AL AIN / WAM Al Ain City signed a twin-city agreement with Wuxi, in southern Jiangsu province, China, for cooperation in urban planning, education, sports, tourism, culture and arts, as well as trade and investment. The signing occurred during a visit by an Al Ain City delegation that toured the Chinese city at the invitation of Acting Mayor of Wuxi, …

Bloomberg A debate is breaking out in the Treasury market before Wednesday’s release of US consumer-price data as tumbling crude oil leads investors to ratchet back inflation expectations. In one camp, you have the likes of Societe Generale SA. The bank sees price pressures building into 2019, fuelling demand for inflation protection, in part as investors anticipate more US tariffs …

Bloomberg Even fund managers who were once shunning the pound are now betting on a rally as the UK inches towards a Brexit divorce deal. Allianz Global Investors, which has been consistently short the pound since the referendum in 2016, has switched to multiple long positions on the currency. Union Bancaire Privee sees volatility rising and is looking to buy …