Here are the business stories making the headlines across Scotland and the UK this morning.
Trip drink ad banned over claim it makes you calm
An advert by Trip drinks has been banned for making unauthorised claims it can "help you feel calm".
The ad for the drink, which includes cucumber, mint and magnesium also claimed it could help or reduce stress and anxiety. This was not in line with rules on marketing food or drink ingredients as having health benefits, the advertising watchdog's investigation found.
Trip said it had removed the claims while it awaited external advice but hoped to be in a position to make the claims in the future.
Labubu firm sees profit soaring by at least 350%
Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months of this year.
The Beijing-based company said, external it expects profits for the period to jump by at least 350% as revenues more than tripled.
Pop Mart, which has a stock market value of more than $40billion (£31.6bn), also said profitability had been boosted by increased recognition of the brand globally and cost controls.
Click here to read more.
Bank of England chief attacks ‘dangerous’ Trump tariff war
Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade imbalances without hammering growth.
On Tuesday, the Bank of England Governor warned Donald Trump not to use tariffs on imports as a way to tackle America’s trade deficit, and instead called on the US, China and others to fix their own economies first before targeting trade partners overseas.
His warning comes after the 90-day pause on the so-called “liberation day” tariffs came to an end, leaving countries without their own trade deal facing a sharp rise in taxes on goods sold into America.
Read the full story in The Telegraph.