Here are the business stories making the headlines across Scotland and the UK this morning.
Union Street clinic shuts after medical group ‘ceases trading’
Sk:n Clinic, which is part of the SKN health group, announced the closure of it Union Street clinic yesterday in an email to customers.
It is understood those with appointments at the Aberdeen clinic were unable to access the premises.
It’s entire workforce was also said to be made redundant with immediate effect.
Click here to read more in the Press & Journal.
Avanti West Coast talks over 'unacceptable performance'
The boss of train operating company Avanti West Coast was "summoned" to talks with the new transport secretary over the company's "unacceptable performance".
Louise Haigh demanded "immediate action" in a meeting with its managing director, Andy Mellors on Tuesday after figures showed its passengers faced some of the worst travel disruption in the country.
It was the first of a series of meetings with the worst performing train firms, with railway operator Network Rail also attending.
A spokesperson for Avanti, part of Aberdeen-based First Group, said the talks between Mr Mellors and Labour's transport secretary were "constructive".
China trade war fears wipe £260bn off world’s biggest companies
More than $338bn (£260bn) has been wiped off the value of the world’s richest companies amid fears that Joe Biden will launch a trade war against China.
The world’s three largest companies - Microsoft, Apple and Nvidia - all fell between 1% and 6.1% after trading began on Wall Street.
Technology stocks have plunged after reports that the Biden administration plans tighter import controls on companies that share chip-making technology with China.
The S&P 500 has dropped by 1.1%, while the tech-heavy Nasdaq Composite plunged by as much as 2.4%.
Click here to read more in the Telegraph.
First Covid inquiry report to show UK plan failures
The failures and weaknesses in the UK's pandemic preparations are expected to be laid out in the first report published by the Covid inquiry.
Baroness Hallett, who is chairing the public inquiry, will set out her findings at lunchtime.
Her report will cover the state of the healthcare system, stockpiles of personal protective equipment (PPE) and the planning that was in place.
It is the first of at least nine reports covering everything from political decision-making to vaccines and the impact on children.
Click here to read more on the BBC news website.