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  • Ex-Bank of England governor Mark Carney enters race to be Canadian PM

    Politics

    Former Bank of England governor Mark Carney has entered the race to replace Canadian prime minister Justin Trudeau. “I’m doing this because Canada is the best country in the world, but it could still be even better,” said Carney as he formally announced his bid in Alberta. The announcement came after months of speculation over [...]

    Former governor of the Bank of England, Mark Carney, takes a drink during the quarterly Inflation Report press conference at The Bank of England in London on November 3, 2016.(/ AFP / POOL / Kirsty Wigglesworth (Photo credit should read KIRSTY WIGGLESWORTH/AFP/Getty Images)
  • Segro backs down from Tritax bidding war amid asset buying spree

    Investing

    Segro has failed to up its offer for a takeover of Tritax Eurobox despite being outbid by Brookfield, leaving the latter victorious in the bidding war. Despite failing to successfully take over the real estate investment trust, Segro said today that it had bought about a third of Tritax Eurobox’s assets for 470m euros (£389m). [...]

    Segro has bought about a third of Tritax Eurobox's portfolio.

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