Italian lender backs 5 bn-euro share sale

A view taken on January 25, 2013 in Siena shows the headquarters of the Banca Monte dei Paschi di SienaItalian bank Monte dei Paschi di Siena gave the go-ahead on Friday to a 5.0 billion euro equity raising that will boost its capital and allow it to repay a government bailout this year. The Tuscan bank has to pay back by the end of the year some 4.0 billion euros ($5.5 billion) in credit it received from the Italian government last year to stave off bankruptcy. Chief executive Fabrizio Viola told Italian news channel SkyTG24 that the share sale would be carried out "starting in mid-June until mid-July". Instead, Monte dei Paschi said the share sale would put it in a better position to seize "opportunities linked to a possible recovery of macro-economic conditions".



Appeals court rejects challenge on cement plants

WASHINGTON (AP) — A federal appeals court has turned aside a challenge by environmental groups to an air pollution standard for cement plants.
Dutch man's case linked to Amanda Todd

Carol Todd fights back tears as she listens during a Royal Canadian Mounted Police news conference in Surrey, British Columbia, on Thursday, April 17, 2014. A 35-year-old man alleged to be involved with the online extortion of Todd's 15-year-old daughter, who committed suicide in 2012, has been arrested in the Netherlands. (AP Photo/The Canadian Press, Darryl Dyck)VANCOUVER, British Columbia (AP) — Canadian police confirmed Thursday an arrest has been made in the Netherlands in the case of a Canadian teenager who was blackmailed into exposing herself in front of a webcam. The 15-year-old later committed suicide after detailing her harassment on a YouTube video watched by millions around the world.



Magnitude-7.2 earthquake shakes Mexican capital

People who were participating in a Holy Week procession stop and pray after a strong earthquake jolted Mexico City, Friday, April 18, 2014. A powerful magnitude-7.2 earthquake shook central and southern Mexico but there were no early reports of major damage or casualties. (AP Photo/Marco Ugarte)ACAPULCO, Mexico (AP) — A powerful magnitude-7.2 earthquake shook central and southern Mexico on Friday, sending panicked people into the streets, where broken windows and debris fell, but there were no early reports of major damage or casualties.



Nadal loses in quarterfinals in Monte Carlo

El español Rafael Nadal gesticula el perder un punto contra David Ferrer en el Masters de Montecarlo el viernes, 18 de abril de 2014, en Mónaco. Ferrer ganó. (AP Photo/Michel Euler)PARIS (AP) — Rafael Nadal's mastery of the Monte Carlo clay courts seems to be over.





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