Italy gives 5.2 bln euros to keep two banks afloat

The Italian government on Sunday made 5.2 billion euros ($5.8 billion) of resources immediately available to keep operative two banks that the European Central Bank has deemed "failing or about to fail," sending them into insolvency procedures.

Bus crash in Italy kills 16

Italian police say 16 people died when a bus carrying Hungarian school students returning home from France crashed into the side of a highway near Verona. Thirty-nine people survived.