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.
Risk of more rain: UBS posted a 15 per cent increase in net income for the second quarter to 792 million Swiss francs (S$1 billion).
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.