JEDDAH / WAM Saudi Arabia and Pakistan have underscored the importance of expanding and intensifying aspects of bilateral cooperation and coordination and enhancing them in various fields. This came during a meeting between His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, and Prime Minister of Pakistan Imran Khan, …

Bloomberg Oil posted a gain this week as expectations for growing economic activity in nations from the US to Europe fueled optimism around stronger summer demand. Futures in New York advanced 2.1% this week in the first back-to-back weekly increase since early March. Fuel sales in the UK rise to the highest since the pandemic again, and in the US, …

Bloomberg Global central banks are starting to wind down the trillion-dollar money printing machines set in motion to rescue their economies in 2020. Getting ahead of them is becoming this year’s biggest currency trade. Early changes to bond-buying programs from Canada and Britain have been rewarding for foreign-exchange players. Meanwhile, Norway, which hasn’t needed to deploy more unconventional policy such …