The Vatican bank has announced a plunge in net profit last year after a "painful but necessary process" of reform saw it close thousands of accounts, wind up investments and hire expensive external experts to help with the clean-up.
Pope Francis has sacked nearly all the cardinals from the commission charged with overseeing the scandal-hit Vatican Bank, just 11 months into their five-year term.
Juventus striker Carlos Tevez will meet Pope Francis tomorrow at the Vatican and plans to add to the Pontiff's football shirt collection.
If you want an idea of the reverence with which Sir Alex Ferguson is held, Twitter has an easy guideline: more than Margaret Thatcher, but less – so far – than the new Pope.
On 'Weird Wall Street', Bloomberg News discusses bizarre stories in business.
Bloomberg's Andrew Davis reports on the surprise selection of Cardinal Jorge Mario Bergoglio of Argentina as the first non-European pope in more than 1,200 years.