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A writ petition has been filed before the Court of Appeal seeking an order directing the Commissioner General of Excise and others not to grant approval for the use of rice and sugar as primary raw materials in beer production. MORE..

18 May 2026 (7:15 PM)

The US government said on Monday India s Adani Enterprises agreed to pay $275 million to settle alleged sanctions violations involving Iran, as the Trump administration moved to resolve several cases involving Indian billionaire Gautam Adani. MORE..

18 May 2026 (10:31 PM)

The United Nations demanded on Monday (May 18) that Israel take measures to prevent acts of �genocide� in Gaza, and decried indications of �ethnic cleansing� in the Palestinian territory and in the occupied West Bank. MORE..

18 May 2026 (9:59 PM)

Iran sent a new peace proposal to the United States with terms that appeared similar to offers Washington has previously rejected, although a senior Iranian official told Reuters on Monday (May 18) that the US had softened its position on some issues. MORE..

18 May 2026 (11:55 PM)

The United States has agreed to suspend sanctions on Iranian oil exports during ongoing negotiations with Iran, the semi-official Tasnim news agency reported on Monday, citing a source familiar with the talks.

18 May 2026 (8:23 PM)

The depreciation of the Sri Lankan Rupee during this year has been primarily driven by the ongoing crisis in the Middle East and the resulting increase in global oil prices, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated. MORE..

18 May 2026 (7:05 PM)