CK Hutchison said the proposed sale was part of a bigger deal in which a consortium led by BlackRock Inc. would acquire an 80% interest in its units.

Starblanket - of the Mistawasis First Nation, an Indigenous nation from Saskatchewan, Canada - is under a five-year supervision order. More than a third of Canadians under such orders are Indigenous.

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence

Here is a look at Wednesday’s business headlines with Jeff Vaughn, where he discusses Nike launching its new blue suede shoes and gas prices falling. BlackRock to acquire two ports serving Panama Canal Global investment firm BlackRock has agreed to acquire two ports serving the Panama Canal from Hong Kong’s C.

The Post revisits how firm’s port empire was built and looks ahead at what the surprise divestment means for future of world trade.

Under fierce pressure from US President Donald Trump, Hong Kong firm Hutchison said Tuesday it had agreed to sell its lucrative Panama Canal ports to a US-led consortium.

A Hong Kong-based company announced Tuesday that it would sell its stake in two ports on the Panama Canal to a U.S.-led consortium, apparently responding to threats from President

An aerial view shows cargo vessels docked at Balboa Port, operated by Panama Ports Company, at the Panama Canal, in Panama City, Panama, February 1, 2025. REUTERS/Enea Lebrun//File Photo HONG KONG (Reuters) - Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.

The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.

An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong-based company that runs ports along either side of the Panama Canal, giving a U.S. firm control of key docks amid pressure from the White House to take them from China.

US-based investment company BlackRock will buy two ports after Donald Trump's increased interest in taking back control of the key shipping route.

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 investment firm BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of the major shipping route.