Italy Government to Be Shareholder in Oldest Bank

Banca Monte dei Paschi di Siena SpA, the world’s oldest bank, may become the first Italian lender since the 1990s to have the government as a shareholder as the company weighs further goodwill writedowns.

Why Carnival Is Raising Its Profit Forecast
55:21 - Carnival raised its profit forecast for the fiscal year, gaining confidence that passengers are willing to spend more to get some R&R. Bloomberg's Chris Palmeri reports on "Bloomberg Markets." (Source: Bloomberg)
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