Here are the top business stories making the headlines in the morning newspapers.
Growing Scottish start-ups
Scots business leaders need more confidence to build up companies to scale, according to the chair of the Scottish National Investment Bank.
Willie Watt told the BBC that the economic strategy has been more successful in encouraging people to start up businesses, which has been a weakness of the Scottish economy.
But he said only by growing those start-ups will Scotland tackle its weakness in productivity growth.
The financier was commenting on the publication of the first full-year set of accounts by the publicly-owned lender.
He said it had invested more than £129million in the year to March, in partnership with other investors bringing £440million to the deals. In the previous year, with only four months of operation, it invested £22million.
Mr Watt - was previously chief executive and chair of Martin Currie, the Edinburgh-based fund manager - said last year's investment total was less than he wanted, and that he hoped the public investment bank would get close to the £200million of Scottish Government funding allocated for investment this year.
Ministers are funding the investment bank with £2billion over 10 years, to invest in projects where private-sector investors are reluctant to commit funds without a public-sector partner taking a leading role.
Clarkson at BrewDog base
TV presenter and farm owner Jeremy Clarkson has made a visit to Brewdog's HQ in Ellon.
An Instagram post shared yesterday, shows the former Top Gear and Grand Tour presenter in a photo with BrewDog founder and chief executive James Watt, and co-founder Martin Dickie.
Mr Clarkson is holding a can of BrewDog's Lost lager.
The Press and Journal says he has run a farm between Chadlington and Chipping Norton in Oxfordshire since 2019 and also owns a shop and restaurant.
Mr Clarkson has gone into production making alcoholic drinks with Hawkstone using grain from his farm. He has also been making gin, which can be seen in the photo shared by Mr Dickie, as well as real ales and IPA.
Ethical and green goals rethink by companies
Chief executives are sidelining ethical and green goals as they focus on shoring up their businesses ahead of a potential recession.
Around half of bosses are planning on "pausing or reconsidering" their environmental, social and corporate governance (ESG) efforts in the next six months, according to a survey by KPMG.
The Telegraph says more than a third have already done so.
Most chief executives said ESG concerns were important, and pointed to greater demand from staff and investors for increased reporting and transparency around the issues.
But, with economic turmoil deepening, many will be forced to sideline ethical considerations as they instead redirect cash to revenue-generating parts of the business. More than eight out of 10 global chief executives surveyed expect a recession within the next 12 months.
Another Twitter U-turn by Musk
Billionaire Elon Musk has apparently changed his mind about buying Twitter, again, and is now willing to proceed with his £38billion takeover of the social media platform.
In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal.
The BBC says the surprise reversal comes just weeks before the two sides were due in court.
Twitter, which had sued Mr Musk to force the takeover to move forward, was seen as having the stronger case.
In the letter, attorneys for Mr Musk said he intended to move ahead to complete the transaction, pending receipt of the financing and an end of the legal fight.
The apparent win for Twitter sent its shares soaring more than 20%.
Big hydrogen pie up for grabs
Hydrogen UK has laid out its key asks of Government as it tries to ensure Britain "secures a slice" of the £2.2trillion hydrogen pie.
Launched at the Tory conference, the trade body's Hydrogen Accelerators provide a blueprint for the enhanced growth of the sector in the UK.
Energy Voice says the publication contains a set of recommendations from the 50 industry members, including Shell, BP and Hydrasun.
The Hydrogen Accelerators are focused on three key areas - production, networks and storage, and demand.
Amongst the specific asks are a call for all boilers sold from 2026 to be hydrogen ready, clarity on funding models and a commitment on hydrogen blending.
Greggs sausage rolls up again
Greggs has raised the price of its sausage rolls for the second time this year after the cost of ingredients increased more than expected.
The high street chain said from this week it will be selling its sausage rolls for £1.15 each, compared to £1.05 at the start of the year, and £1.10 in May.
The Telegraph reports that the company said it expects costs to be up by around 9% this year compared to last year, as ingredients, packaging and energy prices move higher.
Greggs said demand for its pastries and sandwiches remained buoyant, with sales up 15% over the past three months, in a sign that cost-of-living pressures were causing customers to turn away from pricier cafe chains and instead opt for value options. Shares in Greggs jumped 9.7%.
Caledonia offshore wind project moves ahead
Developer Ocean Winds has filed its first major submission for the Caledonia offshore wind project with Marine Scotland, outlining plans and its environmental approach.
Energy Voice says the offshore scoping report outlines the technologies under consideration for developing the site in the Moray Firth, which the developer secured in January as part of the ScotWind leasing process.