Oct 24 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

Headlines

- Addison Lee to be bought by Singapore-listed group in 269

mln pounds deal

- UK ministers explore using break clauses in asylum housing

contracts

- Arm cancels Qualcomm's ( QCOM ) chip design licence amid legal

dispute

- UK competition regulator to probe investment barriers

- Intesa Sanpaolo unveils plans to cut 9000 jobs

Overview

- Addison Lee, the UK-based private-hire taxi and courier

company, has agreed to be bought by Singapore-listed transport

conglomerate ComfortDelGro in a deal valuing the

business at 269.1 million pounds ($347.68 million).

- Britain ministers are keen to renegotiate terms or end the

contracts for asylum accommodation with outsourcers including

Serco ( SECCF ) and Mears as private companies made huge

profits.

- SoftBank owned Arm has told US chipmaker

Qualcomm ( QCOM ) it will cancel its chip design licence,

raising the stakes in an intellectual property dispute set to go

to trial in December.

- The Competition and Markets Authority, Britain's

competition watchdog, has launched a study into barriers to

investment in the UK, including how competition affects the

attractiveness of the UK as an investment destination.

- Intesa Sanpaolo, Italy's largest bank, announced

plans on Wednesday to axe almost 10 per cent of its workforce as

it aims to reduce costs and accelerate its digital

transformation.

($1 = 0.7740 pounds)

(Compiled by Bengaluru newsroom)