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British Finance Minister Rachel Reeves will urge G7 counterparts to avoid unilateral trade measures while the Iran war continues, warning that such actions could threaten global energy security. Speaking at a meeting with finance and energy ministers, she stressed that collective action is crucial to maintain resilience and avoid shifting pressure onto partners. Reeves
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The French navy, with support from allied forces including the United Kingdom, has seized an oil tanker in the western Mediterranean Sea suspected of being part of Russia’s sanction-busting “shadow fleet”, officials announced on Thursday. The vessel, named Grinch, was intercepted between Spain and Morocco while sailing from Russia’s northern port of Murmansk under what
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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