Train drivers in Scotland could strike for the first time in 20 years after what unions described as a “derisory” pay offer from bosses at the new state-owned operator ScotRail.
Aberdeenshire-based Ace Winches expects to double to size of its business with a £5.2million expansion into Houston, Texas.
Here are the top business stories making the headlines in the morning newspapers.
Technology giant Apple could be facing a fine of nearly £30billion after the European Commission accused it of abusing its market position for contactless smartphone payments.
Energy giant BP this morning announced first-quarter losses totalling more than £16billion following its decision to exit its shareholding in Russia's Rosneft as a result of the country's invasion of Ukraine.
Business and government users on Twitter may need to pay a "slight" fee to stay on the social media platform, Tesla boss Elon Musk has said.
A UK Cabinet minister has accused energy-supply companies of overcharging customers on direct debits to shore up their own finances as millions of households struggle with the cost-of-living crisis.
Oil and gas giant BP has revealed it intends to invest up to £18billion in the UK's energy system by the end of 2030 – with many of the projects being Scottish.
Ineos has started a trial to transport hydrogen into the gas grid via a decommissioned pipeline in Scotland.
BrewDog boss James Watt has set out plans to give away shares worth £100million to the firm's staff.
The UK's offshore energy producers are expected to invest more than £200billion in the next few years to provide the nation with secure and increasingly low-carbon energy.
The Bank of England is expected to raise interest rates from 0.75% to 1% later today.