Europe

EUROPE - Sustained growth of the euro could jeopardise European economic, according to Eurochambres, the Association of European Chambers of Commerce and Industry.

UK - The government's decision to grant the pensions ombudsman eight extra staff will put future performance of the office under scrutiny, lawyers believe.

UK - Henderson Global Investors has appointed Eddy Hargreaves as head of company research.

UK - Corporate credit ratings could be used to gauge financial health when calculating the annual levy on schemes for the pension protection fund (PPF), pensions minister Malcolm Wicks said.

UK - Associated British Ports Group Pension Scheme has replaced Mercer Human Resource Consulting as its actuarial and investment consultant with Hewitt Bacon & Woodrow.

UK - Pensions funds are calling on BSkyB non-executive director Lord St John of Fawsley to do the "honourable thing and resign".

UK - Aegon, the Dutch financial services giant, has hired former journalist Adrian Cammidge as public affairs manager for its UK distribution business.

TURKEY/UK - HSBC has renewed its commitment to Turkey following yesterday's terrorist attack after putting its worldwide offices on a high state of security alert.

UK - Scottish Widows Investment Partnership and Isis Asset management are to launch "high performance" equity funds in response to scheme demands for better returns.

UK - British Airways is expected to increase member costs after revealing a £928m deficit in one of its final salary plans.