The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...

A US$22.8 billion agreement for CK Hutchison to sell its global network of ports to a BlackRock-led consortium is not only ...

The Panama Canal was built by the U.S. between 1904 and 1914. It serves as a shortcut between the Pacific Ocean and the Caribbean, dramatically shortening shipping routes from Asia to ports in the ...

A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...

Through the Chinese government's Belt and Road Initiative, Chinese companies acquired or built major port facilities in 129 ...

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US ...

The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...

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 ...

Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route over ...

President Trump wanted the U.S. to retake the Panama Canal. A deal struck by BlackRock will give American investors control ...

While Donald Trump has declared that the US will take back the Panama Canal, analysts question whether America could actually ...

In a US$23 billion deal, the Hong Kong conglomerate CK Hutchison Holdings will sell all shares in Panama Canal ports to a U.S ...