Monte dei Paschi di Siena (BMPS), the oldest bank in the world, is at the heart of an Italian banking crisis which has cost it over 80 percent of its market capitalization in the past year. As Monte dei Paschi's chances of finding fresh capital are up in the air, here are pointers to what went wrong and how it may be fixed.

The Turkish economy shrank by nearly two percent in the third quarter as consumer spending and exports plunged, data showed Monday, the first year-on-year contraction in 27 quarters since 2009.

Airbus delegates have arrived in Tehran for talks aimed at finalising a deal to sell around 100 planes, an Iranian official said Monday.

"I've heard about a change in the law, but what the change will be I don't know," says Girijesh, an Indian electrician, during his hour-long lunch break in downtown Doha.

Qatar, the world's largest liquefied natural gas producer, announced on Sunday it is to merge state-owned Qatargas and RasGas to create a "truly unique global energy operator".

Iran Air finalized a contract to buy 80 planes from U.S. firm Boeing, the official IRNA news agency said Sunday, as it seeks to renew its aging fleet despite sanctions.

President-elect Donald Trump shut down some of his companies in the days after the election, including four that appeared connected to a possible Saudi Arabia business venture, according to corporate registrations in Delaware.
News of the move comes days before Trump is expected to describe changes he is making to his businesses to avoid potential conflicts of interest as the U.S. president.

OPEC was on Saturday seeking to persuade other oil producers to lower production as part of a newly-struck global pact to stem a crude glut and lift painfully low prices.
The Vienna meeting, which includes major producer Russia, aims to nail down details on implementing the accord reached late last month.

US Senate Democrats late Friday dropped objections to a federal spending bill, ensuring the government does not slip into a shutdown over a fight about health benefits for coal miners.
After taking the debate right to the brink just hours before a midnight deadline to fund federal operations, Democrats eased their hard line and prevented a brief weekend funding lapse that could have embarrassed lawmakers the month before Donald Trump assumes the presidency.

President Recep Tayyip Erdogan urged Turks on Friday to step up efforts to boost the Turkish lira by converting more foreign currency, as the campaign launched earlier this month showed only limited effect.
