a seat on the company’s board, in a vote of confidence in the FTSE 100 hotel group’s strategy and leadership.
Some 83.4 per cent of shareholders who voted in a general meeting on Monday rejected a plea from Corvex Management to install James Gemmel, one of its partners, on Whitbread’s board. Excluding the shares owned by Corvex, the proportion of votes cast against the resolution was 91 per cent.
The meeting was convened after demands from the American hedge fund run by Keith Meister, a former deputy to the billionaire activist investor Carl Icahn, for the Premier Inn owner to re-evaluate its strategic direction and “chronic misallocation of capital.”
Get the full story in The Times.