News

New UK pension regulator powers could hurt M&A

UK proposals to beef up the powers of the pensions regulator to make companies put more money into their schemes could threaten M&A deals and even make firms think twice about refinancing, pension consultants argue.

Barclays sees UK mortgage opportunity amid crunch

British bank Barclays sees tougher market conditions as a growth opportunity for its UK mortgage business and retail arm, thanks to growing deposits and lower costs, senior executives told analysts on Tuesday.

Mission to Seafarers' floating centre marks first anniversary

The Flying Angel - the world's first floating seafarers' centre owned and operated by The Mission to Seafarers - has welcomed over 3,000 seafarers onboard since entering full-time service in the port of Fujairah, Dubai on April 15, 2007.

Pope leaves Rome on visit to United States

Pope Benedict left Rome on Tuesday on a six-day trip to the United States, during which he will pray at Ground Zero in New York, address the United Nations and try to heal wounds from a sexual abuse scandal.

Carter courts controversy as he meets Hamas leaders

Former US President Jimmy Carter is to meet Hamas leaders this week in spite of criticism from both the US and Israeli Governments.

Care for the Family course to help break credit crunch gloom for young people

A new course from Care for the Family aims to boost the confidence of young adults amid the credit crunch and financial doom and gloom.

New rector for Diocese of Westminster seminary

Mgr Mark O'Toole has been appointed as the new Rector of Allen Hall, the seminary of the Diocese of Westminster.

Obama, Clinton face tough questions on God, Bible

Moderators of Sunday's faith forum spared the Democratic presidential candidates no mercy as they drilled them on difficult theological questions ranging from "Why does God allow people to suffer?" to "Do you believe that God created the world in six days?"

Sentamu to jump 12,500ft for Afghanistan parachute regiment

Archbishop John Sentamu will take a leap of faith next month when he throws himself from a plane 12,500ft in the air to raise money for a parachute regiment stationed in Afghanistan.

Needs of Kenyan refugees still great - Salvation Army

Media interest may have waned but the needs facing many of the Kenyan refugees who fled to Uganda to escape post-election violence are still great, report The Salvation Army's International Emergency Services team.

Berlusconi sweeps back to power in Italy election

Silvio Berlusconi has won his third Italian election with a bigger than expected swing to the centre right, but the media magnate said it would not be easy to solve deep economic problems.

Zimbabwe police set up checkpoints ahead of strike

Soldiers and police fanned out across Zimbabwe on Tuesday ahead of a general strike called by the opposition to pressure officials to release the results of a presidential election.

Bush releases $200 million in emergency food aid

President George W. Bush on Monday ordered the release of $200 million (100 million pounds) in U.S. emergency food aid to help alleviate food shortages in developing countries in Africa and elsewhere, the White House said.

Strong earthquake hits off Guatemala

A strong 6.1 magnitude earthquake struck off the Pacific coast of Guatemala on Monday, sending residents into the streets in panic but there were no immediate reports of major damage or injuries.

Israel snubs Carter, declines security help

Israeli leaders shunned former U.S. President Jimmy Carter during a visit because of his plans to meet Hamas and Israel's secret service declined to assist U.S. agents guarding him, U.S. sources said on Monday.

Up to 800 people checked after Spain radioactive leak

Up to 800 people are being examined for contamination after a leak of radioactive material at a nuclear plant in northeast Spain last November, the nuclear watchdog said on Monday.