Here are the business stories making the headlines across Scotland and the UK this morning.
Aberdeen craft beer giant announces bar closure
Aberdeen brewery Fierce Beer has announced the closure of its Manchester bar, blaming the "spiralling costs" hitting businesses across the country.
In an announcement on social media, the company said: "We are incredibly sad to announce that after four amazing years, we have taken the very tough decision to close Fierce Bar Manchester.
"This is not the end for Fierce Beer south of the border though; we're continuing to keep an eye on the market and aim to get back as soon as we can with a new physical location. So keep your eyes peeled for updates in the future. Much love, Fierce Beer."
Hershey shares jump on Cadbury owner buyout report
Shares in US chocolate maker Hershey have jumped by more than 10% after a report that Mondelez International, which owns UK-based Cadbury, has approached the firm about a potential buyout.
A deal could create a snack food giant with combined sales of almost $50bn (£39.2bn) a year.
In 2016, Hershey rejected a $23bn takeover offer from Mondelez. The approach is still in the preliminary stages and it is not certain that talks will lead to a deal, according to Bloomberg.
Sky loses exclusive rights to hit TV shows in wake of Harry Potter row
Sky will no longer have exclusive rights to hit US TV shows such as Succession and House of the Dragon after a legal row with Warner Bros Discovery (WBD) over Harry Potter.
Sky said its existing agreement to carry shows made by WBD’s HBO brand will expire in early 2026, when the US media giant launches its Max streaming service in the UK and Ireland.
After that date, the ad-supported version of Max will be bundled into Sky and NOW subscriptions at no extra cost.
Canal+ to list in London after Vivendi break-up
The TV streaming and film production company behind the Paddington films is to list in London within days after shareholders overwhelmingly approved the break-up of its parent business Vivendi of France.
The Paris-based Canal+, which boasts 27 million pay TV customers worldwide as well as rights to the Ealing comedies and Carry On films, will be spun off from Vivendi and list next Monday in a move seen as a coup for London.
Shareholders in Vivendi voted by a majority of more than 97.5% to approve the four-way split of Vivendi in spite of concerns raised by some shareholders that the arrangement would tighten the grip of the controlling Bolloré family on the separated companies.
Read the full story here.