Tuesday Papers: House sales fall to lowest level for over 30 years -- other news

* Dow recovers 130 points and Nasdaq gains 37 points

* House sales fall to the lowest level since the 1970s, according to the Royal Institution of Chartered Surveyors

* Property veteran Sir John Ritblat has warned that the property investment market would not see any recovery until next year

* Poor economic figures have revealed inflationary pressures rising to levels not seen in 20 years, and further data are expected to show important parts of the economy stagnating

* UK April producers' input prices rose 2.4% in April from March, way above analyst forecasts for a 2% increase

* UK trade in goods balance with the rest of the world improved slightly in March to a deficit of £7.4 billion

* Government backs down on corporate tax under threat of business exodus

* Rail Maritime and Transport union to ballot 17,000 workers for industrial actionin two separate disputes

* BP abandons plans to build a plant to capture and store carbon dioxide

* Bond insurer MBIA reports a £1.2 billion first-quarter loss on write-downs on derivative contracts

* Barclays may need to raise £6 billion to drive its tier one ratio to 6.5%, according to Citigroup

* European Union ministers to launch assault on UK bankers' big bonuses

* EMI owner Terra Firma to cut 1,000 more jobs

* Jewson, owned by St Gobain, calls in police over £1 million fraud probe

* Sprint Nextel first-quarter deficit widens on fewer customers

* Financial Services Authority fines Land of Leather for insurance failings

* Argos faces strike threat - Mirror.