Here are the top business stories making the headlines in the morning newspapers.
Jobs boost from new Portlethen centre
Up to 60 jobs are being created in the north-east as part of a multi-million-pound project to play a pivotal role in Scotland's deposit return scheme (DRS).
Biffa is investing £7.7million to transform a former engineering depot on the Badentoy Industrial Estate in Portlethen into a recycling centre.
The site is part of a network of Biffa-run facilities across Scotland that will count, sort and bale billions of drinks containers collected through the scheme each year by the waste-management company.
The material will then be sold to be recycled back into new bottles and cans.
The Press and Journal says work on the site started earlier this month, with equipment due to be installed from April.
Aberdeen Harbour eyes fresh oil-sector opportunities
Cruise liners aren't the only huge vessels that port bosses want to see berthed in Aberdeen Harbour in the near-future.
Huge jack-up oil rigs and North Sea oil and gas production vessels are on the horizon for the £400million Aberdeen South Harbour, which could be used for project and maintenance work.
The Press and Journal says jack-up rigs like the Rowan Gorilla 7, which came to Dundee in 2020, can be over 600ft tall.
Lords reject plans to clamp down on protest marches
The House of Lords has overturned plans to clamp down on protest marches that cause too much disruption.
The UK Government had proposed giving police powers to stop protesters using tactics such as blocking roads and slow marching before disruption takes place.
The BBC says critics had described proposals as an attack on the right to protest.
Peers removed the plans from the Public Order Bill on Tuesday. Ministers cannot re-add the policy when the bill returns to the House of Commons.
The bill was introduced to crack down on disruptive protests south of the border by groups such as environmental activists Just Stop Oil, Insulate Britain and Extinction Rebellion, which have used tactics including blocking roads.
MPs question boss Sharp
The BBC chairman has denied that he helped arrange a loan for Boris Johnson when he was prime minister.
Richard Sharp was questioned by MPs over his role in loan talks involving Mr Johnson, which came before the then-PM nominated him to chair the BBC board.
The government has previously said Mr Sharp was appointed on merit.
He told the House of Commons Digital, Culture, Media and Sport Committee on Tuesday he had not given Mr Johnson financial advice.
The BBC reports that MPs robustly questioned Mr Sharp, with one telling him she could not understand why he had not been "open and transparent" about his involvement in the loan discussions during his appointment process.
Profits ahead at Scotia Homes
Scotia Homes has highlighted a "strong level "of forward sales cushioning the blow of a depressed market amid the cost-of-living crisis.
The Press and Journal says the north-east housebuilder was monitoring the changing economic landscape.
High inflation and spiralling mortgage rates have heaped further pressure on households, many of which were already struggling to keep up with soaring energy bills.
Scotia chairman Gary Gerrard said: "The housebuilding sector has undoubtedly become more challenging since the year-end.
"A combination of high cost inflation and weaker demand due to the cost-of-living squeeze and increasing mortgage rates has depressed inquiry rates.
"The board continues to monitor the situation closely and is using incentives such as part-exchange, assisted sale and mortgage subsidy to support sales levels."
He added: "The group has a strong level of forward sales and we remain confident demand for our high-quality homes in desirable locations will be sustained, notwithstanding the difficult macro-economic situation.
Mr Gerrard was speaking as Scotia, based in Ellon, announced a jump in pre-tax profits to £3.9million - from around £3.5million a year earlier - during the 12 months to last June.
Scotia said turnover of £40.1million in the latest period was 21% ahead of the previous financial year as the business "continued its strong recovery from the impact of the Covid-19 pandemic".
Bank bosses defend savings interest rates
Savers have access to a host of competitive savings deals, bank bosses have argued.
The chief executives of four of the biggest banks in the UK were hauled before MPs who questioned the generosity of their savings rates.
The UK chief executives of Lloyds, NatWest, HSBC and Barclays said deals had improved as savers shopped around.
They also said that branch closures were a response to consumers' changing habits.
The Bank of England's benchmark interest rate was at historically-low levels for a decade until December 2021, since when it has risen consistently. It is now at 4%, having risen from 0.1%.
MPs on the Treasury Committee said their constituents complained that mortgage rates rose more rapidly than the returns offered to savers when the base rate went up.
The BBC says the quartet of bank bosses argued that this debate incorrectly centred on the interest rate offered on easy-access savings accounts, which typically have a return of less than 1%.
They argued that regular saver deals offered market-leading rates of interest, and that instant-access products were often a "gateway" to higher interest deals.
Jobs go at Boeing
Plane maker Boeing plans to cut about 2,000 jobs in finance and human resources this year, as it focuses on engineering and manufacturing.
The move comes as the company puts more of its resources into products, services and technology development.
It will outsource some of the roles to Tata Consulting Services, a unit of one of India's largest conglomerates.
However, the BBC says Boeing stated it will continue to increase its headcount with a focus on engineering and manufacturing.
On top of the 15,000 people it hired in 2022, the company said it aims to recruit another 10,000 this year.
Zoom says 1,300 posts to be axed
A video conferencing company that became a household name when remote work spiked during the Covid pandemic, is laying off 1,300 staff.
The move by Zoom affects about 15% of its workforce, which has seen user growth slow and profits fall recently.
Boss Eric Yuan said he and other leaders would also take big pay cuts, as the company focuses on making sure it can weather the slowdown.
The BBC says Zoom is joining a large number of other tech firms making similar adjustments.
More than 300 tech firms have laid off nearly 100,000 workers globally since the start of the year.
Handwritten lyrics for famous song fetch £57,000
David Bowie's handwritten lyrics for his track The Jean Genie have been sold for £57,000 at auction.
The singer, who died in 2016, gave the sheet to the founder of the inaugural David Bowie Fan Club in the 1970s.
The song, taken from the Aladdin Sane album, was released as a single in 1972 and reached No.2 in the UK charts.
Omega Auctions' Dan Hampson said the owner had decided to part with them after seeing Bowie's lyrics for his hit Starman sell for £203,500 in 2022.
The BBC says the lyric sheet for The Jean Genie comprised of 18 lines on a piece of A4 lined paper, which was titled, signed and dated by Bowie.