Here are the business stories making the headlines locally and across the country this morning.
Shell plans job cuts in offshore wind business
Shell is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector.
The British energy giant
is set to begin the layoffs within months, mainly in Europe, according to people familiar with the matter who requested not to be identified because the information is private.
“We are concentrating on select markets and segments to deliver the most value for our investors and customers,” a Shell spokesperson said.
“Shell is looking how it can continue to compete for offshore wind projects in priority markets while maintaining our focus on performance, discipline and simplification.”
Aberdeen shop and eye-catching mural on sale at offers over £365,000
A slice of Aberdeen art history is up for grabs after the family owners of lifestyle and equestrian specialist Country Ways decided to sell up and relocate.
The building – housing the shop, four upper floor flats and a small cottage – is on the market at offers over £365,000.
On the corner of Holburn Street and Willowbank Road, the property has become a familiar sight to many generations of Aberdonians because of its eye-catching displays.
Its gable end has been painted many times over the decades.
Donald Trump loses fight to keep his name off condoms
A businessman has won the right to use Donald Trump’s name on condoms after a legal battle over goods sold at the American former president’s Scottish golf resorts.
Frank Lindner tried to trademark the name “Trump” for a range of products including beers, wines and contraceptives.
However, Trump holds rights to his surname for services linked to his businesses at Turnberry in Ayrshire and Menie in Aberdeenshire and his representatives argued that the items Lindner had applied for were too similar to those sold at Trump Turnberry and at the Trump International Golf Links.
The dispute was heard
at the European Union Intellectual Property Office (EUIPO) in Spain.
London's Evening Standard to scrap daily print edition for weekly publication
London's Evening Standard is set to scrap its daily newspaper after almost 200 years, in favour of a weekly publication.
The newspaper, first published as The Standard in 1827 before the introduction of its evening edition in 1859, is currently circulated for free at underground stations around the capital from Monday to Friday.
But in an email to staff
- seen by the PA news agency - the paper's chairman Paul Kanareck said it had been making "substantial losses", prompting the need for a change.
The memo said fewer commuters travelling through London following the COVID pandemic, changing consumer behaviours, and the introduction of wifi on parts of the London Underground had affected the newspaper.