May 15 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Bitcoin's surge fuels fears of asset bubble
Tesco turns to solar in Paris climate accord pledge
Co-op Bank close to bolstering balance sheet
Deutsche Wohnen would not block new bid from rival
The high valuations for bitcoin have helped the value of
unregulated crypto currencies burst through $50 billion.
UK supermarket chain Tesco Plc said it will ramp up
its use of solar panels, in a pledge to cut its greenhouse gas
emissions in line with the toughest goals of the Paris climate
The Co-operative Bank is expected to announce that
it is in advanced talks with existing hedge fund investors about
injecting more capital to bolster its balance sheet.
Deutsche Wohnen's new chief financial officer said
that Germany's second largest listed landlord will not block a
bid from its rival, Vonovia, if the offer price was "adequate".
($1 = 113.1100 yen)
(Compiled by Bengaluru newsroom; Editing by Sandra Maler)