Sri Lanka was on the verge of bankruptcy. If U.S. President Donald Trump's imposes his proposed tariffs, the country’s ...

He said that businesses would no longer feel comfortable relying on China for a large portion of their supply chain.

The London-listed firm saw underlying earnings jump by 23% to 93.8 million US dollars (£70.5 million) in the first quarter.

The remarks have come amid fears that the global trade war triggered by Trump tariffs will tip the U.S. economy into a ...