Topic: Business & Economy — Neutral reports only
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[2026-05-08 07:19 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: The Australian share market has closed sharply lower, experiencing the biggest one-day fall in seven weeks and a near-$50 billion wipeout as oil prices rose on reports of fresh trouble in the Middle East.
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[2026-05-08 07:09 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Nissan Shatai makes sport utility vehicles for parent Nissan Motor. © Reuters
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[2026-05-08 07:05 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American people.
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[2026-05-08 06:57 UTC+10:00] [General] [Factuality: 90]
Source: BBC News
Snippet: President Donald Trump has threatened "much higher" tariffs on the European Union (EU) by 4 July if the bloc fails to drop its levies on the US to zero.
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[2026-05-08 06:56 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Shake Shake’s shares tumbled 30% on Thursday after it blamed disappointing financial results on bad weather, high beef prices and tourism declines.
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[2026-05-08 06:33 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: BMW chose Beijing for the world premiere of its refreshed flagship 7 Series in April. (Photo by Tomoko Wakasugi)
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[2026-05-08 06:31 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: A historic Hamptons saltbox home that predates the Declaration of Independence just hit the market in Sagaponack, NY, after undergoing a meticulous restoration that breathed new life into its 280-year-old bones—while carefully maintaining its original charm and character.
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[2026-05-08 06:31 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Iran can withstand the US naval blockade against it for three or four more months before facing severe economic hardship, the CIA told the Trump administration this week, according to a report by The Washington Post on Thursday.
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[2026-05-08 06:28 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue drivers — spot trading in digital assets .
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[2026-05-08 06:18 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: The U.S. stock market fell from its records after oil prices yo-yoed.
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[2026-05-08 06:18 UTC+10:00] [Tariffs] [Factuality: 100]
Source: Politico
Snippet: The president threatened to raise tariffs to “much higher levels” on the EU if an agreement isn’t reached.
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[2026-05-08 06:15 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: CoreWeave shares tumbled 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue guidance and increased its 2026 capital spending forecast.
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[2026-05-08 06:12 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Executive Director of the Centre for Poverty Analysis (CEPA) Prof. Sirimal Abeyratne said that poverty is not just a lack of money, it is a lack of opportunity, a lack of agency and a lack of dignity.
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[2026-05-08 06:11 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: WASHINGTON, May 7 (Yonhap) -- U.S. President Donald Trump threatened Thursday to raise tariffs on goods from the European Union (EU) to "much higher levels" if it fails to fulfill its end of last year's trade deal with the United States by July 4.
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[2026-05-08 06:07 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: The UAE has again taken top ranking for adopting artificial intelligence, according to the 2026 Microsoft AI Economy Institute analysis.
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[2026-05-08 06:01 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: OAKLAND, CALIF. — Former OpenAI board member Helen Toner shed new light on just how close the company came to a shotgun merger with arch-rival Anthropic in the chaotic aftermath of CEO Sam Altman’s firing in November 2023 – calling such a deal an “extremely risky move.”
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[2026-05-08 06:00 UTC+10:00] [General Features] [Factuality: 100]
Source: Daily News
Snippet: Vijay also represents a younger political brand that may prioritize regional economic engagement. Hence, there are a few possible openings for Sri Lanka to engage in joint tourism promotion between Northern Sri Lanka and Tamil Nadu, establish ferry connectivity revival between ports such as Kankesanthurai Harbour and Nagapattinam Port, and increase cultural links such as film, education, and technology exchanges.
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[2026-05-08 06:00 UTC+10:00] [General Opinion] [Factuality: 100]
Source: Daily News
Snippet: Eleven years have passed since one of the most controversial financial scandals in Sri Lanka’s modern history shook public confidence in State institutions. The Central Bank bond scam of 2015, which unfolded under the “good governance” administration, remains etched in the national consciousness as a moment when trust placed by millions of ordinary citizens appeared to be deeply betrayed.
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[2026-05-08 05:59 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: A business meeting between the Karachi Chamber of Commerce and Industry (KCCI) delegation and the Sri Lanka Export Development Board (EDB) was successfully held on 06th May 2026 at the EDB premises in Colombo, reaffirming the longstanding economic ties between Sri Lanka and Pakistan.
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[2026-05-08 05:55 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to deepen and rebalance the partnership through greater two-way trade, targeted investments and high-impact joint ventures, Mohamed Saeed, Minister of Economic Development and Trade, Maldives told the Sri Lanka, Maldives Business Forum held in Colombo on Tuesday (5).
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[2026-05-08 05:49 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) re-filed indictment against former Central Bank Governor Ajith Nivard Cabraal for violating the condition imposed by Colombo High Court over the case causing loss of over Rs. 1, 800 million to the Government by purchasing treasury bills from Greece during the country’s Financial crisis in 2012.
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[2026-05-08 05:48 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Snippet: By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
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[2026-05-08 05:48 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Snippet: By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
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[2026-05-08 05:48 UTC+10:00] [General] [Factuality: 90]
Source: Daily News
Snippet: Trust is a strange thing. We spend years building it, only to realise how fragile it always was. There are some emotions the rational mind struggles to process. Betrayal is one of them. Because trust is rarely built overnight. It takes time. Conversations. Consistency. Presence. We spend years learning who to trust, slowly lowering our guard around people who begin to feel safe.
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[2026-05-08 05:47 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Food & Hospitality Asia Maldives (FHAM) 2026 will take place from 7th to 9th September 2026 at the Manhattan Grand Hotel, bringing together global brands, regional suppliers, and key decision-makers from across the hospitality and tourism sectors.
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[2026-05-08 05:47 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Fort Magistrate Pasan Amarasena yesterday (7) ordered the remand of 74 Vietnamese nationals arrested by the Kollupitiya Police on Wednesday (6) on suspicion of committing financial fraud via the internet and for violating visa conditions until May 14. The Magistrate ordered the remand of 41 Vietnamese nationals, aged between 19 and 39, who were produced before the Court by the Kollupitiya Police for allegedly committing financial fraud while staying in the country in violation of visa conditions.
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[2026-05-08 05:46 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: FIFA has increased annual funding by 20 percent for all its 211 member nations at the 76th FIFA Annual Congress held in Vancouver, Canada with the Football Federation of Sri Lanka set to receive USD 12 million from this year, FFSL President Jaswar Umar said.
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[2026-05-08 05:45 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: AS inflation continues to outpace wage growth, Filipino workers are demanding not just relief, but fairness. Against this backdrop, Senator Win Gatchalian’s proposed GINHAWA Act offers a timely response by addressing the erosion of take-home pay through targeted tax relief for working Filipinos.
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[2026-05-08 05:44 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Indianapolis Colts cornerback Kenny Moore II (23) runs on the sidelines during an NFL football game against the San Francisco 49ers, Dec. 22, 2025, in Indianapolis. (AP Photo/Zach Bolinger, File)
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[2026-05-08 05:41 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: As Sri Lanka looks to better position its mineral sands resources within a globally competitive and responsibly developed industrial framework, The Ceylon Chamber of Commerce will host a one-day Technical Conference on the mineral sands sector on 17 June at the Galle Face Hotel, Colombo from 9 a.m. to 5 p.m.
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[2026-05-08 05:33 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Sampath Bank PLC handed over a fully operational Material Recovery Facility (MRF) in Bathigama, Dickwella, under its ‘A Breath to the Ocean’, ocean plastic reduction initiative.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Tokyo Cement Group, in collaboration with the Mahaweli Authority, launched the 2026 tree-planting season of the Ivuru Rakina Pawuru project near the Polgolla Dam in Kandy, joined by members of the touring New Zealand Under-85kg rugby team.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: La Trobe University, Colombo in collaboration with Study Melbourne, Victoria, Australia and La Trobe University, Australia organised a panel discussion on ‘AI and Future Employment Opportunities’.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 90]
Source: Daily News
Snippet: LB CIM, the flagship digital lifestyle application powered by LB Finance PLC, has entered a strategic partnership with e-Channelling PLC, Sri Lanka’s leading digital healthcare platform, to offer doctor channeling services directly through the LB CIM App.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: The Embassy of Nepal in Colombo hosted the Sri Lanka–Nepal Business Council (SLNBC) recently at the Cinnamon Lakeside Hotel, Colombo.
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[2026-05-08 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: In a significant step toward enhancing international academic partnerships, Prof Mohamad Chahine, Director IMI from Kursk State Medical University, Russia visited the Institute of Chemistry Ceylon (IChemC) to explore opportunities for initiating joint undergraduate and postgraduate degree programmes.
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[2026-05-08 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Premier finance company Siyapatha Finance PLC recently unveiled its latest branch in Horana, expanding its islandwide branch network to 62 branches.
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[2026-05-08 05:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: The Red Sox and Rays enter Thursday’s series opener at Fenway Park both hot off series sweeps.
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[2026-05-08 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The Colombo Stock Exchange (CSE) and Cambridge University Press and Assessment partnered, making CSE Academy an authorised examination centre for Linguaskill by Cambridge recently on April 30, bringing the English proficiency test designed for academics and professionals to CSE’s 12 branches leveraging the exchanges’ presence in all provinces in the country.
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[2026-05-08 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: DFCC Bank PLC has been certified as a Full Member of the Federation of Information Technology Industry Sri Lanka (FITIS) for 2026, marking a step in the Bank’s ongoing effort to strengthen its digital capability and align more closely with the country’s evolving technology ecosystem.
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[2026-05-08 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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[2026-05-08 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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[2026-05-08 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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[2026-05-08 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Xclusive is celebrating nine years of operations, marking its journey from humble beginnings to becoming a leading destination for genuine technology products in the country.
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[2026-05-08 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The Federation of Renewable Energy Developers (FRED) warned that Sri Lanka’s renewable energy sector is facing a “natural death” unless the Government urgently intervenes to resolve mounting payment defaults owed by them.
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[2026-05-08 05:19 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: President Donald Trump meets with UFC fighters, Wednesday, May 6, 2026, in the Oval Office of the White House, in Washington. (AP Photo/Jacquelyn Martin)
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[2026-05-08 05:18 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: OpenAI introduced three audio models for its developer platform on Thursday, aiming to make voice-based software agents more conversational and capable of completing tasks in real time.
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[2026-05-08 05:17 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: California drivers battered by soaring gas prices are finally getting a small break at the pump — but only for a few hours.
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[2026-05-08 05:17 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Snippet: The US stock market is hanging just below its records while oil prices keep dropping on hopes that a deal may be nearing to allow tankers to deliver crude once again from the Persian Gulf to customers.
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