Helsinki / AFP A sub-sea gas pipeline planned to link Finland and Estonia moved closer to reality on Friday as the European Commission promised to fund the project to ease the region’s dependence on Russian gas. “The allocated grants will cover, among others, the construction of the Balticconnector, the first bi-directional sub-sea gas pipeline between Estonia and Finland,” the EU …

  Bloomberg The S&P 500 Index halted a five-day rally that took it to a record, while the dollar rose and Treasuries had the biggest weekly drop in a year as data boosted optimism in the economy. News after the close of U.S. equities markets that Turkey’s army had seized power stoked demand for haven assets. The nation’s lira plunged …

  Bloomberg A week after the benchmark 10-year note yield hit an all-time low, it bounced back at the most rapid pace in more than a year. Helping to upend the record rally: increasing evidence that the U.S. economy is getting back on track. From a boost in retail sales to higher consumer prices, data this week lifted yields while …