Business News
Business Trump tells Iran s armed forces to surrender or face absolutely guaranteed death
US President Donald Trump urged Iran's armed forces on Thursday to surrender or face severe consequences. He also encouraged Iranian diplomats to seek asylum…
Business National Care Policy essential to achieve fair society that values women s labour and care economy – PM
Prime Minister Dr. Harini Amarasuriya has emphasized the importance of creating a National Care Policy to foster a just society that appreciates women's work…
Business Iran says US tanker on fire in Gulf
Iranian state television has reported that its naval forces attacked a US tanker this morning in the northern Gulf. According to a statement from the Islamic…
Business Explosion reported near tanker off Kuwait, crew safe, UKMTO says
The United Kingdom Maritime Trade Operations (UKMTO) reported an incident occurring 30 nautical miles southeast of Kuwait's Mubarak Al Kabeer. The captain of a…
Business Oil price up nearly 2% in early Asian trade
Oil prices increased by nearly 2% early on Thursday, March 5, in Asian trading. This rise is due to ongoing concerns about supply disruptions linked to the…
Business NATO destroys Iranian missile heading for Turkey, frontrunner for supreme leader emerges
The powerful son of Iran’s slain supreme leader emerged on Wednesday as a frontrunner to succeed him as the U.S. stepped up its military campaign against…
Business Spain s PM says no to the war in Iran despite Trump s trade threat
Spain’s Prime Minister Pedro Sánchez has again voiced his disapproval of the military actions taken by the U.S. and Israel in Iran. On Wednesday, he stood…
Business Oil prices rise 1% as Iran crisis disrupts Middle East supply
On Wednesday, oil prices climbed by 1% as the ongoing conflict between the U.S. and Israel against Iran disrupted oil supplies in the Middle East. However, the…
Business Trump orders oil tanker insurance support, says Navy could escort ships in Gulf
On Tuesday, President Donald Trump announced that the U.S. Navy might start escorting oil tankers through the Strait of Hormuz if needed. He also stated that…
Business Gold prices in Sri Lanka drop by Rs. 13,000
Gold prices in Sri Lanka have fallen by Rs. 13,000, influenced by a decline in the global gold market, as per the latest market information. This morning (04),…
Business Two more vessels attacked off UAE, Oman- UKMTO
Two more ships seem to have been attacked in the Mideast Gulf, according to the UK Maritime Trade Operations (UKMTO) today. The UKMTO reported that the…
Business Sri Lanka could face Balance of Payment crisis if Middle East conflict continues - Economist
Sri Lanka may encounter a 'Balance of Payment' crisis if the conflict in the Middle East persists, warns economist Talal Rafi. In an interview with Ada Derana,…
Business Public Security Ordinance gazette to be debated in Parliament on Friday
Parliament will discuss the Public Security Ordinance on Friday, March 6, 2026. This decision was made during a meeting of the Committee on Parliamentary…
Business Businessman remanded over allegedly taking Rs. 5 mln bribe to secure bail for detainee
A businessman has been remanded after being arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) for allegedly accepting a…
Business CBSL to release economic impact assessment tomorrow amid global tensions - President
President Anura Kumara Dissanayake told Parliament today that the Central Bank of Sri Lanka (CBSL) has been looking into the current situation and will release…
Business President urges swift settlement in Middle East amid worldwide economic concerns
President Anura Kumara Dissanayake called on everyone involved in the Middle East conflict to quickly work towards a peaceful solution. He emphasized that this…
Business Sri Lanka urges global peace, calls on int l organisations to fulfill responsibilities – Minister
Minister Nalinda Jayatissa emphasized that every country should help create global peace by addressing the ongoing military conflicts in the Middle East.…
Business US gasoline crosses $3 per gallon mark in test of Trump s Iran war
Average retail gasoline prices in the U.S. surpassed $3 a gallon on Monday, marking the first time since November, as the situation in the Middle East…
Business Oil prices jump and shares fall as conflict escalates
Oil prices have surged as Iran continues its attacks in the Middle East in retaliation to US and Israeli actions. On Monday, Brent crude, which sets global oil…
Business Israel hits Tehran again after killing Khamenei, leadership council takes over
Israel carried out more airstrikes on Tehran on Sunday, and Iran responded with missile attacks. This escalation followed the death of Supreme Leader Ali…
Business No plans to close Strait of Hormuz- Iran FM
Iran's Foreign Minister, Abbas Araghchi, stated that the country is undergoing a leadership change in accordance with its constitution, following the death of…
Business Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Brent crude oil prices surged by 10% to around $80 a barrel on Sunday, according to oil traders, as analysts warned that prices might reach $ 100 following…
Business Middle East crisis could impact Sri Lanka s economy – Prof. Tudor Weerasinghe
Political analyst Professor Tudor Weerasinghe discussed today (01) how the current crisis in the Middle East could affect Sri Lanka. During a media briefing,…
Business Who is Ayatollah Ali Khamenei, Iran s Supreme Leader who ruled for 36 years?
Ayatollah Ali Khamenei, Iran’s Supreme Leader for 36 years, faced severe protests earlier this year. In response, he carried out one of the harshest crackdowns…