Tag: BlackRock

• Tuesday, March 4th 2025 - 20:45 UTC

  Preliminary deal reached for sale of Hong Kong company's stake in Panama Canal operations

  

  Given US President Donald Trump's pressure, CK Hutchison Holdings, a Hong Kong-based conglomerate, agreed to sell control of a unit operating ports near the Panama Canal, it was announced Tuesday. The sale includes an 80% stake in the Hutchison Ports group and a 90% interest in Panama Ports Company, which operates the ports of Balboa and Cristobal. The consortium acquiring these stakes includes BlackRock Inc., Global Infrastructure Partners, and Terminal Investment Ltd.

• Friday, February 2nd 2024 - 10:55 UTC

  BlackRock: Investing guru Larry Fink tells Milei he will be visiting Argentina in May

  

  BlackRock CEO and founder Larry Fink told Argentine President Javier Milei in a virtual meeting that he would be visiting the South American country in May, and Casa Rosada Spokesman Manuel Adorni confirmed in Buenos Aires.

• Thursday, October 20th 2022 - 08:01 UTC

  “BlackRock’s role in a net-zero carbon

  

  The world's largest assets manager BlackRock (with US$10 trillion in assets under management as of January 2022), will not stop investing in oil, natural gas, or coal, told a UK parliamentary committee in written responses to an inquiry on the role of the financial sector in the UK’s net-zero transition.  

• Thursday, January 7th 2021 - 09:09 UTC

  US business leaders want Vice-president Pence and the cabinet to remove Trump from office

  

  US business leaders denounced president Donald Trump for inciting supporters who mobbed the US Capitol, with the head of the National Association of Manufacturers saying Vice-President Mike Pence should “seriously consider” working with the Cabinet to remove the president from office.

• Thursday, October 29th 2020 - 09:20 UTC

  Major US funds involved in Amazon degradation and indigenous rights violations, claim environmental groups

  

  Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published on Tuesday.

• Wednesday, July 15th 2020 - 08:56 UTC

  Ecuador's US$ 17,4bn debt restructuring plan faces divided bondholders

  

  Ecuador’s government will likely have to sweeten its offer to creditors in order to reach an agreement to restructure US$ 17.4 billion in bonds, say analysts. The government’s proposal already has the backing of one group of creditors, holding around half of the bonds and including AllianceBernstein, Ashmore and BlackRock.

• Saturday, July 11th 2020 - 08:22 UTC

  Wall Street will be looking into asset manager BlackRock earnings next week

  

  Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a snapshot of how the industry performed during the second quarter's dramatic rebound in global financial markets.

• Thursday, May 21st 2020 - 08:55 UTC

  Argentina and creditors find a path to reach an understanding and avoid default

  

  Argentina’s Economy Minister Martin Guzman has hinted that make-or-break talks with international creditors are likely to continue beyond the looming May 22 deadline. It has tentatively elevated hopes that the crisis-prone country will be able to avoid its ninth sovereign debt default.