British Business - March 10

March 10 (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

- Stagecoach Group Plc SGC.L on Wednesday reversed its decision to merge with National Express Group Plc NEX.L and instead agreed to a takeover by DWS Infrastructure, a German fund manager. Link

- 888 Holdings 888.L , the gambling company in the final throes of acquiring William Hill, is pressing ahead with plans to part-fund the 2.2 billion pound ($2.90 billion) deal with a 500 million pound equity raise. Link

The Guardian

- Yum Brands Inc YUM.N , the owner of KFC and Pizza Hut, along with Mothercare MTC.L , Heineken HEIN.AS and Universal Music Group UMG.AS , on Wednesday became the latest companies to pause business in Russia in response to its invasion of Ukraine. Link

- British American Tobacco BATS.L on Wednesday said it will continue selling cigarettes in Russia, defying a gathering movement among global brands to halt operations there in response to the invasion of Ukraine. Link

The Telegraph

- The International Monetary Fund on Wednesday approved $1.4 billion in emergency financing for Ukraine to help the country deal with the "massive humanitarian and economic crisis" caused by Russia's invasion. Link

- Waitrose on Wednesday said it will stop selling disposable barbecues to help reduce harm to the environment. Link

Sky News

- Xavier Rolet, the former London Stock Exchange LSEG.L chief, is close to resigning from his role at the helm of PhosAgro PHOR.MM , a Moscow-based fertiliser producer. Link

- The two British board members on Huawei UK's board of directors, Andrew Cahn and Ken Olisa, resigned on Wednesday after the Chinese company failed to condemn Russia's invasion of Ukraine. Link

The Independent

- The UK government has been warned Britons could be "inadvertently funding" the war in Ukraine by paying their gas bills amid concerns fossil fuel profits could be driving Russian military action. Link

($1 = 0.7596 pounds) (Compiled by Bengaluru newsroom)

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