Business

Italy approves $29b bank bail-out

The troubled Banca Monte dei Paschi di Siena

The Italian government has agreed to bail out Monte dei Paschi di Siena after the world's oldest bank failed to to get a capital increase.

Trump upends $525b program with a single tweet

Donald Trump campaigned against the TPP and China.

President-elect Donald Trump has shaken up years of Pentagon planning, tweeting he has asked Boeing to price a replacement of Lockheed Martin's F-35, the most expensive US weapon system ever.

IMF chief Christine Lagarde found guilty of negligence

IMF chief Christine Lagarde.

Christine Lagarde, the managing director of the International Monetary Fund, was found guilty on Monday of criminal charges linked to the misuse of public funds during her time as France's finance minister, a verdict that could force her out of her post.

Ireland accuses EU of exceeding power in Apple tax case

On Monday both Ireland and Apple laid out the legal arguments that would form the basis of their appeals.

Ireland has accused the European Commission of exceeding its powers and interfering with the EU member's national sovereignty over tax affairs in ruling that Apple owes Dublin billions of euros in taxes, saying it had failed to give proper reasons for its decision.