Spain short-term debt costs to stay high after bank plan
* Spain to sell 12-, 18-month bills on Monday, around 0840 GMT
Brown pushes tax hike as California's money woes deepen
SAN FRANCISCO, May 13 - California Governor Jerry Brown was elected in 2010 on a promise to fix the state's chronic fiscal crisis. His weekend announcement of a much bigger-than-expected shortfall in the state budget signals how far he still has to go.
Banco do Brasil may buy out Banco Votorantim-source
SAO PAULO, May 13 - State-controlled Banco do Brasil is in talks to buy the remaining stake it still does not own of Banco Votorantim, a source with knowledge of the situation told Reuters on Sunday, in a move that could help Brazil's largest lender expand in the local auto loan market.
Louis Dreyfus set for capital market debut -FT
May 13 - Global commodity trading powerhouse Louis Dreyfus is set to issue bonds for the first time and may publicly list a Brazilian subsidiary as it prepares to step up acquisitions amid quickening consolidation in the trading sector, the Financial Times quoted its CEO as saying on Sunday.
Italy tests markets in first post-elections bond sale
* 3-yr yields seen easing slightly after spike at April sale
UPDATE 2-JPMorgan execs expected to leave over loss-sources
May 13 - JPMorgan Chase & Co is expected this week to accept the resignation of Chief Investment Officer Ina Drew after the bank lost $2 billion or more with a failed hedging strategy using derivatives, sources close to the matter said on S und ay.
Greek leftist rejects new coalition talks
ATHENS, May 14 - Greece's radical leftist leader spurned an invitation from the president for a final round of coalition talks on Monday, all but ensuring a new election that he is poised to win.
Greek radical left leader rejects coalition talks- official
ATHENS, May 14 - The leader of Greece's radical left SYRIZA party spurned an invitation from the president to coalition talks on Monday aimed at forming a government after an inconclusive election.
Four Greek parties to take part in Monday talks-source
ATHENS, May 13 - Greece's president has invited the leaders of the country's three biggest parties plus a smaller, moderate leftist group to take part in talks to form a coalition government on Monday, a senior presidency official told Reuters.
Slower economy justifies Brazil's rate cuts - Tombini
* Central Bank chief reiterates independence from government * Says economy in warm-up phase, stronger in 2nd half of yr * Won't use macroprudential measures to avoid rate hikes RIO DE JANEIRO, May 13 - Brazil's interest rates are falling because economic conditions allow it to ease monetary policy and not because of any pressure from the government, Central Bank President Alexandre Tombini said in a newspaper interview published on Sunday. Tombini told O Estado de Sa
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