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At Aquinore. UK. Good morning from the Financial Times. Today is Thursday, April 25th, and this is your

F.T. News briefing. Meta's financial forecast spooked investors and the EU stormed the offices of a Chinese company.

Plus, the US has started shipping military aid to Ukraine, and Kieve knows it needs to make the most of it.

I think that nobody in Ukraine is under any illusion that the United States is just going to keep this aid flowing and that it's going to be easy just because it got over this hump.

I'm Sonia Hudson and here's the news you need to start your day. Metas revenues jumped by more than 25% in the first quarter and beat expectations.

But that wasn't enough to impress Wall Street.

Shares dropped by double digits in after hours trading. That's

because the social media company forecasted it would spend more money this

year than it initially thought. The extra cash is going to go towards beefing up infrastructure to

support its artificial intelligence plans. The fall in Meta's share price

highlights the tough position that CEO Mark Zuckerberg is in.

He's been trying to keep investors happy and cut costs

while at the same time investing in the AI race. The European Union rated the offices of a Chinese company in Poland and the Netherlands.

Nuktec manufacturers baggage security scanners for airports

and it's owned by the Chinese government.

Brussels is investigating the company for violating anti-foreign subsidy rules.

It's likely to inflame trade tensions between China and the EU.

Here with me to discuss is the F.T.

Brussels Bureau Chief Henry Foy.

Hi, Henry.

...