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Business

Costa Cruises CEO blames 'human error'

Posted

Jan.16 - Carnival Corp, the owner of the cruise ship that capsized off Italy's west coast, estimates the impact to 2012 earnings for loss of use alone to be around $90 million. The group said it also anticipated further costs to the business. It's shares were down 17 percent in early morning trade. Joanne Nicholson reports

Business

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