September 4, 2026

Oil Prices Head for Weekly Gains Exceeding Six Percent

Manama: Oil prices were on track for weekly gains of more than 6%. Brent crude futures have risen 6.1% since the start of the week, while US West Texas Intermediate crude has gained 8.3%.

According to Bahrain News Agency, the significant increase in…

Volkswagen to Slash 100,000 Jobs by 2030 Amid Restructuring Plan

Manama: German automaker Volkswagen has announced plans to cut approximately 100,000 jobs by the end of the decade as part of a significant restructuring program. The decision comes as the company faces mounting economic pressures and aims to streamli…

US Stock Indices Open Mixed

Manama: Major US stock indices opened mixed. The Dow Jones Industrial Average fell 101.2 points, or 0.19%, to 53,584.89 at the open. The S and P 500 rose 2.5 points, or 0.03%, to 7,750.19, while the Nasdaq Composite gained 3.8 points, or 0.01%, to 26,…

Bahrain Focuses on Local Developments and Regional Cooperation

Manama: Bahraini daily newspapers today centered their coverage on a series of significant local and regional events that unfolded over the past 24 hours. The news highlighted events involving key figures and governmental initiatives that underline Ba…