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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)

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)

The Federation of Renewable Energy Developers (FRED) warns that unless the Government steps in to resolve the financial crisis the industry is in due to the payment defaults by the National System Operator (Pvt) Limited (NSO), the domestic renewable energy sector faces a natural death. MORE..

7 May 2026 (6:22 PM)