| Nokia appoints Microsoft's Stephen Elop as replacement for chief executive Olli-Pekka Kallasvuo Nokia, the Finnish telecoms giant, has named senior Microsoft executive, Stephen Elop, as its new chief executive and president, replacing Olli-Pekka Kallasvuo. telegraph.co.uk |
BAE considers $2bn sale of its US assets BAE Systems has reportedly put part of its North American commercial aerospace business up for sale for as much as $2bn (£1.3bn) as it looks to restructure in the face of imminent defence cuts. telegraph.co.uk |
French finance minister calls for currency ‘peace’ French Finance Minister Christine Lagarde says she wants to talk about “peace not war†as world finance ministers and central bankers meet in Washington against a backdrop of beggar-thy-neighbor policies. feeds.marketwatch.com |
Consumers 'could suffer' as quango is axed and Office of Fair Trading merged Consumers could have less power to challenge big companies because the body set up to represent them will be scrapped in a shake-up of quangos, it is reported. telegraph.co.uk |
Pfizer signs $3.6bn deal for pain-focused King Pharmaceuticals Pfizer agrees a $3.6bn (£2.3bn) deal to buy King Pharmaceuticals to boost its position in the lucrative pain-relief market. telegraph.co.uk |