CK Hutchison launches arbitration against Panama

CK Hutchison said on Thursday it had launched international arbitration proceedings against Panama and was seeking damages of more than US$1.5 billion for the "destruction" of its investments in the Central American nation. CK Hutchison said Panama breached an investment protection treaty after a series of measures over the past two years that culminated in the "destruction of the concession…

news.rthk.hk ·1h ago

We haven't written up this one. RTHK News - Finance has the full story — the link below goes straight to it.

Read the original at news.rthk.hk →

More in Business

Building passion into enterprise

There’s no mortar in sight but there are certainly thousands of bricks at a new brick-and-mortar store in Winnipeg catering to Lego enthusiasts. Ashton Romaniuk and Madison Froome opened Romo’s […]

Romo's Bricks, Winnipeg store, opened for Lego enthusiasts
Founders Ashton Romaniuk and Madison Froome, 23, invested $50k
Store features pick a brick area, coloring table, 30 base plates

1h ago ·winnipegfreepress.com

‘Single window processed N11.27bn payment in five months’

Nigeria’s National Single Window platform processed N11.27bn and 114,122 licences/permits in five months, boosting trade efficiency and transparency.

1h ago ·punchng.com

Hong Kong’s CK Hutchison seeks HK$11.7b from Panama over canal ports takeover

Hong Kong-based CK Hutchison has launched international arbitration against Panama, seeking more than HK$11.7 billion (US$1.5 billion) in damages over the government’s takeover of two strategic ports…

1h ago ·scmp.com

Cartoneros, cooperatives protest plans to overhaul Buenos Aires recycling

Cooperatives warn plans to bring in private companies could threaten thousands of jobs and undermine a 20-year-old socially inclusive recycling system. Leer más

1h ago ·batimes.com.ar

Investors aren’t ghosting you, they’re reading you

Every morning, the same message arrives. “Hi David, hope you’re doing well. Can I ask you something quick?” No context. No deck. Sometimes no name. By evening there are three more, each slightly more urgent than the last, culminating in calendar invites for meetings nobody agreed to.

1h ago ·e27.co

Unionized workers at No. 1 internet-only Kakao Bank to stage 5-day strike

Unionized workers at internet-only Kakao Bank will launch a five-day strike as talks with management over wage increases and other benefits have stalled, its union said Thursday. The labor union and Kakao Bank's management have been in negotiations over a pay raise and other benefits but failed to narrow outstanding differences.

1h ago ·koreatimes.co.kr