Canadian approached for BoE job
Mark Carney, governor of Canada’s central bank, has been informally approached to be a candidate to replace Sir Mervyn King as head of the Bank of England in June next year. One of the world’s most respected central bankers, Carney also heads the Financial Stability Board, which oversees global regulation. He was approached recently by a member of the BoE’s court, the largely non-executive body, that oversees its activities, according to three people involved in the process. Carney declined to comment.
O1 Properties eyes London IPO
One of Russia’s largest high-end office owners is set to list on the London Stock Exchange in the latest example of a European property company looking to diversify its financing. O1 Properties, which owns about $2bn-worth of offices in Moscow, will announce its plans today.
BTG allows investors to pull out
BTG Pactual has given retail investors five days to pull out of its high-profile listing next week after it emerged that the chief executive of the Brazilian investment bank had been fined by Italian regulators for insider trading.
Missing month in the China inquiry
Britain failed to press China over the death of Neil Heywood for nearly a month after it emerged that the businessman had died under mysterious circumstances, ministers admitted yesterday.
Romney tells Obama to start packing
An emboldened Mitt Romney has told President Obama to “start packing” in readiness to leave the White House. The comment came as a new opinion poll showed him moving slightly ahead of the President.
The Daily Telegraph
IKEA to sell TVs and sound systems
Flat-pack furniture took a leap into the future as IKEA announced it is pressing into the electronics market with a range of TVs and sound systems built into its units.
Move elected House of Lords to Manchester, says Lord Adonis
An elected House of Lords should move to Salford like the BBC to save taxpayers money, the former transport secretary Lord Adonis has said in a letter to The Spectator.
THE WALL STREET JOURNAL
Nestlé nears deal for Pfizer unit
Pfizer is close to selling its infant-nutrition business to Nestlé SA for at least $9bn, people familiar with the matter said.
Sky Deutschland seals German football rights
Sky Deutschland retained key rights yesterday for top matches of Germany's Bundesliga, but competition means the sum that Sky will pay to show matches is set to roughly double.