Pope warns of alienation risk in social networks

– Says virtual friends can't replace real ones  – Warns of parallel existence, depersonalisation, alienation  Pope Benedict gave a qualified blessing to social networking on Monday, praising its potential but warning that

Euro slides after hitting two-month high

Disappointing earnings from European blue-chip Philips knocked regional stocks back on Monday while the euro retreated after storming to a two-month high. Wall Street looked set for a lower opening. Emerging market