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The Latest Breaking News from Hutchison

BlackRock tops $15tn: Where does the world's largest asset manager put it all?

BlackRock has become the first asset manager to oversee more than $15 trillion (€13tn), nearly three times the nominal annual output of Germany, the EU’s largest economy. Here is how the money is spread.

Euronews

Hong Kong firm begins arbitration proceedings over ruling against its Panama Canal port contract

Hong Kong’s CK Hutchison Holdings says its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional

The Independent UK

Nike's Turnaround Story Shows Momentum, But Can They Counter China?

After a challenging period marked by shifting consumer behaviors and supply chain disruptions, the sportswear industry is witnessing a resurgence in demand, offering a glimpse of optimism for major players. This renewed momentum sets the stage for a closer examination of Nike, Inc.'s (NYSE:NKE) recent financial performance and strategic decisions.

Benzinga

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Hong Kong firm appeals for legal protection of investors as its Panama Ports contract faces lawsuits

A subsidiary of a Hong Kong conglomerate entangled in U.S.-China tensions appealed on Friday for legal protection for businesses in the Central American country after its contract over its Panama Canal port assets faces lawsuits

The Independent UK

Hong Kong's CK Hutchison seeks Chinese investor to join Panama Ports deal

A Hong Kong conglomerate that’s selling ports at the Panama Canal says it may seek a Chinese investor to join a consortium of buyers

The Independent UK

Chinese Regulator To Vet Panama Ports Deal: Hong Kong Media

China's market regulator said it will review Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to a US-led consortium, a Beijing-backed newspaper in Hong Kong reported on Friday.

International Business Times

Hong Kong's richest man, Li Ka-shing, is in hot water over his company's Panama Ports deal

Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing

The Independent UK

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Panama president says ‘Trump is lying’ about reclaiming canal

José Raúl Mulino calls Panama canal rhetoric ‘new affront’ to sovereignty amid tensions over Chinese involvement

The Guardian - US

Hong Kong Company Sells Panama Ports To BlackRock Following Trump's Threats To Take Over Canal

Hong Kong-based CK Hutchison sold control of a unit that operates ports near the Panama Canal to BlackRock as Trump alleges the canal is controlled by China

Latin Times

'Revenge of the Savage Planet' Developers Break Free from Big Tech

Without Google hanging over it, Raccoon Logic's "Revenge Of The Savage Planet" expands on its 2020 predecessor and goes all in on the humor.

Inverse

The hottest Olympic XCO MTBs and pro kit being used in Paris that we mere mortals can buy

Fancy becoming the next Tom Pidcock or Jolanda Neff? Then here's the State-of-the-art XC MTB kit they'll be using at the Paris Olympics

Bike Perfect

It's the Fort William Downhill World Cup weekend. Our news round-up includes top DH launches including the new YT Tues, Vittoria's gravity tire, and we chat with Greg Minnaar

As well as the DH news, Hutchison launches the "fastest gravel tire ever" and Cervelo drops the new Aspero gravel bike. So read on for all this week's bike and gear stories dropped into one, easy-to-read article

Bike Perfect

Hutchison aims for home Olympic XC MTB gold with its new Python Race and Python 3 tires

Developed in collaboration with the Decathlon Ford Racing Team, these new tires are claimed to be super lightweight, offer enhanced puncture protection, and are ready for modern XC racing

Bike Perfect

Waterfront operators’ soaring profit margins prompts concerns from competition regulator

ACCC report finds there may not be enough market pressure on dominant port operators as companies blame high shipping charges for rising prices

The Guardian - AU

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Evening Standard

London’s biggest regeneration zones: 265,000 new homes are on the cards in boroughs across the capital

New town centres are appearing, bringing thousands of homes, new high streets and facilities to neighbourhoods across London. But is the capital building enough?

People

Pauline FerrandPrévot

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