Here are the top business stories making the headlines in the morning newspapers.
Possible partial divestment of Babcock UK operation in Aberdeen
Helicopter operator CHC has grudgingly suggested a partial divestment of the Babcock UK business in Aberdeen to get over competition hurdles, according to Energy Voice.
Last month, the Competition and Markets Authority (CMA) said that the proposed takeover of Babcock Aviation by CHC would lead to a "significant loss" of competition in the UK North Sea.
The watchdog told CHC to come back with remedies ahead of it making a final decision which is due next month.
To meet the CMA's concerns, and ensure there remains four operators in the UK sector, CHC has suggested divestment of an Aberdeen hangar, air operator certificates and even the sale of "one or two" contracts in the UK.
CHC said it has had interest from third parties "all of whom appear to have a genuine interest" in entering the UK oil and gas helicopter market to buy part of the Babcock business.
However, the firm made clear that it considered the CMA to be incorrect and that its takeover of Babcock will not lead to a loss of competition.
Prime Minister has 'no problem' with National Insurance hike
Boris Johnson has "absolutely no problem" with raising National Insurance (NI) to tackle the NHS' post-pandemic backlog.
The Prime Minister said it was "unquestionably the right thing for our country" as the health service was the "biggest priority" for people.
But the BBC states that Labour's Sir Keir Starmer said it was "the wrong tax at the wrong time".
The NI hike came into force on Wednesday and is expected to raise £39billion over the next three years.
Carbon capture is top of the agenda for Peterhead Port Authority
Fishing has been the lifeblood of Peterhead for 400 years - and that's not about to change any time soon.
But the area's "narrative is changing", according to port bosses, as the town gears up for an energy transition boom.
"Fishing is definitely our heritage, it's very much part of our future," said Peterhead Port Authority chief executive Simon Brebner.
"But, as we progress with the energy transition, these are the new areas we need to invest in and secure the future."
Energy Voice says Carbon capture, utilisation and storage (CCUS) is number one on the agenda for the port authority.
'Zuck Buck' could be on the way from Facebook
Facebook is planning to introduce virtual tokens and loans as it seeks new revenue streams amid fierce competition from other social media platforms, reports the Telegraph.
Parent group Meta, which had hopes to launch a cryptocurrency dashed by regulatory setbacks, has suffered an exodus of users from its platforms Facebook and Instagram, whose business model is based on adverts.
Meta Financial Technologies, the tech giant's financial unit, is now said to be mulling a virtual currency for the metaverse that staff have nicknamed "Zuck Buck"'.
It is understood this would not be a cryptocurrency, but rather a system of in-app tokens controlled by Meta.
The company is also considering rewards for users who contribute meaningfully on the platforms, for instance on Facebook groups, in the form of "social tokens" or "reputation tokens".
Similarly, influencers on Instagram could be given "creator coins".
Orsted takes 80% stake in floating wind project
Danish power company Orsted will take a majority stake in the Salamander floating wind project off the Aberdeenshire coast.
Energy Voice says Orsted will own an 80% share of the 100 MW scheme as part of a joint venture partnership with Irish developer Simply Blue Group and minority partner Subsea 7.
The proposed project, described as a "stepping-stone" for development of floating wind technology, is designed to provide the Scottish supply chain with early capacity opportunities before the development of larger ScotWind projects kicks off.
By using new technology, the developers say the scheme will help support the cost reduction and learning journey needed for wider commercial deployment of floating offshore wind.