Category: Business

Reuters reports that U.S. crude is being routed more often through the Panama Canal to Asia as the Iran crisis reshapes trade flows, underscoring the canal’s key role in global energy logistics.

Priority Ambulance announced it has launched medical transportation services and is headquartered in Panama City, the company said in a news release. Further operational details were not disclosed.

Singapore energy firm Sinolam has filed an arbitration request against Panama under the Panama–Singapore Free Trade Agreement, the company said. Details on claims and forum remain limited.

Al Jazeera reports Israel struck Iran’s South Pars and Iran attacked Qatar’s Ras Laffan, actions that escalate an energy crisis and heighten regional tensions with possible global market effects.

Military strikes on infrastructure in Qatar and Iran pushed European gas prices above C70/MWh and sent oil markets higher, reviving concerns about dependence on volatile global supplies.

Huawei announced AgentArts, an enterprise agent development platform, and expanded Kunpeng and Ascend compute offerings as it seeks to capitalise on OpenClaw-driven demand for agentic AI.

President José Raúl Mulino dismissed accusations by a local unit of Hong Kong’s CK Hutchison about arbitration setbacks in disputed Panama port contracts as “outrageous,” highlighting tensions over port concessions.

Netflix is negotiating a global live tour for its hit animated film Demon Hunters, planning concerts of the movie’s Billboard-topping songs ahead of a sequel.

Hong Kong’s Securities and Futures Commission will soon inspect investment banks that sponsor IPOs to check compliance with a January circular on staffing and quality controls amid a busy listing market.

FreshFruitPortal reports Chiquita has launched a pilot involving 17 banana plants in Panama, signaling a tentative operational return that could affect the country’s banana sector. Observers await further details on scope and partnerships.

Luxury veteran Peter Cheung tells the South China Morning Post that style is a personal, effortless expression and recalls memorable runway moments, including a Louis Vuitton menswear show.

Alibaba said it has put its proprietary GPU into production and revealed progress at its T-Head chip unit, while December-quarter revenue rose 2% to 284.8 billion yuan but fell short of Bloomberg consensus.

Shanghai certified 30 overseas-funded regional headquarters and 15 R&D centres in a ceremony led by Mayor Gong Zheng, signalling ongoing corporate interest despite a national decline in FDI.

CK Hutchison has pledged to pursue all legal remedies after Panamanian authorities seized two Panama Canal ports, the company and its subsidiary PPC said. Details on the seizure and next steps remain limited.

CK Hutchison says it will pursue “all legal remedies” after authorities seized two Panama Canal ports operated by the conglomerate and its subsidiary PPC, a move that could affect trade and investor confidence.

CK Hutchison is legally challenging a Panamanian Supreme Court ruling that stripped the company’s rights over ports at each end of the Panama Canal, raising questions about trade, investment and port operations.

CK Hutchison’s underlying profit rose 7% to HK$22.3bn in 2025, but a one-off accounting loss cut net profit and the conglomerate warned of “new and perhaps unforeseen challenges” for 2026.

Sinolam International has initiated ICSID arbitration against Panama after the government cancelled a licence for a major gas-fired power project, raising questions about regulatory stability in the energy sector.

An EIN Presswire analysis compares Panama and Paraguay to show how the Panama Canal and financing models have helped make infrastructure borrowing more manageable in Panama.

An EIN Presswire analysis contrasts Panama and Paraguay to show how the Panama Canal’s stabilizing role can lower financing costs and boost long-term infrastructure investment appeal.