A gunman opened fire at a crowded nightclub in Istanbul during New Year celebrations. The assailant, armed with long-barrelled weapon and wearing Santa Claus costume, first killed a cop and a civilian outside the club. Then the attacker rained bullets mercilessly on innocent people partying inside the club. It left 39 people dead. The man is still on the ...

  The arrival of the earliest English settlers in Jamestown is one of the cornerstones of American history. But few people know that the voyage was inspired and made possible by a financial innovation — the joint-stock company — that emerged in direct response to Queen Elizabeth’s outreach to the Muslim world. The Virginia Company was chartered by King James ...

  Nationalizing your biggest bank is never a happy affair but, if you have to, do it quickly. Ukraine moved swiftly last weekend — alongside the International Monetary Fund — to clean up its banking system by taking over Privatbank, securing a stable deal for depositors and preventing systemic risk. There was a $5.5 billion capital shortfall to be filled, ...