Here are the business stories making the headlines across Scotland and the UK this morning.
North-east MP Andrew Bowie gets Shadow Scottish Secretary role
North-east MP Andrew Bowie has been appointed shadow secretary of state for Scotland by new Tory leader Kemi Badenoch.
The MP for West Aberdeenshire and Kincardine replaces Borders MP John Lamont who was sacked after backing Robert Jenrick in the leadership race.
Mr Bowie threw his support behind Ms Badenoch and was rewarded with the role, as well as retaining his position as shadow energy minister.
Click here to read the full story.
Aberdeen business chief says zero-hour contract shake-up will ‘weed out rogue employers’
An Aberdeen hospitality chief has said the UK government crackdown on zero-hour contracts will help weed out rogue employers.
Allan Henderson, head of McGinty’s Group, says of his 250 staff, just a few have used zero-hour contracts and that has been at their request.
The plan to torpedo ‘exploitative zero-hours contracts’ is one of Labour’s flagship policies.
Read the full story in the P&J.
Primark considers investing outside UK due to Budget
Primark owner Associated British Foods (ABF) has said the recent Budget may lead it to invest more outside the UK over fears the High Street will bear the "weight of tax rises".
George Weston, chief executive of ABF, said: "We’re an international business as well, we have choices about where we will invest."
It comes as the owner of the fast fashion brand reported a 43% rise in profits before tax, reaching £1.9bn over the year to 14 September.
Flat flavours and plain packaging as vape laws come into force
Most flavoured vapes face a ban and e-cigarettes are set to be restricted to tobacco-style plain packaging under tougher new laws introduced on Tuesday.
Shops will require a licence to sell both vapes and tobacco under new powers designed to stop children getting hooked on nicotine.
All advertising for vapes will be banned and sponsorship of football and other sports will end, under a law that brings the rules for promoting e-cigarettes into line with those for tobacco.
Read the full story here.
Dollar surges as Trump takes key states
The dollar rocketed higher at its fastest pace in nearly two years as Donald Trump won key states and appeared to be on the path to victory in the US presidential election.
The US currency surged by 1.3pc against the pound, which is worth $1.287, its lowest level in two months, as investors bet that the Republican candidate will return to the White House.
In the debt market, government borrowing costs surged. Treasury yields shot to four-month highs as some betting sites heavily favoured Trump after he won the battlegrounds of North Carolina and Georgia.