Here are the top business stories making the headlines in the morning newspapers.
Brighter future predicted for Ferguson
The new boss of Ferguson shipyard has predicted a brighter future after years of controversy over the delayed construction of two CalMac ferries.
MV Glen Sannox returned to the Port Glasgow shipyard on Tuesday after three weeks of major work in dry dock.
The ship and another ferry are five years late, which has compounded problems for the ageing Calmac fleet.
Ferguson Marine chief executive David Tydeman said he was confident both ships would be delivered next year.
The BBC says the two large ferries were originally due to be delivered to CalMac in 2018, but the build has been plagued by delays and cost overruns.
First direct container service between China and Scotland
KC Group Shipping has announced the launch of the first direct container service between China and Scotland.
It is a partnership between KC Group's KC Liner Agencies division, DKT Allseas and China Xpress.
Glasgow Chamber of Commerce reports that the maiden voyage arrived in Greenock last month.
There will be three sailings per month, both east and west bound.
KC Group Shipping managing director David Milne said: "The new service is one of the most significant developments in Scotland's shipping industry for many years. We've analysed the marketplace and listened to our customers, and there is no doubt that the service will bring much-needed efficiencies to their supply chains."
The direct sailings will reduce the transit times by up to two weeks compared with transit times via European mainland and southern UK base ports.
Italian exit for Domino's Pizza
Domino's Pizza's last stores in Italy have been closed after the firm that operated its outlets in the country filed for bankruptcy, it has emerged.
Master franchise holder ePizza SpA said it was impacted by the pandemic, bankruptcy documents show.
Domino's had struggled to win over customers in the birthplace of pizza since launching there in 2015.
The BBC says news of the fast-food giant's exit from the country was celebrated by some social media users.
UK Government submits referendum argument
The UK Government has submitted its argument in a case that could allow the Scottish Parliament to legislate for another independence referendum.
The submission from the Advocate General comes ahead of a full hearing on the case in October.
UK law officers argue the constitution is reserved to Westminster.
Last month, the Scottish Government published its case, arguing the referendum is "advisory" and would have no legal effect on the union.
The BBC says the hearing will take place in London on October 11 and 12, when arguments will be heard.
Royal Mail workers strike
More than 100,000 Royal Mail workers are to strike on four days in August and September in a dispute over pay.
The Communication Workers Union said workers would walk out on August 26 and 31 and September 8 and 9.
The move comes as Royal Mail said the union had rejected a pay rise offer "worth up to 5.5%" after three months of talks.
Union bosses the action was "for a proper pay rise" and said the strikes would be the biggest this summer.
The BBC says the union has demanded that Royal Mail increases wages to an amount that "covers the current cost of living".
Inflation, which is the rate at which prices rise, is at a 40-year high of 9.4% and is expected the peak at 13% later this year.
Fears of losing technological edge to China
US President Joe Biden has signed a law committing £232billion to high-tech manufacturing and scientific research amid fears the country is losing its technological edge to China.
The investments include tax breaks for companies who build computer-chip manufacturing plants in the US.
Business groups have long pushed for more government support, citing the need to reduce reliance on China.
A global shortage of microchips increased the urgency of their calls.
Top Senate Democrat Chuck Schumer said the bill was a "game changer" that would ensure American leadership and prosperity in the next century.
The BBC says the US currently produces roughly 10% of the global supply of semiconductors, which are key to everything from cars to mobile phones, down from nearly 40% in 1990.