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World

US court blocks most Trump tariffs, says president exceeded his authority

A U.S. trade court blocked President Donald Trump’s tariffs from going into effect in a sweeping ruling on Wednesday that found the president...

World

Trump threatens 50% tariffs on EU and 25% penalties on smart phones

WASHINGTON (AP) — President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25%...

Business

CBSL downplays risk of harsh US tariffs

Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has said that a potential 44% reciprocal tariff on Sri Lankan...

World

Biden diagnosed with ‘aggressive form’ of prostate cancer

Former President Joe Biden was diagnosed with an “aggressive form” of prostate cancer, according to a statement from his personal office Sunday, and...

Sports

Former Sri Lanka player earns second stint as USA coach

Former Sri Lanka and Canada international Pubudu Dassanayake has been appointed as the new head coach of USA’s men’s team. Dassanayake replaced Stuart...

World

Trump says US to lift Syria sanctions, secures $600 billion Saudi deal

President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing...

World

US and China agree to drastically roll back tariffs in major trade breakthrough

The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a...

Business

More US energy imports on the table for Sri Lanka

Sri Lanka has made significant progress in discussions with United States trade authorities and the International Monetary Fund (IMF), with both engagements yielding...