PRESS DIGEST-British Business - April 10

April 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

- HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its once globe-spanning empire to focus on Asia.

- British clothing retailer Next and fashion group Frasers have expressed an interest in buying fashion group Ted Baker's European retail division.

The Guardian

- The Sun lost 66 million pounds($83.64 million) last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.

The Telegraph

- The EU will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, in the bloc's latest move to shield domestic firms from cheap clean tech products.

- Lionel Desclée, the chief executive of Very Group, has quit after less than two years in the job, as lenders circle the Barclay family's retail empire.

Sky News

- CVC Capital Partners is considering unveiling plans for its third attempt to go public in the Netherlands within the next fortnight, even as fresh signs of market volatility cast doubt on the prospective timetable.

The Independent

- Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup focuses on its home market India, where it is locked in a battle for market share with Uber.

($1 = 0.7891 pounds) (Compiled by Bengaluru newsroom)