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

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...

Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...

BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on ...

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

U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of ...

The Panama Canal could soon be back in the control of the U.S., after a Hong Kong-based conglomerate agreed to ...

A deal struck by BlackRock to take control of two key ports on either end of the Panama Canal essentially aligns the world's ...

U.S. asset manager BlackRock (BLK) has taken majority stakes in the ports on either side of the Panama Canal in a deal worth ...

The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...

Panama's leader accused President Trump of lying in his Tuesday congressional address, where he said his administration was "reclaiming" the Panama Canal.

BlackRock will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Trump raised concerns about Chinese influence.