Pressure from President Trump led Hong Kong-based CK Hutchinson to sell Panama Canal ports to BlackRock. Goldman Sachs brokered the deal.
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Often a political punching bag for MAGA Republicans, asset manager BlackRock may have bought some conservative credibility ...
Panama President José Raúl Mulino accused U.S. President Donald Trump of lying when he said in his address to Congress that ...
"The Russian economy does not need the [Panama] Canal at all, it is not important for us - even a tenth of a percent of our ...
U.S. President Donald Trump praised a $22.8 billion deal led by BlackRock (NYSE:BLK) to acquire CK Hutchisons global port ...
Panamanian leader says sale of a Chinese company’s port operation to a US firm does not amount to retaking the waterway.
The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resuscitate domestic ...
In a strategic move that has all the subtlety of a freight train, BlackRock is swooping in to buy CK Hutchison's port empire for $23 billion, ostensibly to bolster its infrastructure strategy while ...
As Trump publicly complained about China’s influence over the canal, Panama’s government weighed whether to cancel its ...