Latest in CK Hutchison records bumper profits at ports ahead of BlackRock deal
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CK Hutchison records bumper profits at ports ahead of BlackRock deal
Conglomerate faces criticism from Beijing for $22.8bn agreement with consortium led by US asset managerFinancial Times - Mar. 20 -
China Condemns CK Hutchison-BlackRock Panama Canal Deal
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.The New York Times - Mar. 14 -
China urges CK Hutchison to ‘think twice’ on Panama ports deal
Shares hit by commentary saying $22.8bn deal with US asset manager BlackRock ‘disregards national interests’Financial Times - Mar. 14 -
Hong Kong Adds to China’s Growing Criticism of Panama Canal Deal
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”The New York Times - Mar. 18 -
Watch BlackRock CEO Larry Fink speak live after deal to purchase Panama ports
BlackRock agreed earlier this month to purchase a 90% stake in the Panama Ports Company.CNBC - Mar. 10 -
China criticises Hong Kong firm’s sale of majority stake in Panama ports
Commentary urged CK Hutchison to ‘think twice’ about ‘what position and side they are on’ in sale to US investors. Business live – latest updates China has criticised the sale of the business ...The Guardian - Mar. 14 -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - Mar. 11 -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - Mar. 11 -
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Line 5, a Trump donor, is profiting off a pipeline deal threatening pollution
Trump administration accused of ‘quid pro quo’ for fast-tracking controversial fossil fuel proposal in Michigan. Donald Trump ’s administration is being accused by activists of a quid pro quo as ...The Guardian - Mar. 16 -
Sources: Browns, Garrett agree to record deal
The Browns and Myles Garrett agreed to a record contract extension that averages $40 million per year and includes $123.5 million in guaranteed money, sources told ESPN.ESPN - Mar. 10 -
Planning permissions for homes in England fall to record low
Just over 30,000 projects got the go ahead, the lowest yearly figure since records started in 1979.BBC News - Mar. 20 -
PwC cuts record number of UK partners and halts tech apprenticeship scheme
Moves come as consultants strain to protect annual profit pool of close to £1mn per partnerFinancial Times - Mar. 12 -
Sources: QB Allen, Bills reach record $330M deal
The Bills and Josh Allen have reached agreement on a record-setting six-year, $330 million contract that includes $250 million guaranteed, sources told ESPN.ESPN - Mar. 10 -
PFF names Panthers' best trade asset ahead of the 2025 NFL draft
If the Panthers are looking to deal ahead of the draft, PFF thinks this player would be their best (and most realistic) bargaining chip . . .Yahoo Sports - 6d -
'A lot of love': Injured Bradley senior says good-bye to fans ahead of NIT quarterfinal
Bradley's Darius Hannah smiled and greeted young fans ahead of BU's NIT game with Chattanooga, and recorded a farewell video for the fans.Yahoo Sports - 2d -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - Mar. 14 -
Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom
Last year's sales boom helped push Rheinmetall's operating profit to a record high.CNBC - Mar. 12 -
Next warns Labour’s worker rights reforms threaten ‘huge burden’ for employers
UK fashion retailer says employment rights bill could cause ‘havoc’ for employers as group posts record £1bn profitFinancial Times - 16h -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - Mar. 13 -
BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Appetite for ether ETFs has been tepid since their launch last July, but that could change, according to Robert Mitchnick, head of digital assets at BlackRock.CNBC - Mar. 20 -
Sources: Texans' Stingley gets record deal for DB
Derek Stingley has agreed to a three-year, $90 million extension with the Texans that makes him the highest-paid defensive back in NFL history, sources told ESPN.ESPN - Mar. 17 -
How Small Restaurants Are Dealing With Record Egg Prices
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.The New York Times - 2d -
How Small Restaurants Are Dealing With Record Egg Prices
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.The New York Times - 2d -
In-demand Hoeness extends deal as Stuttgart coach
In-demand Stuttgart manager Sebastian Hoeness extended his deal with the club by one season to 2028 on Saturday.The following season, Hoeness oversaw an incredible rise to second spot, ahead of ...Yahoo Sports - 5d -
Plans for a Chinese Port in the Black Sea Roil Georgia Politics
Georgia’s government sparked an uproar by announcing that a port project on the Black Sea will be awarded to a company from China after canceling a contract with a consortium that included Western ...The New York Times - Mar. 13 -
OpenAI strikes $12bn deal with CoreWeave
Contract is a boost to the cloud computing provider ahead of its $35bn initial public offeringFinancial Times - Mar. 10 -
Source: Dodgers, Roberts agree on 4-year deal
Manager Dave Roberts and the Los Angeles Dodgers are in agreement on a four-year extension that will set an MLB record for average annual value, a source told ESPN on Monday, a deal that will run ...ESPN - Mar. 10 -
Yankees manager Aaron Boone to Mets’ Juan Soto: ‘You look terrible in that uniform’
PORT ST. LUCIE, Fla. — Aaron Boone had a message for Juan Soto ahead of his first season with the Mets. “I told him, ‘You look terrible in that uniform,'” the Yankees manager said Monday at Clover ...Yahoo Sports - 3d -
US port operators turn to automation
Terminals increasingly look to robots amid rising demandFinancial Times - Mar. 11 -
FAA extends bar on U.S. flights to Port-au-Prince through Sept. 8
The Federal Aviation Administration said on Tuesday it was extending prohibitions barring U.S. flights to the Haitian capital, Port-au-Prince, through Sept.NBC News - Mar. 11 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - Mar. 11 -
Texans restructure WR Christian Kirk’s contract ahead of 2025 season
As expected, the Houston Texans have a new deal in place for wide receiver Christian Kirk following his trade.Yahoo Sports - Mar. 14 -
UK offers bumper pay package for new national armaments director
Salary will be up to £400,000 per year, plus an annual bonus of up to 60%Financial Times - Mar. 18 -
Titans reportedly agree to sign Patriots' record-breaking kicker
The Tennessee Titans have reportedly agreed to a deal with former New England Patriots kicker Joey Slye.Yahoo Sports - 3d -
‘World’s hottest brand’: how Miu Miu defied sales plunge in fashion industry
As luxury firms struggle worldwide, the ‘knowingly cool’ label is posting record-breaking sales figures. While profits fall across the luxury fashion industry, one kooky Italian label is posting ...The Guardian - Mar. 8 -
Duke Makes Major Cooper Flagg Announcement Ahead of Sweet 16
Duke Blue Devils star Cooper Flagg is having a freshman season for the record books. The 18-year-old forward leads Duke in points (18.7), rebounds (7.5), assists (4.2), steals (1.4), blocks (1.3), ...Yahoo Sports - 2d -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - Mar. 14 -
Fresh Off a Record-Breaking Season, the NWSL Eyes Another Year of Growth
Why the National Women’s Soccer League inked sponsorship deals with Gen-Z brands like Alex Cooper’s Unwell Hydration and E.l.f. Beauty.Inc. - Mar. 14 -
Texans CB Derek Stingley setting the new standard for record-setting extensions
Texans cornerback Derek Stingley Jr. told ESPN that his new $30 million deal will mark the changing times for defensive backs to get paid.Yahoo Sports - Mar. 19
