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China warns Panama ports deal firms to 'proceed with caution'
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing.
China's Alibaba says annual revenue up six percent year-on-year
Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties.
UK economy grows above forecasts, but tariffs threaten progress
Britain's economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump's tariffs blitz took effect. Thursday's data covers the period before April's introduction of a hike to a business tax laid out in the Labour government's maiden budget in October.
Cuban cigarillo factory overwhelmed by burning demand overseas
Cuba's sole producer of cigarillos cannot keep up with exploding demand abroad for the smaller, cheaper, machine-rolled version of the island nation's much more famous hand-crafted cigars. Unlike Cuba's famous hand-rolled "Habanos," cigarillos are aimed at a market with "lower purchasing power," said Soler.
End of nuclear in Taiwan fans energy security fears
Taiwan will turn off its last nuclear reactor on Saturday, fuelling concerns over the self-ruled island's reliance on imported energy and vulnerability to a Chinese blockade. - Chinese threat - Taiwan's reliance on imported fossil fuels is of particular concern given the risk of a Chinese blockade.
Stocks drop as fresh trade news awaited, oil down on Iran hopes
Equities stuttered Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump's tariff blitz, while oil extended losses on hopes for an Iran nuclear deal. Oil prices sank around two percent on signs that Iran could agree to certain US demands to reach a nuclear deal.
System glitch delays Australian-made rocket launch
An Australian aerospace firm said Thursday it has delayed a historic first attempt to launch a locally developed rocket into orbit, citing a ground system glitch. If successful, it would be the first Australian-made rocket to make an orbital launch from Australian soil.
Crypto industry praises Trump, calls for market clarity
The start of President Donald Trump's term earned rave reviews at the world's leading crypto conference Wednesday, but top industry lawyers said digital platforms wanted regulatory clarity while the Republicans control Congress. Cohen was speaking at Consensus, the world's longest-running crypto conference, hosted this year in Canada's largest city, Toronto.
Spain probes ticket fees for Bad Bunny concerts
Spain's consumer affairs ministry said Wednesday it has opened a probe into the service fees charged during the sale of tickets for reggaeton superstar Bad Bunny's 2026 concerts in the country. The investigation focuses on "potential irregularities in the sale of tickets for concerts in Spain by a well-known international artist", the ministry said in a statement.
AFP
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