BlackRock News

Saudi Aramco Secures $11 Billion Deal to Expand Gas Production by 60% by 2030

Saudi Aramco has signed an $11 billion deal to expand its Jafurah gas field operations, aiming for a 60% increase in gas production by 2030. This move supports Saudi Arabia's indus...

Global Approval Needed: CK Hutchison's $22.8 Billion Panama Ports Sale Faces Regulatory Hurdles

CK Hutchison Holdings Limited's plan to sell its Panama Canal assets for $22.8 billion hinges on approvals from multiple countries, with China demanding a stake for a state-owned c...

Why Global Uncertainty Could Be India's Golden Opportunity for Consumer Growth, According to BlackRock COO

BlackRock COO Robert Goldstein discusses India's unique advantages in the face of global uncertainty, from digitization leaps to demographic dividends, and the untapped potential o...

COSCO Aims for Strategic 20% Stake in $23 Billion Panama Canal Ports Deal

COSCO is negotiating for a 20% stake in a $23 billion Panama Canal ports deal, following the expiration of an exclusive negotiation period for BlackRock and MSC. This move could si...

CK Hutchison Seeks Chinese Partner in $23 Billion Panama Canal Port Deal Amid Beijing's Approval Hurdles

CK Hutchison is negotiating with China COSCO Shipping to join a BlackRock-led consortium for a $23 billion Panama Canal port deal, aiming to meet Beijing's approval conditions. The...

JioBlackRock MF Shatters Records with Rs 17.8k Cr in Its Debut NFO, Signaling Strong Investor Confidence

JioBlackRock Asset Management's maiden New Fund Offer (NFO) has successfully raised Rs 17,800 crore, attracting investments from over 90 institutional investors through three cash/...

Ethereum Surges 3% as Institutional Investors, Including BlackRock, Fuel Demand

Ethereum's price increased by 3% due to rising institutional demand, notably from BlackRock Inc., while Bitcoin's price remained steady. The market's response highlights increasing...

Ethereum Surges Nearly 7% to Reach Highest Level Since Early March, Fueled by BlackRock's Investment

Ethereum experienced a nearly 7% price surge, reaching its highest level since early March, driven by BlackRock's significant investment. The cryptocurrency market shows positive t...

Wall Street Soars as Major US Banks Unveil Stellar Earnings Reports

Wall Street experienced notable gains as major US banks released strong earnings reports, with JPMorgan, BlackRock, and Wells Fargo leading the charge. Investors await further fina...