Topic: Business & Economy — Neutral reports only
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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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[2026-05-08 05:16 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East drags on, Shell CEO Wael Sawan told investors Thursday.
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[2026-05-08 05:11 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: A United Homes single-family home. (United Homes Group)
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[2026-05-08 05:10 UTC+10:00] [Business / Workplace] [Factuality: 95]
Source: The Age
Snippet: You have reached your maximum number of saved items.
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[2026-05-08 05:06 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Israeli Education Minister Yoav Kisch has threatened to advance legislation imposing financial sanctions on educational institutions unless they commit to keeping politics out of academia, he confirmed on Tuesday.
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[2026-05-08 05:02 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: What’s in a name? Will a state “minority business revolving loan” program still serve the same function if its target audience is redefined in law as businesses in “historically underserved communities”?
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[2026-05-08 05:00 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Snippet: You have reached your maximum number of saved items.
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[2026-05-08 05:00 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: Inflation is likely to hit 5 per cent by the middle of the year and could soar to 7 per cent by Christmas if the war against Iran pushes oil to $US200 a barrel, with Jim Chalmers’ fifth budget to confirm Australians will face ongoing price pressures.
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[2026-05-08 05:00 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Snippet: You have reached your maximum number of saved items.
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[2026-05-08 04:58 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency exchange would eliminate roughly 14% of its workforce — about 700 jobs — as the company restructures around artificial intelligence.
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[2026-05-08 04:58 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: The National Highway Traffic Safety Administration said Thursday the 2026 Tesla Model Y is the first vehicle model to pass the agency’s new advanced driver assistance system tests.
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[2026-05-08 04:56 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: Some think Jim Chalmers will announce a return to the pre-1999 inflation indexation model for capital gains for all asset classes. (ABC News: Adam Kennedy)
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[2026-05-08 04:51 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: LOS ANGELES — As concerns mount over artificial intelligence and its rapid integration into society, tech companies are increasingly turning to faith leaders for guidance on how to shape the technology — a surprising about-face on Silicon Valley’s longstanding skepticism of organized religion.
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[2026-05-08 04:50 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Corporate America is celebrating one of its strongest earnings seasons of the century — but analysts warned of possible storm clouds ahead as energy prices surge and consumer sentiment tanks because of the Iran war.
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[2026-05-08 04:46 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Unrealized gains in corporate rental properties in Japan rose 25% in five years. (Photo by Rie Ishii)
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[2026-05-08 04:46 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Wall Street is reacting nervously to AI disruption. But advisors who understand that machines can handle labor while professionals focus on judgment may be better positioned to adapt.
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[2026-05-08 04:45 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” because of the Iran war, tanking demand for its big appliances.
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[2026-05-08 04:37 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Even as numerous international consumer brands shrink their footprints in China, McDonald's is bucking the trend thanks to consumers like Yue Ma.
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[2026-05-08 04:35 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Tourism, which accounts for around 14 percent of Jordan’s economy, is facing a sharp downturn as the war disrupts travel across the region.
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[2026-05-08 04:33 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Snippet: Brazilian President Luiz Inacio Lula da Silva has met US President Donald Trump at the White House, for talks that were expected to focus on trade, security, and critical minerals as Lula seeks to reset their rocky relationship.
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[2026-05-08 04:27 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.The company had two of the top 20 biggest options trades in the market on Thursday and a total $173 million of premium traded hands, with 73% of that in calls.By comparison, less than a million dollars of options traded in total between data-center real-estate stocks Equinix and Digital Realty Trust, whose combined market cap is almost ten times Iren's.
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[2026-05-08 04:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
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[2026-05-08 04:15 UTC+10:00] [Sherritt International] [Factuality: 100]
Source: South China Morning Post
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
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[2026-05-08 04:13 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Snippet: Germany's finance minister has blamed Donald Trump's "irresponsible war in Iran" for a big drop in his country's expected tax revenues.
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
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