Bloomberg UK bonds surged to head for their biggest weekly rally in a decade on mounting expectations the government is preparing an imminent retreat from plans for vast unfunded tax cuts. The rally came at the end of another tumultuous week for markets, with both bonds and the pound yo-yoing on changing sentiment. UK Prime Minister Liz Truss is ...

Bloomberg A shift towards private markets is cushioning many of the world’s largest investors from the wreckage wrought by runaway inflation and spiralling interest rates. The big question now looming over giants from China’s $1.2 trillion sovereign wealth fund to California’s public pension, the largest in the US, is how long those private bets will remain insulated as the economic ...

  Abu Dhabi / WAM Maqta Gateway, the digital arm of AD Ports group, Emirates Post Group, the official postal operator for the UAE, and SkyGo, an aerial logistics provider, are set to trial a new initiative that would provide a comprehensive aerial drone delivery and other services in Abu Dhabi. The three organisations will collaborate on a trial programme ...