Jan 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
The Times
- Germany’s EnBW EBKG.DE said on Thursday it was pulling out of the Morgan and Mona projects and taking a 1.2 billion euros ($1.39 billion) impairment charge, after failing to secure subsidy contracts from the government in an auction that concluded on Wednesday.
The Guardian
- U.S. President Donald Trump on Wednesday imposed a 25% tariff on certain AI chips, such as the Nvidia NVDA.O H200 AI processor and a similar semiconductor from AMD AMD.O called the MI325X, under a new national security order released by the White House.
The Telegraph
- Supermarket chain Asda has put more than 150 jobs at risk of redundancy after trading collapsed over Christmas, plunging its share of Britain’s grocery market to a new low.
- Goldman Sachs GS.N traders are eyeing a push into the world of gambling on prediction markets. David Solomon, the bank’s chief executive, said he had met with the bosses of major prediction markets in recent weeks and wanted to understand the opportunities on offer.
Sky News
- The petrol forecourts giant founded in Blackburn by brothers Mohsin and Zuber Issa, about 25% of which is owned by each of the brothers, will next week kick off formal plans for a $9bn U.S. stock market listing.
The Independent
- The owner of fitness booking app ClassPass and gym tech brand EGYM are set to merge in a deal valuing the combined business at $7.5 billion and backed by Donald Trump’s son-in-law.
($1 = 0.8618 euros)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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