May 16 (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
- UBS chief Sergio Ermotti criticises Swiss regulators over
Credit Suisse
- Eurostar plans up to 50 new trains and more services to
tap 'huge' demand
- Glencore ( GLCNF ) chief backs South Africa as Anglo takeover battle
rages
- Axing northern leg of HS2 will stunt UK growth, says
official adviser
Overview
- UBS's CEO lamented the perception that the lender
is too big for Switzerland and pushed back against the need for
tougher regulation at an event held at the University of Zurich
on Wednesday.
- Eurostar plans to buy up to 50 new trains and is
considering launching more international routes from London to
take advantage of "huge demand" for rail travel across Europe.
- Glencore ( GLCNF ) chief executive Gary Nagle issued a
robust defence of South Africa's mining sector as speculation
continued that the Swiss commodity house could yet mount a rival
bid for all or part of Anglo American.
- Axing the northern leg of High Speed 2 will stunt growth
in Britain's biggest regional cities unless alternative rail
capacity is built, the government's top infrastructure adviser
has warned, as it forecast soaring demand on the route over the
next two decades.
(Compiled by Bengaluru newsroom)