AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.

Reuters - Wall Street was poised for a lower open on Tuesday after reports on the European banking system sparked fresh concerns about the financial stability of the region.

AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.

AFP - World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.

Reuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC was expected to say its chairman is going into government.

AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.

AP - Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.

Reuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.

Reuters - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.

AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.

AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.

AP - Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints that the company has abused its power as the Internet's dominant search engine.

AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.