Day: March 7, 2025

Panama to request legal, financial documents on CK Hutchison-BlackRock port deal

PANAMA CITY (Reuters) – The Panama Maritime Authority, which oversees shipping and port infrastructure in the Central American country, will request all legal and financial documents from a key transaction between CK Hutchison and consortium backed by BlackRock, minister to presidency Juan Carlos Orillac said on Friday. The maritime authority is expected analyze the transaction, […]

Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion

(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis Chamber said on Friday, as the startup looks to expand its AI infrastructure amid intensifying competition in the industry. The new investment builds on the company’s earlier announcement in December, in which it laid out […]

Back To Top