A consortium of firms led by BlackRock is buying two key ports in the Panama Canal from a Hong Kong-based firm for nearly $23 billion.

China has delayed a Hong Kong-based conglomerate from completing a $23 billion sale of dozens of ports-- including two key ports in the Panama Canal.

The deal will shift control of the pivotal Balboa and Cristobal ports along the waterway.

The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.

China’s antitrust regulator has said it will review the sale of two ports on the Panama Canal by Hong Kong’s CK Hutchison to a consortium led by BlackRock, adding to uncertainty around the ...

China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the ...

The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President ...

BlackRock announced that it will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Donald Trump raised concerns about China ties.

A commentary by Chinese state-owned Hong Kong newspaper Ta Kung Pao criticized the deal, saying it would result in the Panama Canal being used for political purposes, restricting China’s ...

American asset management company BlackRock has volunteered to buy two ports at either end of the Panama Canal from their current Hong Kong-based ownership, CNN reported Tuesday. Chinese influence ...

During his joint address to Congress on Monday, President Donald Trump declared victory over the BlackRock-led acquisition of two key ports along the Panama Canal, marking a significant shift in ...