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 ...

American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.

Victory for Trump. With 40 million container ships passing through every year, the Panama Canal — a 51 mile waterway that cuts through Central America, linking the Atlantic and the Pacific ...

American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.

The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President ...

BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22. ...

Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS. China President Xi Jinping is reportedly “angry” over ...

Chinese antitrust regulators are investigating a US consortium’s deal for two ports in the Panama Canal zone, delaying the deal’s closing that was originally set for next week.

Panama President Slams Trump's Call For 'Recovering' The Canal: ... after news came out earlier in the week that Hong Kong-based conglomerate CK Hutchison sold its stake in Panama Ports Company, ...

FILE - Cargo containers sit stacked as cranes load and unload containers from cargo ships at the Panama Canal's Balboa port, operated by the Panama Ports Company, in Panama City, Jan. 31, 2025.

By Chris Isidore, CNN New York (CNN) — American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had ...