Here are the top business stories making the headlines in the morning newspapers.
News awaited on Scottish recycling project
There has been no announcement yet from the Scottish Government on its controversial recycling project.
A Scottish cabinet decision on whether to go ahead had been expected yesterday.
UK ministers have rejected Humza Yousaf's request for them to rethink their decision to exclude glass from Scotland's deposit-return scheme.
The first minister wrote to Prime Minister Rishi Sunak warning that the initiative would be in "grave danger" without glass included.
But the UK Government has replied, saying it had given the Scottish Government a "practical solution to proceed" with cans and plastic bottles only.
Aberdeen council clampdown
Tributes to lost loved ones will be removed from Aberdeen’s parks as part of a council clampdown.
The Press & Journal says strict new rules will stop visitors from leaving behind memorials including plaques, vases, ornaments and plastic flowers.
The city council says items have always been removed, but they’re tightening regulations due to an increasing number of tributes piling up across the city.
New Labour leader
Aberdeen Labour has a new leader – with M. Tauqeer Malik the third in six months.
The Press & Journal says the Lower Deeside councillor was chosen unopposed to lead the city council’s largest opposition group.
He replaces former lord provost Barney Crockett, who himself deposed Sandra Macdonald in December.
Shell has some adverts banned
Oil and gas giant Shell has had some of its adverts banned for misleading claims about how clean its overall energy production is.
The ban applies to one TV advert, a poster displayed in Bristol and a YouTube ad - all shown in 2022.
The BBC says the Advertising Standards Authority (ASA) ruled they all left out information on Shell's more-polluting work with fossil fuels.
Shell said it "strongly" disagreed with the ASA's findings.
Ultimatum from cyber crime gang
A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.
The BBC reports that the Clop group posted a notice on the dark web warning those affected by the MOVEit hack to e-mail them before June 14 or stolen data will be published.
More than 100,000 staff at the BBC, British Airways and Boots have been told payroll data may have been taken.
Surprise golf-merger
The PGA Tour and DP World Tour have agreed to merge with Saudi Arabian-backed circuit LIV Golf in a deal that ends the acrimonious split in the game.
The surprise announcement comes after a year of unprecedented disruption in the men's game following the launch of LIV.
It means pending litigation between the tours will be halted and they will move forward as part of the same enterprise.
"This is a stunning development," said the BBC golf correspondent Iain Carter.
"The PGA and DP World Tours were sworn enemies of the LIV circuit, which had poached some of their best players. They viewed the breakaway tour as an existential threat and entered into bitter and expensive legal action."
Claims that Telegraph could be sold
The billionaire owners of the Telegraph newspapers say their businesses are in good shape following claims they are on the cusp of receivership.
The BBC understands Lloyds Banking Group wants to recover debts from loans made to the Barclay brothers' family.
There are reports the Telegraph and Spectator titles could be sold within days.
The family said "speculation about the business entering administration is unfounded and irresponsible".
Big payout for Sainsbury’s boss
Sainsbury's boss was paid nearly £5million in cash and shares last year despite a drop in profits at the supermarket.
Simon Roberts' annual pay package is 229 times more than the average worker at the retail chain.
The BBC says the bulk of Mr Robert's package is made up of a £1.7million bonus and £2.2million in share awards.
SSE breaches generation licence
Energy giant SSE is to pay £9.8million for breaching its generation licence, the industry regulator has announced.
Ofgem said the Perth-based company overcharged the National Grid Electricity System Operator during a time of "transmission constraint".
The BBC says this is when operators are paid to drop output if there is not enough network capacity to take power out of an area where generation outstrips demand.
Ofgem said there was no evidence that SSE's actions were deliberate.
CBI confidence vote
The CBI has won a key confidence vote over its future after members overwhelmingly backed the lobby group following a series of scandals.
The CBI said that 93% of the 371 members who voted backed its plans to reform the organisation.
Rain Newton-Smith, its new director general, said the result is "a really strong mandate from our members".
However, the BBC says some companies such as engineering giant Rolls-Royce said their memberships remain suspended.
US regulators sue Coinbase
Coinbase, one of the world’s largest cryptocurrency exchanges, has been sued by US regulators a day after the Securities and Exchange Commission (SEC) alleged Binance and its founder had broken trading laws.
The Telegraph says the SEC has accused Coinbase of illegally operating without having first registered with the regulator, a legal requirement for companies trading securities in America.