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Monte Paschi ready to improve plan sent to EU to clear state aid

Wochit 0:53 mins

Banca Monte dei Paschi di Siena is ready to improve a restructuring plan it submitted to the EU Commission to get clearance for state aid, the bank's CEO said on Wednesday. While Google?s Android operating-system continues to distance itself from the competition in the world-wide smartphone market, one-time market leader BlackBerry is reaching new lows.Android?s market-share jumped to 79.3 percent in the second-quarter, from 69.1 percent a year earlier. Blame it on the Fed -- or investors and their utter dependence on the Fed's stimulus program. Whoever you blame, global markets had a broad selloff overnight and the S&P 500 is limping along today.

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