Largest backer of UK water companies shuns sector amid struggles
US insurer Assured Guaranty has amassed $15bn of exposure to British utilities
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Vontobel warns that Switzerland must avoid ‘over-regulation’
Co-CEO of Swiss financial group says country should preserve its competitiveness in the wake of Credit Suisse’s collapse
Middle East war day 9 as it happened: Ali Khamenei’s son Mojtaba becomes Iran’s supreme leader
The 56-year-old cleric becomes the third leader of the Islamic republic after his father was killed in US-Israeli air strike
Oil surges past $100 a barrel for the first time in four years
Traders are betting a widening conflict in the Middle East will lead to a weeks-long disruption in supply
Phillips 66 changes board to avoid new proxy battle with Elliott
Brokered peace draws line under one of the activist hedge fund’s most bitterly fought recent campaigns
Trump says he has not ruled out using special forces as investors brace for volatility
Tehran oil storage facility explosion sends toxic fumes across city on ninth day of Middle East conflict