BlackRock Will Buy Panama Canal Ports from CK Hutchison

The investor group will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama.

Topics

BlackRock to buy Panama Canal ports after pressure from Trump

Deal worth $22.8bn involves sale of bulk of those owned by Hong Kong-based conglomerate CK Hutchison
Financial Times - 3h
BlackRock $23 billion deal places key Panama ports under U.S. control

Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.
CBS News - 16m
Hong Kong firm to sell stake in Panama canal ports amid Trump pressure

CK Hutchinson Holdings says 80% stake sale to consortium unrelated to Trump claims of Chinese control of canal. CK Hutchison Holdings, the Hong Kong -based logistics giant, announced plans for ...
The Guardian - 4h
Hong Kong’s ‘superman’ billionaire and the battle over the Panama Canal

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence
Financial Times - 4d
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure

Deal would require debt-laden utility’s bondholders to take significant writedowns
Financial Times - Feb. 21
Migrants in limbo in Panama jungle camp after being deported from U.S.

Lawyers for migrants from around the world who were deported from the United States and moved to a remote jungle camp in Panama say they have been unable to communicate with their clients since ...
NBC News - 4d
What will Starmer’s defence spending buy from Trump?

Plus: Amol & Nick talk tactics over PM-President meets & remember past awkward encounters.
BBC News - 5d
Instacart CEO Fidji Simo: 3 lessons on reaching the top of U.S. tech from a French fishing port childhood

Fidji Simo rose from a village childhood to Meta executive, taking Instacart public as CEO, and OpenAI board post. She shares some key lessons for success.
CNBC - Feb. 21
Could Ukraine's mineral wealth buy it U.S. protection from Russia?

The Trump administration is apparently nearing a deal with Ukraine that could grant the U.S. access to mineral resources in exchange for security guarantees.
CBS News - Feb. 25
Target and Best Buy warn of price hikes from Trump's tariffs

Wall Street investors, retail executives and economic analysts are sounding growing alarms that the new administration’s trade policies could pinch shoppers and the economy.
NBC News - 3h
Facing pressure from Trump, Costa Rica and Honduras join Panama as stopovers for foreign deportees

A U.S. flight carrying 135 deportees, half of them minors from various countries, is set to land in Costa Rica, making the country the latest Latin American nation to serve as a stopover as U.S. ...
ABC News - Feb. 20
Isolated in 'harsh conditions:' Deportee from US details legal limbo in Panama camp near Darien Gap

A deportee from the United States detained in a camp in rural Panama, among a hundred who refused to return to their countries, has described waiting in limbo under “harsh conditions” and cut off ...
ABC News - Feb. 22
Panama, Costa Rica turning into a 'black hole' for deportees from US, observers warn

Officials in Costa Rica and Panama are confiscating migrants’ passports and cellphones, denying them access to legal services and moving them between remote outposts as they wrestle with the ...
ABC News - 4d
Why Ben & Jerry’s Co-Founders Want to Buy Their Company Back From Unilever

Ben Cohen and Jerry Greenfield are reportedly looking to reacquire the beloved ice cream brand, claiming its corporate owner has muzzled the company’s social activism.
Inc. - 4d
Canal+ boss has no regrets over London listing

French broadcaster posts higher revenue in first results since UK listing last year
Financial Times - 14h
A former BlackRock exec is set to lead Germany. What analysts expect now.

Election results suggest a government could be formed between the main center-right and center-left parties.
MarketWatch - Feb. 24
Lawsuit Against Panama Challenges Detention of Trump Deportees

A group of lawyers accused Panama of violating the rights of people deported from the United States under the Trump administration’s policy of sending migrants to cooperative Latin American nations.
The New York Times - 2d
Costa Rica and Panama coordinate to move southbound migrants

Costa Rica and Panama are coordinating to expedite southbound migrant transit through their countries along the same route that carried hundreds of thousands north in recent years
ABC News - 20h
NSW chooses team for Port Macquarie hospital upgrade project

Yahoo News - Feb. 24
Ports Strike Threat Ends as Dockworkers Sign 6-Year Contract

The union’s chief negotiator calls the agreement the ‘gold standard,’ with a truce on automation replacing jobs and a long stretch of labor peace.
Inc. - 6d
Trade union strike stops container ships in Germany's Port of Hamburg

Yahoo News - 5d
Firsthand look at busiest U.S. port of entry amid tariff threats

Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...
CBS News - 4d
Migrants Deported to Panama by Trump Administration Taken to Jungle Camp

The group of unauthorized migrants, which includes children, were bused to the camp late Tuesday night. “It looks like a zoo, there are fenced cages,” said one of the detainees.
The New York Times - Feb. 20
Trump compared to mobster Tony Soprano by former envoy to Panama

John Feeley launches stinging critique of US president’s bully-boy approach to Latin America. The former US ambassador to Panama has launched a stinging critique of Donald Trump ’s approach ...
The Guardian - Feb. 23
US deportees in ‘black box’ in Panama with no access to counsel, lawyers say

About 112 people held in immigration center deep in the jungle are unable to communicate with their attorneys. Lawyers for immigrants from around the world who were deported from the United States ...
The Guardian - 5d
Explaining Panama's "reverse migration" phenomenon and why officials point to Trump's policies

Panama is facing a unique migration issue it refers to as "reverse migration." More migrants are making their way south through the Central American country, which is a problem because many are ...
CBS News - 4d
Panama dealing with "reverse migration" trends as Trump's policies take effect

Panama is dealing with migrants headed south as the Trump administration's new immigration policies change their outlook of living in the U.S. CBS News' Lilia Luciano reports.
CBS News - 4d
Migrants Deported to Panama Jungle Camp Face Uncertain Future

More than 100 asylum seekers from around the world sent to Panama from the United States have no sense how long they will be held or where they might eventually be sent.
The New York Times - 3d
Former Sony Boss Confirms What We Were All Thinking About PlayStation PC Ports

A couple of years ago, the idea of PlayStation-exclusive games being ported to PC would have seemed highly unlikely, but times have changed. Insomniac's Spider-Man games, Housemarque's Returnal, ...
GameSpot - Feb. 21
What might an optimistic investor buy in the UK?

The outlook is far from rosy, but what if we’re overdoing the doom and gloom?
Financial Times - Feb. 21
‘We’re ready’: Frank McCourt on possibility of buying TikTok

McCourt's Project Liberty advocacy group submitted a bid to buy the U.S. assets of TikTok in early January.
The Hill - Feb. 21
Which iPhone 16 Model Should You Buy?

Should you save up for the iPhone 16 or save some cash with the new iPhone 16e? We break down Apple’s complicated lineup.
Wired - Feb. 21
Deal to buy Prince Andrew's business unravels

A financial lifeline for Prince Andrew from the sale of Pitch@Palace seems unlikely to go ahead.
BBC News - 3d
8-year-old boy dies as boat carrying 'reverse flow' of migrants capsizes off Panama coast

A boat carrying 19 migrants, part of a “reverse flow” of migrants who once hoped to reach the United States, capsized off Caribbean coast of Panama
ABC News - Feb. 22
Panama to formalize long-used migrant smuggling boat route to handle 'reverse flow' south

Panama says it’s working to formalize a route long used to smuggle migrants on the way to the U.S., which is now being increasingly used to return migrants to South America in a reverse flow ...
ABC News - 6d
Panama and Costa Rica can't turn into 'black hole' for migrants, Human Rights Watch says

Concerns among migrant advocates arise as officials in Costa Rica and Panama are confiscating migrants’ passports and cellphones and denying them access to legal services.
NBC News - 4d
HP to Buy Humane, Maker of the Ai Pin, for $116 Million

Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
The New York Times - Feb. 19
Technology Giants: Stop Bullying Companies Into Buying Agentic AI

Instead, develop an innovative product that relieves customer pain.
Inc. - Feb. 20