MP3 advocates hope that the business model will change so dramatically that it will cut out the record companies altogether.

ECONOMIST: The big five hit the web | The

Last year nearly 100 jobs were cut at the Daily Record and Sunday Mail in Glasgow while in 2010 the bulk of staff at the Sunday Times in Glasgow lost their jobs when the paper scaled back its Scottish edition.

BBC: More jobs are cut at Scottish newspapers

Recently disappointing economic news in the 17-nation eurozone fueled expectations that the bank may cut interest rates further from the record low of 0.75%.

FORBES: METALS OUTLOOK: Gold Market To Focus On Central-Bank Meetings, Jobs Report, Physical Demand