Saturday Papers: BP ready to suspend its dividend -- other news.

 * Dow improves 39 points or 0.38% to 10,211 and S&P 500 gains 0.44%

 * Total US retail sales marked their first monthly drop in eight months, falling 1.2% in May, contrary to economists' consensus forecast for a gain of 0.2%

 * US consumer sentiment improved in June to its strongest point in over two years, according to Thomson Reuters/University of Michigan Surveys of Consumers

 * UK factories make bleak start to second quarter

 * UK inflation view leaps to 3.3% in May

 * Britain's output is growing at something close to its long-term trend rate, according to forecast by National Institute for Economic Social Research

 * Royal Bank of Scotland wins court battle with Raiffeisen Zentralbank Osterreich over Enron deal

 * BP is ready to suspend its dividend to guarantee it can meet all the legitimate costs of clearing up the huge oil spill in the Gulf of Mexico when its top directors meet President Obama next Wednesday

 * David Cameron will discuss the BP oil spill by telephone later today, which Downing Street says will be 'statesmanlike and workmanlike'

 * David Cameron says that it is in everyone's interest for BP to remain a strong and stable company following the Gulf of Mexico oil spill

 * Top ten investor Standard Life Investments is 'fully supportive' of BP's chief executive Tony Hayward and management team

 * BP says cap collected 15,400 barrels of oil on Thursday