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

Trump has previously rejected assuring the U.S. won't use force to regain control of the waterway as he expresses concerns ...

Goldman Sachs is leading on one of the largest infrastructure transactions in recent years. Goldman Sachs is the sole ...

The president told lawmakers on Tuesday that he plans to establish a new shipbuilding office to bring ship production back to ...

Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not ...

The deal includes two ports that have been under scrutiny as potential avenues for Chinese influence in the operation of the ...

Panama’s president accused Donald Trump of lying to Congress after the U.S. leader reiterated his intention to take over the ...

A group of U.S. investors led by BlackRock has agreed to acquire majority stakes in two key ports at either end of the Panama Canal, which was previously controlled by Hong Kong-based CK Hutchison.

The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...

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.

President Donald Trump on Tuesday celebrated America’s re-acquirement of the Panama Canal from the Chinese. “My administration will be reclaiming the Panama Canal, and we’ve already started […] ...