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Secret Service personnel responded to an officer-involved shooting near the White House on Monday, the agency said in a statement.
Paramount Skydance's pre-tax earnings rose in the first quarter, the company said on Monday, as streamlined operations and improved results in its streaming and studios businesses helped offset declines in television.
The system from Konica Minolta and Japan's National Institute of Advanced Industrial Science and Technology can efficiently find microbes that yield up to 20% more of a given substance. (AIST and Konica Minolta)
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Gap co-founder Doris Fisher, who helped build one of America’s most recognizable clothing retailers, has died at the age of 94, CEO Richard Dickson said in a statement.
ProPublica and Local Reporting Network partner The Connecticut Mirror won the Pulitzer Prize for local reporting for what judges described as “an impressive series exposing how the state’s unique towing laws favored unscrupulous companies that overcharged residents, prompting swift and meaningful consumer protection…
The Sri Lankan economy has become predictable and stable, enhancing investment opportunities with the Government undertaking institutional reforms through digitization, creating a single window for trade and investments Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe told the Gl…
Economic Development Deputy Minister Nishantha Jayaweera stated that the Value Added Tax (VAT) revision from July 01, 2026 is intended to simplify the tax system.
Vallibel Finance has successfully raised over Rs. 2.1 billion through its Rights Issue, which was oversubscribed, reflecting strong investor confidence in the company’s strategic direction and long-term growth prospects.
Three new tools that will help in the timely and transparent clearance of containers at the Colombo Port were introduced at the Sri Lanka Customs Main Auditorium recently.
Deputy Minister of Economic Development Nishantha Jayaweera emphasizes that the claims circulating on social media that the Value Added Tax (VAT) has been increased to 20.5 percent based on a recently issued gazette notification by the government, are completely false and baseless.
Opposition Leader Sajith Premadasa stated that widening of the Value Added Tax (VAT) net by the Government from July 01, 2026 will drag in the Small and Medium-sized Business Enterprises (SMEs), with the financial services taxed higher, which will directly affect SMEs adversely as it will simultaneously increase tax…
Mels Automobiles (Pvt) Ltd., the fully owned subsidiary of Melstacorp PLC, has been officially appointed as the authorised importer and dealer for BMW automotive vehicles in Sri Lanka.
Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs 3,292 Mn and a Group Profit Before Tax of Rs 1,926 Mn for the 1st quarter ending 31st March 2026. The depreciation of the LKR resulted in a net exchange loss of Rs 68 Mn on foreign currency loanscompared to a loss of Rs. 136 Mn in the same period of last year.
Fu Xinrong pitched Beijing’s model of shared modernisation to Mexican business leaders, weeks before a contentious USMCA review
Fu Xinrong pitched Beijing’s model of shared modernisation to Mexican business leaders, weeks before a contentious USMCA review
The political instability, unpredictable oil trade, and changing alliances have changed the ways energy is consumed and traded. It is no longer a simple commodity. It is a strategic resource that alters the way politics and economics are conducted. Countries that have prioritised energy trade and focused on energy s…
After undergoing one of its worst financial crises, marked by soaring inflation, dwindling foreign reserves, and widespread social strain, the country is now attempting a carefully measured recovery.
HNB PLC has recently entered a strategic partnership with DIMO, to introduce specialised financing solutions for heavy machinery.
DFCC Bank PLC has entered into a partnership with the National Chamber of Commerce of Sri Lanka (NCCSL), as part of its broader focus on supporting business growth and expanding market access for small and medium-sized enterprises.
Seylan Bank PLC, in collaboration with the Indira Cancer Trust (ICT) and Make-A-Wish Sri Lanka, marked the first anniversary of their shared initiative on April 29, celebrating a year of bringing hope and meaningful experiences to children battling critical illnesses.
Pan Asia Bank partners with the Sri Lanka Business and Biodiversity Platform to launch the ‘Life to Our Beaches – Beach Caretaker Initiative’, reaffirming its commitment to environmental conservation and sustainable community development.
Union Assurance joined hands with the Ministry of Health, working alongside NAMASTE Sri Lanka (Neurodevelopment and Autism in South Asia: Treatment and Evidence), to bring Autism Awareness Day 2026 to life at the Lakshman Kadirgamar Institute, Colombo, marking a landmark national dialogue on inclusion and neurodiver…
Reaffirming its commitment to always provide its customers with the best offers and value, the Commercial Bank of Ceylon has announced a nationwide campaign to accelerate the adoption of LankaPay JCB debit cards, offering customers across Sri Lanka another compelling opportunity to step into a more secure, convenien…
Google has begun construction of its largest artificial intelligence (AI) hub outside the United States, marking a major expansion of global AI infrastructure and a significant investment in India’s digital economy.
LOLC General Insurance PLC has unveiled V Claim, a groundbreaking virtual claims settlement solution set to redefine the motor insurance claims experience through speed, convenience and digital innovation.
Autobahn Traders (Pvt) Ltd, a respected name in the import and distribution of brand-new BMW vehicle spare parts, has embraced a digital-first transformation strategy to enhance operational efficiency and deliver optimised customer care and service to fleet owners and individual customers in this discerning segment.
ANC Campus announced the launch of a formal articulation partnership with Adelaide University at Cinnamon Lakeside, Colombo, creating a clear progression pathway for Sri Lankan students seeking an Australian university degree.
The National Chamber of Commerce of Sri Lanka (NCCSL) hosted the ‘Meet the Ambassador: Bilateral Trade Between Sri Lanka and France’ session on April 28, at the National Chamber’s Auditorium.
South Asia’s premier fashion platform, Colombo Fashion Week (CFW), marked its 23rd year with a spectacular showcase at Cinnamon Life, bringing together innovation, creativity and cross-cultural collaboration.
The Sinhala and Hindu New Year was celebrated at Goldi Sands Hotel Negombo on April 13, 2026, bringing together both local and international guests for a day filled with tradition, colour, and cultural festivity.
Topic:Business, Economics and Finance
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Sri Lanka’s most Trusted and Innovative media services provider
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NEW YORK — The U.S. stock market fell from its record heights Monday, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.
The US stock market is falling from its record heights while oil prices jump following escalations in the Middle East that may be undermining the ceasefire in the war with Iran.
Readers of The Post interested in trying out Polymarket, the fast-growing prediction market, can collect a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
The ex-JPMorgan Chase banker who accused a glamorous female colleague of forcing him to become her “sex slave” lied to the bank about his father dying so he could collect nearly three months of paid leave — and apparently used the time off to prepare the bombshell lawsuit against Lorna Hajdini and his employer, The …
Labor’s 2026-27 budget shows state has recorded $700m surplus this financial year, first of its kind since before the Covid-19 pandemic
Foreign airlines are trouncing Qantas, Jetstar and Virgin on measures of customer satisfaction, new government-commissioned figures show, despite the local industry’s efforts to rebuild trust after COVID-19.
A $7.2 billion artificial intelligence company is still listing Timothy Bentley as one of its senior Australian executives, despite the man pleading guilty to assaulting two musicians at a bar in Sydney’s CBD.
Many expect the RBA to raise the cash rate today, but it's likely to be a split decision. (AAP: Joel Carrett)
Both JAL and ANA adopted frequent flyer miles in the 1990s. (Photo by Konosuke Urata)
The state judge overseeing New Mexico’s attempt to force a safety overhaul of Instagram and Facebook said Monday that he’s worried some of the proposed changes would amount to “overreach.”
When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight.
In 2021, Deutsche Bank sustainability chief Desiree Fixler thought she was going to make millions after she blew the whistle with claims that the bank did not adhere to its goal of integrating ESG (environmental, social and governance) into all investment decisions. Fixler - who worked within the bank's DWS Group as…
Shares of eBay surged 6% in Monday trading after GameStop CEO Ryan Cohen made an unsolicited $56 billion bid to buy the company – and claimed to have a plan to turn the company into “something worth hundreds of billions of dollars.”
Elon Musk pressured OpenAI leaders to cut a deal on the eve of their high-profile court battle – warning cofounder Greg Brockman that he and Sam Altman were about to become the “the most hated men in America,” according to a new court filing.
Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.