Here are the top business stories making the headlines in the morning newspapers.
Scotia Homes acquisition
Housebuilder Scotia Homes has taken over timber kit manufacturer Caledonia Homes "to take more control of our supply chain".
The Press and Journal says both firms have their headquarters in Ellon.
Scotia is majority owned by Camlin Group, a joint venture of property entrepreneurs Bruce Linton - the property entrepreneur behind Dundee-based James Keiller Holdings - and Inverness Caledonian Thistle Football Club director David Cameron.
Caledonia has been 100%-owned by Stuart Sutherland since 2004.
Mr Sutherland, 58, will stay on for a spell to see through current contracts before bowing out as he heads into early retirement.
The value of Scotia's takeover was undisclosed.
Caledonia, based in Castle Road Industrial Estate, will continue to operate as a separate subsidiary and under the same branding.
The firm's 19 employees are continuing in their roles as part of the wider group.
Petrol prices on the rise again
Petrol prices have started to rise again after more than three months of falls, dealing a fresh blow to household budgets.
Average pump prices have increased by almost half a penny a litre in recent days, according to figures from the AA, adding to the cost of filling up.
The Telegraph says pump prices averaged 162.32p a litre for petrol and 180.45p for diesel prior to this weekend, but rose to 162.78p and 182.17p respectively by Monday.
Luke Bodset, AA fuel price spokesman, said: "Not only is the rise in petrol prices a blow to UK drivers as domestic energy cost hikes now put the squeeze on family budgets, but petrol would normally be getting cheaper at this time of year after the US motoring season comes to an end."
The increase comes after Opec+ last week announced plans to cut output in a bid to prop up prices.,
Royal couple at Ballater event
King Charles was presented with a stained glass window featuring Balmoral during an emotional visit to Deeside yesterday.
The King and Queen Consort attended a special reception in Ballater to thank communities across Aberdeenshire for their kindness and support following the Queen's death last month.
The Press and Journal says they met some of the 550 people who played a vital part in organising the Queen's final journey through the north-east.
From the farmers and riders who lined up on tractors and horses to pay their final respects, to the emergency services and community groups who played a huge part in ensuring the smooth running of the cortege, Charles and Camilla made time to speak to all.
Among those waiting to greet the monarch was Keith artist Shona McInnes, who made a stained glass window depicting scenes from Balmoral.
The piece was commissioned by the Aberdeenshire Lieutenancy as a platinum jubilee gift for the Queen.
Lighting move by the Co-op
The Co-op is trialling reduced lighting in stores as a way of saving money as energy bills continue to soar.
The supermarket is rolling out dimmer lighting in around 500 of its 2,500 convenience stores across the UK.
The BBC says it is understood the cost-saving measures could reduce electricity bills by up to £4,000 a year for a single store.
It follows supermarket chains such as Sainsbury's and Morrisons making similar moves.
Co-op could potentially cut its energy bills by as much as £10million if similar savings were made across all of its stores.
Independence legal arguments continue in Supreme Court
A Supreme Court hearing on whether the Scottish Parliament can hold an independence referendum without Westminster's consent is to hear a second day of legal arguments today.
The Scottish Government wants to hold a vote in October next year, but UK ministers have refused to agree.
The BBC says the opposing sides are setting out their arguments to judges at a two-day session in London.
The court has said it could be several months before a ruling is announced.
Recession warning for US
The US is heading for recession, the chief executive of America's biggest bank has said as he warned of "a very, very serious" mix of headwinds.
Jamie Dimon, the head of JPMorgan, said that untamed inflation, rising interest rates and Russia's war in Ukraine are likely to tip the US into recession by the middle of next year.
He warned that all three issues remain persistent drags on the global economy, challenging the outlook for growth in the coming months.
The Telegraph says the Wall Street executive's comments come at a time of increasing market uncertainty, as the strong recent US jobs data was seen by many investors and traders as a fresh catalyst for the US Federal Reserve to take a more hawkish stance on inflation. Markets are now pricing in heftier interest rate rises in order to cool down the American economy.
Mr Dimon said the Fed "waited too long and did too little" as inflation jumped to a 40-year high over the past 18 months. However, he added that the central bank is "clearly catching up".
New record for women in work
More women are in work in Scotland than ever previously recorded, the latest employment figures show.
The Office for National Statistics labour market report shows the employment rate for women aged 16 to 64 was 74.9% - the highest level since these records began in 1992.
The BBC says Scotland's overall employment rate rose to 75.8% from June to August.
Employment Minister Richard Lochhead said Scotland's economy continued to show "resilience".
And Scottish Secretary Alister Jack said the figures showed the country's labour market "remains strong".
The employment rate was the joint second highest for the country since 1992 - along with the periods March to May 2019 and May to July 2017 - and higher than the overall UK rate of 75.5%.
Unemployment rose slightly to 3.3% from a record low of 3.1% reported last month, and the level of "economic inactivity" dropped 0.2% to 21.5% in the three months to August.
Frosties in short supply
A shortage of Kellogg's Frosties has been blamed on delays at the factory where the popular sugary cereal is made.
Packs of the breakfast flakes, which feature Tony the Tiger, have been disappearing from supermarket shelves.
Kellogg's said delays to packaging arriving at its factory in Trafford Park, Greater Manchester, had caused "stock challenges".
The BBC reports that the company said the problem had since been resolved.
A spokesman said: "We recently experienced some stock challenges due to short delays getting the packaging we needed to our factory to box up the product.
"This was quickly resolved and shelves should be restocked with Frosties by the end of the week."