Canada’s Carney Chosen to Replace King as BOE Head

Nov. 26 (Bloomberg) -- Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King on July 1. U.K. Chancellor of the Exchequer George Osborne made the announcement today in Parliament. Bloomberg Television's Guy Johnson and Manus Cranny report. Jens Larsen, chief European economist at RBC Capital Markets, also comments. (Source: Bloomberg)
Oil Seen Falling to $40 Over Short Term, Schnider Says
07:15 - Dominic Schnider, head of commodities and Asia-Pacific forex at UBS Wealth Management, talks about why oil, gold and grains may be heading lower. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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