Here is a look at Wednesday’s business headlines with Jeff Vaughn, where he discusses Nike launching its new blue suede shoes and gas prices falling. BlackRock to acquire two ports serving Panama Canal Global investment firm BlackRock has agreed to acquire two ports serving the Panama Canal from Hong Kong’s C.

Hi, it’s Manuel Baigorri and Pei Li in Hong Kong, where we sat down with Bank of America’s Adnan Meraj to talk about private equity deals in APAC. Also today, Aramco weighs a bid for BP’s Castrol and more on BlackRock’s acquisition of ports in the Panama Canal.

Starblanket - of the Mistawasis First Nation, an Indigenous nation from Saskatchewan, Canada - is under a five-year supervision order. More than a third of Canadians under such orders are Indigenous.

U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, including assets it holds along the Panama Canal.

A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump threatened to use force to restore U.S. control over the energy chokepoint.

Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.

BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.8 billion.

The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.

After significant pressure was exerted by President Donald Trump, Chinese company CK Hutchison has agreed to sell its two ports on the Panama Canal to U.S. investment company BlackRock per a ...