Centrica has named Iain Conn, head of BP's refining division, as its chief executive, one of the most politically sensitive jobs in British business.
Sky Deutschland AG (SKYD)'s second-largest shareholder said that British Sky Broadcasting Group Plc (BSY)'s offer to buy out investors is too low and it won't sell without a premium.
UBS said that it paid �300m to settle an investigation by authorities in Bochum into whether it helped German clients evade taxes, as it revealed better-than-expected second-quarter results.
The International Monetary Fund said Brazilian central bank President Alexandre Tombini shouldn't shore up the real as Latin America's largest economy stalls and inflation accelerates.
The well-known Gherkin building in London is up for sale to anyone that has more than 650 million pounds ($1.17 billion), according to the receivers and agents, Savills and Deloitte Real Estate.