Europe

Turkey's Huge & Rising Role in World Trade of Oil, Gas, Grains

A failed Turkish military coup attempt briefly closed the Bosphorus Strait to shipping traffic on Saturday, reminding the world of Turkey's huge and growing importance as a transit route for commodities between Russia, Central Asia and Europe.

Turkey's Huge & Rising Role in World Trade of Oil, Gas, Grains

A failed Turkish military coup attempt briefly closed the Bosphorus Strait to shipping traffic on Saturday, reminding the world of Turkey's huge and growing importance as a transit route for commodities between Russia, Central Asia and Europe.

Brexit Wipes Off $42B Value From UK Funds' Assets

The value of UK funds' assets under management has dropped by more than $40 billion in the three weeks since Britain's vote to leave the EU, largely due to the plunge in the pound, fund flows data provider EPFR said on Friday.

Brexit Wipes Off $42B Value From UK Funds' Assets

The value of UK funds' assets under management has dropped by more than $40 billion in the three weeks since Britain's vote to leave the EU, largely due to the plunge in the pound, fund flows data provider EPFR said on Friday.