Here are the business stories making the headlines across Scotland and the UK this morning.

Nicola Sturgeon reported to police for allegedly handling stolen goods

Nicola Sturgeon has been reported to the police by a pro-independence blogger over allegations of handling stolen goods.

Operation Branchform, the Police Scotland inquiry into the SNP’s handling of funds, led to Peter Murrell, the party’s former chief executive and Sturgeon’s estranged husband, being imprisoned for embezzling more than £400,000.

Sturgeon, the former first minister, was arrested but told after the end of the operation, which took nearly four years, that she would face no charges.

Read more in The Times.

Trump says AI safety fears a 'hoax' as he rejects calls for greater safeguards

US President Donald Trump has said fears about the safety of AI are a "hoax", as he criticised calls to have more guardrails for the fast-moving technology.

It comes after Jack Clark, a co-founder of AI giant Anthropic, told the BBC that a "kill switch" for dangerous AI that can be checked by a third party may need to be mandatory for the industry.

Clark's comments followed warnings about the risks the technology poses to humanity that have been raised in recent days by several executives and staff at leading AI firms.

Read the BBC article here.

US confirms for first time it has deployed space weapons

The US has confirmed it deployed a space weapon in Earth's orbit, the first time it has acknowledged such offensive capabilities.

US Secretary of the Air Force Troy Meink said the "on orbit" weapon was necessary to safeguard US forces against hostile enemy action.

Speaking at the Air, Space and Cyber Conference on Monday, Meink said the US was ready for "evolving threats", but did not elaborate on the weapon's capabilities or when it was put into orbit.

Read more on the BBC website.

Windows installed at Aberdeen’s Flint market as building to be ‘wind and watertight’ within weeks

Aberdeen’s Flint market should be “wind and watertight” within weeks as new images reveal huge windows being installed.

The £50 million attraction began construction in February 2024, and crews have been making strong progress ahead of its opening next year.

The major glass frontage overlooking The Green has now been put in place as bosses turn their focus towards works on the cladding and roofing.

Read more in The Press and Journal.

Government urged to uphold rejection of Ally McCoist’s housing plan

A council has urged the Scottish government to uphold its rejection of Ally McCoist’s housing development plans.

The football pundit, 63, hopes to build 33 houses and flats on a vacant site in the upmarket Bridge of Weir in Renfrewshire. The proposals include four detached houses, six semi-detached houses and 23 flats in three blocks.

The plans have attracted 395 objections from opponents who argue that the development will damage the area. There have been 63 letters of support.

Read more in The Times.

Hugo Boss chairman steps down as Frasers tightens grip

Mike Ashley’s Frasers Group has overthrown the chairman of Hugo Boss as it attempts to wield greater control of the German fashion label. 

Hugo Boss told shareholders on Monday that Stephan Sturm, its chairman, had agreed to step down from the group’s supervisory board following discussions with Frasers, its largest shareholder. 

Frasers said it believed it was an “appropriate point in time for an orderly transition in the office of chairman” after recently gaining further control over the brand.

Find out more in The Times.

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