A rogue trader who lost £1.4bn in bad deals that nearly brought down Swiss bank UBS has been jailed for seven years for fraud.

City trader Kweku Adoboli, who lost £1.4bn of Swiss bank UBS's money, has been found guilty of one count of fraud and faces five other charges.

Egyptian President Mohammed Mursi says he expects Israel air strikes in Gaza to end later on Tuesday, as Cairo tries to secure a truce.

The Anglican Church of Southern Africa consecrates the first woman bishop in Africa, as the Church of England is due to vote on the issue of female bishops.