Monte Paschi would cut more jobs to be able to secure a state bailout fund from the European Union, said a Bloomberg report.
Vitol SA obtains favorable LIbOR for its one year and three year credit lines.
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
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