By Anirban Nag SYDNEY (Reuters) – The euro slipped on Tuesday, showing its continued vulnerability to a broader sell-off on fears that the region’s sovereign debt problems could spread to the banking system. The Australian dollar was marginally higher ahead of April retail sales data and the Reserve Bank of Australia’s (RBA) monetary policy board meeting, both due on Tuesday.

By Daniel LeClair AMATITLAN, Guatemala (Reuters) – Stunned victims of Tropical Storm Agatha wept by destroyed homes and rescue crews dug bodies out of mud in Guatemala on Monday after torrential rain killed at least 113 people across Central America.

* Kremlin wants EU to scrap visa requirements for Russians * Europe seeks to reverse fall in trade, eyes euro support (Adds U.S.

WASHINGTON (Reuters) – President Barack Obama will hold his first meeting Tuesday with the co-chairs of his new Gulf of Mexico oil spill commission, former Senator Bob Graham and former Environmental Protection Agency chief William Reilly, an administration official said.

* Drug too pricey, shows little extra benefit -NICE * Follows FDA rejection in November LONDON, June 1 (Reuters) – Novartis’s (NOVN.VX: Quote , Profile , Research ) asthma drug Xolair will not be paid for by Britain’s national health service (NHS) after the National Institute for Clinical Excellence (NICE) cost watchdog rejected it on Tuesday as too expensive.

* Finmin: Greece could make return to markets in July * “Everything will depend on yields” (Adds quotes, details) ATHENS, June 1 (Reuters) – Greece could launch a treasury bill auction in July, marking its first return to the markets since it was awarded an aid package by the European Union and the International Monetary Fund, its finance minister said.

By Barbara Lewis LONDON (Reuters) – Oil climbed above $74 per barrel on Monday in line with a timid recovery across financial markets, but still logged its biggest monthly loss in 18 months after the European economic crisis raised the prospect of reduced fuel demand. The euro rose modestly against the dollar and Asian and European markets edged higher, but they remained under pressure following Fitch’s downgrade of Spain’s credit rating on Friday. Chinese Premier Wen Jiabao on Monday underlined the possibility of more bad news to come, saying global growth was still vulnerable to sovereign debt risks.

* IMF chief praises austerity plan * Labour reform talks resume after deadline extended * Business boss says deep differences remain (Adds business leader saying talks to continue) By Sarah Morris MADRID, May 31 (Reuters) – Spain aims to pass a long-awaited labour market reform before the end of June, with or without an agreement with unions and business leaders, Economy Minister Elena Salgado said on Monday.

By Louise Egan OTTAWA (Reuters) – Canada’s economy expanded at the fastest clip in more than a decade in the first quarter, fueling expectations that on Tuesday the Bank of Canada will become the first G7 country to raise interest rates since the start of the recession.

TORONTO, May 31 (Reuters) – Toronto’s main stock index closed higher on Monday as firm commodity prices and robust first-quarter GDP data underpinned market confidence. The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE: Quote , Profile , Research ) unofficially closed up 61.36 points, or 0.53 percent, at 11,732.80. (Reporting by Claire Sibonney; Editing by Peter Galloway)

WASHINGTON (Reuters) – Attorney General Eric Holder will survey the damage from the Gulf Coast oil spill on Tuesday and meet with federal prosecutors and state attorneys general, the Justice Department said on Monday. It will be Holder’s first trip to survey the damage before what legal experts believe will be a criminal investigation into the Deepwater Horizon rig explosion last month that killed 11 workers and led to the gushing oil spill. Holder has said the Justice Department was looking into whether there was any “malfeasance” related to the oil spill and that his department was monitoring the situation to ensure those responsible pay for the damage and cleanup.

(Adds details of visit, background) WASHINGTON, May 31 (Reuters) – U.S. Attorney General Eric Holder will survey the damage from the Gulf Coast oil spill on Tuesday and meet with federal prosecutors and state attorneys general, the Justice Department said on Monday

By Louise Egan OTTAWA, May 31 (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. The official told a briefing that the euro zone debt problems added new urgency to the need for countries to design credible plans to withdraw extraordinary stimulus from their economies next year. Canadian Finance Minister Jim Flaherty also plans to stress at the meeting that many countries are reaching their limits in terms of fiscal stimulus

June 1 (Reuters) – Hitachi Ltd (6501.T: Quote , Profile , Research ), Japan’s largest electronics maker, plans to reorganize its core operations worldwide and wants to recast its nuclear power partnership with General Electric Co (GE.N: Quote , Profile , Research ), the Nikkei business daily reported, quoting the company’s President Hiroaki Nakanishi. Hitachi will consider locating its headquarters for some business segments, including information technology and infrastructure, overseas, the paper said.

WASHINGTON, May 31 (Reuters) – U.S. Attorney General Eric Holder will survey the damage from the Gulf Coast oil spill on Tuesday and meet with federal prosecutors and state attorneys general, the Justice Department said on Monday. (Reporting by Jeremy Pelofsky; Editing by Peter Cooney)