Reuters - Goldman Sachs Group Inc is likely to report a net loss of as much as $2 billion for the fourth quarter, the Wall Street Journal said, citing industry insiders.

AP - The euro fell against the dollar Tuesday on increasing expectations of steep European rate cuts later this week and as poor economic data from the U.S. prompted investors to move their money from equities into the safety of assets such as U.S. Treasuries.

Sir Terry Leahy has always been one of retail's more subtle chief executives. The understated Liverpudlian has always shunned bombast big statements and weighty rhetoric in favour of quietly doggedly getting on with turning Tesco into one of the world's best retailers.

Selling a home in this market is hard enough. Competing in a neighborhood flooded with foreclosed homes that are heavily discounted is nearly impossible.

Ignoring rental regulations could put landlords in serious trouble and endanger tenants.