Shares in asset manager BlackRock ($BLK) edged higher today despite likely missing the final deadline for its $22.8 billion ...

T wo ports, one at either end of the Panama canal, have become a battlefront in the power struggle between China and America.

The proposed sale includes two ports at the Panama Canal and more than 40 others around the world, all owned by Hong ...

The deal hands over more than 40 global ports owned by Hong Kong business magnate Li Ka-Shing to US asset manager BlackRock ...

A consortium of investors led by asset management giant BlackRock and containership operator Mediterranean Shipping Co.

CK Hutchison's $22.8 billion ports business sale to a BlackRock-led consortium faces delays amid political tensions and ...

The latest came Tuesday when the world’s largest money manager announced that a BlackRock-led investment coalition would take control of two key ports on either end of the Panama Canal for the ...

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 deal with the BlackRock-led consortium includes 90% of Panama Ports Company, which has operated the Balboa and Cristobal ports at each end of the canal for over two decades, said CK Hutchison.

BlackRock and investors acquire Panama Canal ports from CK Hutchison for $22.8B, addressing Trump's concerns over Chinese influence on global trade.

President Donald Trump cited BlackRock's deal to acquire Panama Canal ports, announced Tuesday, as an early step in his administration's broader effort to "reclaim" the crucial waterway.

A deal struck by BlackRock to take control of two key ports on either end of the Panama Canal essentially aligns the world's largest money manager with the preferences of the new Trump administration.