Economy

America Acquires Panama Ports Through BlackRock Deal

CK Hutchison Sells Panama Canal Ports to BlackRock-Led Consortium for $23 Billion In a major deal, Hong Kong-based CK Hutchison Group has agreed to sell its controlling stake in its subsidiary managing ports near the Panama Canal to a consortium led by the American investment firm BlackRock. The transaction is …

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Index: Modest Growth in Chinese Service Activity in February

Modest Recovery in China’s Service Sector Despite Economic Challenges Shanghai, China – Recent data shows a modest improvement in China’s service sector activity in February, driven by a rapid rebound in demand, including export orders. However, the ongoing trade war between the United States and China continues to cast a …

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Trump Threatens Canada with Further Escalation in Trade War

Trade War Escalates Between the United States and Canada After New Tariffs Imposed Washington, United StatesIn a new escalation, U.S. President Donald Trump threatened Canada with further retaliatory actions in the trade war between the two countries after Washington imposed a 25% tariff on Canadian imports. Canada’s Response: Imposing Similar …

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Gold Declines Amidst Awaiting Impact of U.S. Tariffs

Gold Prices Suffer Losses Amidst Awaited Impact of New Tariffs Global Capitals – Gold prices experienced slight losses during early trading on Tuesday, with the yellow metal retreating as traders awaited the economic consequences of the tariffs imposed by U.S. President Donald Trump on Canada, Mexico, and China. Price Update: …

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