Topic: Business & Economy — Neutral reports only
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[2026-05-13 06:00 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The Ministry of Ports & Civil Aviation, through Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL), has invited Expressions of Interest (EOI) from investors to utilize resources at Mattala Rajapaksa International Airport (MRIA) in Hambantota. Submissions are due by June 9, 2026, with a pre-proposal briefing on May 22, 2026.
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[2026-05-13 05:59 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Brazil’s President Luiz Inacio Lula da Silva speaks during a joint press conference with German Chancellor Friedrich Merz at the end of the German-Brazilian intergovernmental consultations at Herrenhausen Palace, in Hannover, northern Germany, Monday, April 20, 2026. (AP Photo/Martin Meissner)
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[2026-05-13 05:58 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: DFCC Bank delivered a strong financial performance for the period ended 31 March 2026, underscoring the robustness of its strategy, disciplined execution, and the resilience of its balance sheet. Loan and deposit portfolios recorded sustained growth of 5% and7%, respectively, compared to December 31, 2025, reflecting calibrated credit expansion and funding optimisation.
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[2026-05-13 05:55 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: The Port of Colombo (POC) the leading maritime and transshipment hubs in South Asia has recorded a significant increase in container handling volumes during the first four months of 2026.
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[2026-05-13 05:52 UTC+10:00] [World / North America] [Factuality: 90]
Source: The Age
Snippet: New York: US President Donald Trump dismissed a surge in inflation due to the Iran war and declared he does not think about Americans’ financial situation when deciding whether to make a deal with the regime to end the conflict.
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[2026-05-13 05:51 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency.
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[2026-05-13 05:50 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Howard Schultz, the billionaire executive who turned Starbucks from a boutique Seattle-area coffee chain into a global behemoth spanning thousands of stores, says his former hometown has grown “hostile” to business under a “socialist” mayor.
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[2026-05-13 05:46 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: On the sidelines of the CII Annual Business Summit 2026 in New Delhi, the Ceylon Chamber’s Chairperson Krishan Balendra, Deputy Vice Chairperson Vinod Hirdaramani, and Secretary General and CEO Shiran Fernando engaged in a series of high-level discussions with senior Indian business and government leaders, including Minister of Labour and Employment and Minister of Youth Affairs and Sports, Government of India Mansukh Mandaviya Incoming President of the CII R Mukundan, and Director General CII, Chandrajit Banerjee.
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[2026-05-13 05:43 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The Sri Lanka Export Development Board (EDB) has announced that Sri Lanka Expo 2026, originally scheduled to be held in 2026, has been rescheduled to 14–17 January 2027. The international trade exhibition will take place at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. The decision to reschedule was made in response to prevailing geopolitical uncertainties affecting global trade and travel.
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[2026-05-13 05:42 UTC+10:00] [General Features] [Factuality: 100]
Source: Daily News
Snippet: The Sri Lanka–Viet Nam Trade, Investment and Tourism Cooperation Forum held in Colombo recently marked far more than a ceremonial diplomatic engagement. It represented a strategic effort by two Asian nations to transform longstanding political goodwill into a modern economic partnership centred on trade, connectivity, investment and tourism.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: The cost of food has been increasingly volatile due to inflation, as evidenced by some cartons of organic pasture-raised eggs costing an offensive $13.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Sri Lanka has launched a massive financial support programme worth nearly Rs. 30 million per month for 146 athletes and their coaches under the country’s ambitious “Olympic Mission” project aimed at the 2028 Los Angeles Olympic Games. The Sports Ministry said the programme will provide funds for training, nutrition and living expenses while closely monitoring the progress of athletes from 12 sports.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: SDB bank has entered into a strategic partnership with Hayleys Mobility Limited through the signing of a Memorandum of Understanding, (MoU) reinforcing the bank’s commitment to expanding access to structured mobility financing while advancing its broader sustainability banking agenda.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Emirates, the world’s largest international and most profitable airline, is scouting for top-tier aircraft engineering and technical talent worldwide.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Vella has been certified as a Great Place to Work, marking a significant milestone in the Group’s ongoing journey to build a culture rooted in trust, shared purpose and collective growth.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: CDF Duty Free at Port City Colombo is a new downtown duty-free retail concept introduced by China Duty Free Group, one of the world’s largest duty-free operators and part of the China Tourism Group.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: The IMRA Foundation Guarantee Ltd. has announced the call for applications for the third IMRA Awards 2026, inviting outstanding Muslim women across Sri Lanka to be recognised on a national stage alongside a growing community of role models celebrated for excellence, leadership and impact. Applications close on July 1.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Mireka Seascape together with Havelock City and Havelock City Mall by Overseas Realty (Ceylon) PLC has announced the partnership with Soul Sounds and Soul Sounds Academy as the Exclusive Platinum Partner for Real Estate for 2026.
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Rhino Roofing Products Limited has announced the launch of the ‘Rhino Academy.’ The Academy’s launch is deeply symbolic, coinciding with the birth anniversary of Rhino’s late Chairman, A.Y.S. Gnanam.
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[2026-05-13 05:32 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The American College of Higher Education (ACHE), Dehiwala, together with Seneca Polytechnic, Toronto, Canada, launched an international education partnership aimed at creating affordable and globally recognised higher education opportunities for Sri Lankan students.
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[2026-05-13 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Seylan Tikiri and Seylan Teens engaged with children at Colombagama Avurudu 2026, held at Viharamahadevi Children’s Park, through a series of interactive Avurudu-themed games and activities.
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[2026-05-13 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Prime Group, a leading real estate company, hosted a special programme at the Prime Minister’s Office recently. The programme aimed to enhance the knowledge and skills of all the officers serving in the Prime Minister’s Security Division.
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[2026-05-13 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
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[2026-05-13 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
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[2026-05-13 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
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[2026-05-13 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Colombo Bourse finished the session almost flat. The ASPI recorded a marginal gain of 4 points to close at 23,015, while the S&P SL 20 index declined by 6 points to settle at 6,294. MELS, RIL, CIC, BUKI and CARG ranked among the leading positive contributors to the ASPI. Market activity remained at an average level, with balanced participation from both HNW and retail investors, reflecting an overall mixed sentiment.
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[2026-05-13 05:21 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Snippet: Rising oil prices and a sudden halt for technology stocks are knocking Wall Street off its record highs on Tuesday.
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[2026-05-13 05:20 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Snippet: Iran’s wartime economic crisis has triggered mass layoffs across multiple industries, with Iranian officials estimating that some two million people have lost work “directly or indirectly” due to the conflict and a prolonged nationwide internet blackout, according to a report by The New York Times.
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[2026-05-13 05:19 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
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[2026-05-13 05:13 UTC+10:00] [General] [Factuality: 90]
Source: New York Post
Snippet: Goldman Sachs will unleash a wave of generative AI “robots” to automate its famed “human assembly line,” but the tech won’t spark mass layoffs, the bank’s President and Chief Operating Officer John Waldron said Tuesday.
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[2026-05-13 05:10 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: The UAE has designated 16 people and five organisations on its local terrorist list over their links to Hezbollah.
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[2026-05-13 05:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: The U.S. and China are both looking to space as the next frontier in data center construction. © NASA
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[2026-05-13 05:00 UTC+10:00] [Economy & Markets] [Factuality: 100]
Source: Michael West Media
Snippet: Don't pay so you can read it. Pay so everyone can!
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[2026-05-13 05:00 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Snippet: It was a line straight out of US President Donald Trump’s playbook. “Bye bye to the ABC,” Pauline Hanson’s chief of staff, James Ashby, said as he ejected two journalists working for the public broadcaster’s rural service from a media event on Friday, less than 24 hours before polls opened in the NSW byelection for Farrer.
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[2026-05-13 05:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Chinese President Xi Jinping is expected to raise the issue of increasingly costly US arms transfers to Taiwan during their bilateral summit at the end of this week, spanning Thursday through Friday. Taiwan of course remains the "core of China's core interests" - as Beijing has in the recent past characterized the issue.
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[2026-05-13 04:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from market-intelligence firm Silicon Data will help underpin the products.
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[2026-05-13 04:49 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Snippet: Trade, Taiwan and Middle East tensions loom as US and Chinese leaders meet for first state visit since Trump’s return
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[2026-05-13 04:49 UTC+10:00] [BlackRock] [Factuality: 90]
Source: South China Morning Post
Snippet: Trade, Taiwan and Middle East tensions loom as US and Chinese leaders meet for first state visit since Trump’s return
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[2026-05-13 04:40 UTC+10:00] [trade war] [Factuality: 100]
Source: South China Morning Post
Snippet: Rubio had initially appeared reluctant to visit, while Beijing did not spell out whether it would waive penalties imposed on him in 2020
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[2026-05-13 04:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Authored by Micah Zimmerman via Bitcoin Magazine,
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[2026-05-13 04:34 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Snippet: Every time a new AI model is released, the conversation immediately turns into a competition: Which model is smarter? Faster? More powerful?
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[2026-05-13 04:31 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Publix has quietly reversed course on open carry in Florida — asking shoppers to leave visible firearms at home months after the grocery giant allowed customers to openly tote guns in its stores following a controversial court ruling.
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[2026-05-13 04:30 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: The Albanese government expects 35,000 more migrants to stay in the country this financial year than previously forecast, as the Coalition prepares to announce a proposal to slash migration to combat a surge of voters moving to One Nation.
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[2026-05-13 04:18 UTC+10:00] [General] [Factuality: 90]
Source: CNBC
Snippet: Months after the Supreme Court ruled some tariffs were unconstitutional, the first round of tariff refunds has begun flowing in.
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[2026-05-13 04:05 UTC+10:00] [Companies] [Factuality: 100]
Source: Politico
Snippet: ATHENS — Greece is protesting over an unexploded Ukrainian naval drone found in its waters, fearing the war could be spilling over to the Mediterranean as Kyiv's forces hunt the opaquely-owned "shadow fleet" carrying Russian oil.
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[2026-05-13 03:41 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: LOS ANGELES — Eldridge Industries is an investment firm co-founded by a member of the Dodgers’ ownership group. The name can be found in seemingly every nook and cranny of Dodger Stadium: The new ribbon board, a permanent outfield sign, an ad behind home plate.
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[2026-05-13 03:40 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market.
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[2026-05-13 03:38 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Japanese engineering group Kanadevia's products include energy and desalination equipment. (Photo by Arisa Moriyama)
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[2026-05-13 03:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal.
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[2026-05-13 03:31 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: The Senate on Tuesday confirmed Kevin Warsh to the Federal Reserve board, as President Trump’s nominee cleared another hurdle toward his path to becoming the central bank’s next chairman.
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