Thursday Papers: IMF sees 'green shoots' of recovery for global economy -- other news

* Dow improves 15 points, Nasdaq gains seven points, but S&P eases a point

* G8 leaders fail to agree economic boost strategy and believe risks remain for global economy; nations agree to steeper cuts in greenhouse gas emissions

* IMF believes world economy is starting to pull out of recession making up its growth forecasts for next year and hinting that it might reduce its estimates for bank losses

* European Central Bank warns of eastern Europe risks as demand for euro cash rises

* German industrial output was 3.7% higher in May against a month ago

* Japan machine orders fall further

* Federal Deposit Insurance Corp looks for public fund aid on failed banks

* Oil price falls below $61 as investors remain cautious

* Demand for oil in the OECD will not recover until 2013, according to Opec

* UK facing 'energy crunch' as North Sea cash dries up, according to a report by Oil & Gas UK

* Oil industry calls for North Sea tax cuts

* Alistair Darling's blueprint for reforming the financial regulation regime fails to impress the City and draws withering fire from the Conservatives, who vow to reverse the report's main proposals should the party win the next election

* Nationwide has begun offering its customers suffering from negative equity a mortgage that provides up to 125% of a property's value, should they want to move

* Six executives and brokers of Sky Capital, a New York brokerage, including Ross Mandell, its founder and chief executive, have been charged with a $140 million transatlantic 'boiler room' fraud that law enforces say reeled in UK and US investors

* Google to launch rival to Windows as it challenges Microsoft's dominance

* Swiss government vows to block UBS from complying with US order to hand over names of US taxpayers holding offshore accounts in Switzerland

* All employment services run by Jobcentre Plus should be privatised, according to a report by the Social Market Foundation

* Marks &V Spencer chief defiant amid revolt by investors

* China holds Australian Rio Tinto employee on suspicion of spying

* IBM to end final-salary pensions for British workforce next year

* JJB Sports seeks support for rule change on conflict of interest

* Audi turns corner as it reports rise in sales

* Sir Alan Sugar dropped from National Savings adverts because of conflicts of interest.