More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Warren's election reform proposal includes standardized federal election rules, increased federal oversight of elections, and a constitutional amendment guaranteeing voting...Politicsread more
Apple's iOS 13 is coming this fall, but you can already try it on your iPhone with the new public beta. Here are some of the best hidden features.Technologyread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
There's "growing interest" from China's tech sector, said Simon Galpin, managing director of the Bahrain Economic Development Board, a public agency that helps companies set up and expand their business in the Gulf state.
"Chinese e-commerce companies recognize that the Middle East and the GCC [Gulf Cooperation Council], in particular, are really good markets," he told CNBC's Martin Soong at the World Economic Forum in Tianjin on Thursday.
Like many other Middle Eastern economies, Manama is focusing on building a digital economy in an effort to reduce reliance on revenues from energy.
"Bahrain, because its a great transportation hub, is seen as a great place for fulfillment centers so companies that are going to do deliveries into Saudi Arabia can position themselves in Bahrain and make those deliveries over the causeway, " Galpin explained.
The island nation has rolled out austerity measures as it looks to cut its budget deficit, which is soon expected to hit 11.9 percent of gross domestic product, according to the International Monetary Fund. But Galpin noted that the country has seen "strong growth" in the start-up and fintech space.
International companies are increasingly setting up shop in the kingdom due to its nature as a cost-effective hub, he said.