Thursday Papers: Surprise fall in US inflation provides relief -- other news

* Dow rises 66 points but Nasdaq eases three points

* US April consumer price index up 0.2%; core up 0.1%

* Bank of England warns that the UK economy is set for a sharper, more prolonged slowdown in growth than it thought likely in February, but the short-term spike in inflation will be much more severe and persistent than anticipated and delay an interest rate cut for two years

* UK government reveals plans to help home buyers and improve banking regulation

* More than 8,000 American households are entering the foreclosure process every day

* The OECD's Composite Leading Indicators flash clear signs of economic weakness across the world

* Number of people claiming unemployment benefit rises for third month in a row

* Interest rates in dollar money markets rise amid speculation about changes to the calculation of Libor, the benchmark for global borrowing costs

* BP's Russian venture faces legal action

* Oil price slips as US energy stocks rise

* Freddie Mac loses $151 million in first quarter, but beats expectations