Here are the stories making today's business headlines in Scotland and across the UK.
Traffic grows in Red Sea as more shipping firms risk delays and increased costs by diverting routes
Shipping companies have cautiously welcomed the announcement of a US-led multinational naval force to fend off Red Sea attacks, but are still re-routing vessels as the line of impacted crafts grows.
The world's second-largest shipping company, Maersk, said it's "very positive" to have joint efforts on maritime security, but it needs to see more detail and a quick response to avoid delays and spiralling costs.
Chief infrastructure officer Rabab Raafat Boulos said: "With the line of impacted vessels building fast in the area, progressing with speed will be key for the coalition in order to minimise direct negative impact on global trade."
On Tuesday morning, the firm announced it was re-routing vessels that had been paused in the Red Sea area through the Cape of Good Hope, South Africa - adding up to two weeks and increased costs to journeys.
MPs step up pressure on Dowden to intervene in UAE Telegraph bid
Pressure is mounting on the deputy prime minister to intervene on national security grounds in the Abu Dhabi-backed bid to buy the Telegraph newspapers.
Conservative MPs have demanded that Oliver Dowden use the National Security and Investment Act to investigate the United Arab Emirates’ takeover.
However, it is understood that the Cabinet Office is not expected to issue a call-in notice on the acquisition imminently, despite an American intervention in a UAE purchase of Fortress Investment Group, of the United States.
The Times has been told Dowden is “unforthcoming” on the demands issued by backbench MPs.
Superdry profit warning sends shares to record low
Superdry, the high street fashion retailer, has seen its market value hit a record low after it issued a profit warning.
The company's shares fell by as much as 32.5% after it reported a 13% decline in retail sales during the 26 weeks to 28 October.
Wholesale sales were down by 41.1% on the same period last year.
Superdry blamed the continuing cost of living crisis among shoppers and abnormally mild autumn weather, which resulted in a delayed uptake of its autumn and winter collection.
End of an era for electronics giant Toshiba
Once a poster boy for Japan's dominance in electronics - known as Japan Inc - the company has delisted, ending a 74-year history with Tokyo's stock exchange.
It all started in 2015 when accounting malpractices across multiple divisions came to light, with many of them involving top management.
For seven years, Toshiba had overstated its profit by $1.59bn (£1.25bn).
In 2020, Toshiba found further accounting irregularities.
There were also allegations related to corporate governance and the way in which shareholder decisions were made.