May 19 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
PFIZER MAKES "FINAL" 69 BLN STG OFFER FOR ASTRAZENECA
DEUTSCHE BANK TO RAISE 8 BLN EUROS FROM INVESTORS
BT ACTS ON CUSTOMER CONCERNS WITH INVESTMENT IN BROADBAND
RBS TO WIND DOWN SWAPS CLEARING UNIT
SWISS REJECT HIGHEST MINIMUM WAGE IN WORLD
U.S. drugmaker Pfizer said on Sunday it had raised
its offer for AstraZeneca to 69 billion pounds ($116.12
billion), and vowed to would walk away if the British rival did
not accept it.
Frankfurt-based Deutsche Bank launched plans to
raise 8 billion euros ($11 billion) in new capital with the
Qatari royal family a major new investor, in a bid by Germany's
largest bank to end questions about its capital strength.
BT Group Plc plans to hire 1,600 engineers for
installations and repair of its fibre networks across Britain in
a bid to adhere to stricter targets for telephone and broadband
Royal Bank of Scotland said on Sunday it is winding
down its interest-rate trading business as capital and operating
Swiss voters on Sunday rejected proposals to introduce the
world's highest minimum wage, bringing relief to business
leaders worried the measure would have hurt competitiveness and
damaged the Swiss workplace.
($1 = 0.5942 British Pounds)
(Compiled by Aashika Jain in Bangalore)