The Panama Maritime Authority, which oversees shipping and port infrastructure in the Central American country, will request ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
An investment group led by asset manager BlackRock has announced a deal to acquire two ports on either end of the Panama Canal for a total $23 billion, according to The New York Times. Hong Kong-based ...
Containers and cranes at the Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama ... American asset management giant BlackRock (BLK) and a group of investors have ...
on the outskirts of Panama City, Panama April 19, 2023.Reuters/ARIS MARTINEZ BlackRock stock edged higher a day after it announced a deal to help acquire two ports in Panama. President Trump has ...
Panama City (AFP) – Hong Kong firm Hutchinson sold its Panama Canal ports to US company BlackRock after US President Donald Trump's refused to rule out a military invasion of Panama to retake ...