Here are the business stories making the headlines locally and across the country this morning.
BBC ‘in talks’ to air new factual drama series on Piper Alpha disaster
The BBC are reportedly working on a new factual drama series based on the Piper Alpha disaster.
The 1988 oil rig catastrophe, which occurred just off the coast of the North Sea, claimed the lives of 167 workers.
The drama comes 36 years after the incident, and is set to tell the story of the the rig’s final days.
The platform accounted for 10% of Aberdeen’s oil and gas production at the time.
Alert over potentially deadly counterfeit vodka
The public are being warned about fake bottles of Glen’s Vodka which have been found to contain an industrial solvent that can cause death in severe cases.
The Food Standards Agency (FSA) said some 35cl counterfeit bottles have been found to contain isopropyl alcohol, which is not intended for human consumption.
The fake vodka may have a strange smell and taste differently to genuine vodka, the FSA warned.
It comes a day after Food Standards Scotland, external (FSS) warned that fake Glen's Vodka had been found in local convenience stores in Glasgow and Lanarkshire.
Volvo abandons plan to sell only electric cars by 2030
Volvo, the Swedish car marque renowned for its environmental commitment, has scrapped plans to sell only fully electric cars by 2030 in the latest sign of a global slowdown in growth for battery-powered vehicles.
Another of Europe’s leading car makers, Germany’s Volkswagen, has indicated it could shed thousands of jobs because of expected lower demand in a market disrupted by political and regulatory diktats on zero-emission vehicles.
Volvo, owned by Geely of China, has been in the vanguard of the electric revolution, stating as long ago as 2017 that by the middle of the current decade it would be building only all-electric or petrol-electric hybrids.
In 2021 it went further, stating that it would be electric-only by 2030.
Sell-off erases Trump Media shares' 2024 gains
Donald Trump's media company was hit by a fresh round of selling on Wednesday, wiping out gains the share price had enjoyed this year alongside the rising political fortunes of its namesake.
Shares fell more than 6% to less than $17, which is less than what they were worth at the start of 2024.
The share price, which hit a peak in April during the former president's criminal trial, has fallen more than 70% from its high.
The firm, operator of the social media platform Truth Social, still boasts a market value of more than $3.3bn - a hefty sum for a small company with shrinking revenue and growing losses.