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Oil futures steadied on Friday but were on track for their steepest weekly decline since early April after reports that the U.S. and Iran had reached agreement on a potential ceasefire extension. MORE..

29 May 2026 (5:45 PM)

President Donald Trump signaled Friday that he is not yet ready to sign an agreement aimed at ending the conflict with Iran, despite a tentative deal reached Thursday to reopen the Strait of Hormuz and begin nuclear negotiations. MORE..

29 May 2026 (11:14 PM)

The overall inflation rate, as measured by the Colombo Consumer Price Index (CCPI) on a year-on-year basis, increased marginally to 5.5% in May 2026 from 5.4% in April 2026, according to the Department of Census and Statistics. MORE..

29 May 2026 (4:50 PM)

A U.S. judge on Friday temporarily blocked President Donald Trump s administration from setting up a nearly $1.8 billion fund to compensate victims of what Trump has called government weaponization. MORE..

29 May 2026 (11:45 PM)

A discussion regarding drivers who have been suspended with pay was held recently at the Parliamentary Consultative Committee on Transport, Highways, and Urban Development. MORE..

29 May 2026 (7:44 PM)

The Fort Magistrate s Court has ordered the Criminal Investigation Department (CID) to arrest former Minister Basil Rajapaksa and several others and to produce them before the court in connection with a case filed over the misuse of state funds. MORE..

29 May 2026 (4:16 PM)