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The UK’s Financial Conduct Authority (FCA) has announced an investigation into potential conflicts of interest at firms managing private assets, warning of possible adverse impacts on investors. As money managers shift focus to private markets—such as infrastructure and credit funds—amid declining interest in actively-managed stocks, the regulator aims to ensure that
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European leaders met in Paris on Monday for emergency talks on strengthening the continent’s defense capabilities, agreeing on the need for increased military spending but remaining divided over the possibility of deploying peacekeepers to Ukraine. The meeting, hosted by French President Emmanuel Macron, followed U.S. President Donald Trump’s surprise decision to
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The UK government has announced a collaboration with AI startup Anthropic to explore the use of its chatbot, Claude, in improving public access to information and services. The partnership, formalized through a memorandum of understanding, aligns with Prime Minister Keir Starmer’s ambition to establish the UK as a global leader in artificial intelligence. Backed by […]