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Ada Derana News

Oil prices extend sharp decline as diplomacy hopes cool fears over Hormuz

Oil prices extended losses on Thursday as investors weighed the prospects for a Middle East peace deal that could ease supply concerns and pave the way for the gradual reopening of the Strait of Hormuz. MORE..

7 May 2026 (5:35 PM)

Over 70 Vietnamese nationals arrested for alleged financial scams and visa violations

A group of foreign nationals accused of engaging in financial scams while staying in the country in violation of visa conditions has been arrested in separate raids carried out in Colombo and Matara, according to Sri Lanka Police. MORE..

7 May 2026 (10:24 AM)

Court orders arrest of former SriLankan CEO Kapila Chandrasena

(UPDATED) The Colombo Magistrate s Court has issued an order to arrest and produce before the court the former Chief Executive Officer (CEO) of SriLankan Airlines, Kapila Chandrasena, who had been released on bail by the court two days ago. MORE..

7 May 2026 (4:09 PM)

Resource : Ada Derana