Hong Kong’s CK Hutchison risks losing Panama port rights after court ruling

Hong Kong-based CK Hutchison Holdings, controlled by billionaire Li Ka-shing, risks losing its rights to operate major ports at both ends of the Panama Canal after the country’s Supreme Court ruled its subsidiary’s contract unconstitutional. The decision was announced in a statement posted on the official social media account of the Panama Judiciary on Thursday local time. In the statement, the Gil Ponce Palace of Justice said the concession contract for the development, construction, operation,...