Trump hails 'reclaiming' of Panama Canal after BlackRock-led group's deal to buy stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison , including assets it holds along the Panama Canal.
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...
Stock in the record label behind Taylor Swift rose after revenue from subscriptions and streaming grew 5.6%. Stephen Schwarzman and Larry Fink are increasingly all up in each other's business. Just ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...
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