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 | | | | Good evening Postlinuxeg, | MON 31 May 2010 | | | | |  | | | | | | |  | | | 
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| | May 31, 2010 04:27 PM ET
 | FRANKFURT/MADRID (Reuters) - The European Central Bank warned on Monday that euro zone banks face up to 195 billion euros in a "second wave" of potential loan losses over the next 18 months due to the financial crisis, and disclosed it had increased purchases of euro zone government bonds.
| | | | May 31, 2010 11:26 AM ET
 | LONDON (Reuters) - The euro steadied from recent falls and world stocks were becalmed on Monday with a Chinese warning about risks to global growth and a downgrade of Spain's credit heightening investor caution in holiday-thinned trade.
| | | | May 31, 2010 04:28 PM ET
 | VENICE, Louisiana (Reuters) - Oil from BP's out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters said on Monday, as public anger surged over the country's worst environmental disaster.
| | | | | May 31, 2010 11:44 AM ET
 | DETROIT (Reuters) - Retailers are expected to show a sizable increase in sales for the month of May, but erratic trends of consumer spending could grow more pronounced over a seasonally weaker period for shopping.
| | | | May 31, 2010 09:41 AM ET
 | BERNE (Reuters) - The Swiss government failed to act swiftly to prevent a credit and tax crisis that had endangered banking giant UBS AG in 2008-2009 and could have sunk the Swiss economy, a parliamentary report said on Monday.
| | | | May 31, 2010 03:31 PM ET
 | OTTAWA (Reuters) - There will be considerable discussion about the European economy at the G20 meeting of finance officials and central bankers in Busan, South Korea, this weekend, a senior Canadian finance official said on Monday.
| | | | | May 31, 2010 10:18 AM ET
 | FOSHAN, CHINA/TOKYO (Reuters) - Workers at a strike-bound Honda Motor parts factory in southern China pressed on with a drive to win higher wages on Monday while the carmaker lured back many to partly resume production.
| | | | | May 31, 2010 12:19 PM ET
 | SAO PAULO (Reuters) - Advanced economies face years of anemic growth and the risk of a double-dip recession as their citizens cope with sluggish employment and highly indebted governments, economist Nouriel Roubini said on Monday.
| | | | | May 31, 2010 02:58 PM ET
 | LONDON (Reuters) - Oil crept above $74 on Monday in line with a timid recovery across financial markets, but was set for its biggest monthly loss in 18 months after European economic crisis raised the prospect of reduced fuel demand.
| | | | | May 30, 2010 09:53 PM ET
 | SEOUL (Reuters) - The heads of the Federal Reserve and the European Central Bank on Monday both singled out emerging economies as key to global financial stability.
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ECB warns of more bank loan losses
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