JPMorgan CIO Drew retires after giant trading loss
LONDON/NEW YORK (Reuters) - The leader of JPMorgan Chase & Co's hedging unit is retiring, the bank said Monday, marking the first casualty from stunning trading losses that experts say could reach more than $3 billion. Full Article
Greece hits political stalemate, euro exit fears grow
ATHENS (Reuters) - Greek political leaders stuck to entrenched positions before another round of coalition talks on Monday, dashing hopes of a last-minute compromise to avoid a new election that risks pushing the country closer to financial default. Full Article
Fear of Greece euro exit sparks world stocks sell-off
NEW YORK (Reuters) - Global stocks slid on Monday on worries Greece could leave the euro zone, while oil prices fell after a move by economic powerhouse China to prop up lending sparked fears its economy was weaker than has been thought. Full Article
Canadian inflation likely to stay muted in April
OTTAWA (Reuters) - Canadian consumer prices likely remained subdued in April, leaving the annual inflation rate unchanged from March when it dropped to an 18-month low of 1.9 percent, and suggesting price pressures are the least of the Bank of Canada's worries. Full Article