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$350 BILLION LOSSES?

MANAMA: Gulf countries could lose at least half their oil revenues or around $350 billion a year as crude prices plunge, analysts say.

The GCC states, which pump about 17.5 million barrels per day, are bracing for tough times after oil prices have dropped by half from their 2014 highs to around ...ReadMore


LOCAL NEWS

Schools attacked

MANAMA: Thugs attacked five schools across Bahrain yesterday.

BUSINESS NEWS

Nissan suspends car orders

TOKYO: Japan's Nissan Motor and French partner Renault have stopped taking orders for some cars in Russia and could raise prices on others if the rouble's plunge continues, alliance chief executive Carlos Ghosn said yesterday.

 

WORLD NEWS

Man rams car into party HQ

MADRID: A man rammed a car loaded with gas cylinders into the Madrid headquarters of Spain's conservative ruling party yesterday, police said.

 

SPORTS NEWS

SMITH LEADS AUSSIE CHARGE

BRISBANE: India were fighting back after Australia gained a 97-run innings lead on the back of another century from new skipper Steve Smith and a wagging tail in the second Gabba Test yesterday.

 

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