Latest News

Panama says its canal produced record revenue despite drought
Panama says its canal produced record revenue despite drought
Economy
by  AFP

The Panama Canal delivered $2.5 billion to the national treasury for last year's operations, the government said Monday, despite record-low water levels that limited ship transits. Of that amount, after deducting operating costs, it passed along $2.5 billion to the Panamanian government.

The feline frontier: NASA sends cat video from deep space
The feline frontier: NASA sends cat video from deep space
Technology
by  AFP

NASA on Monday announced it had used a state-of-the-art laser communication system on a spaceship 19 million miles (31 million kilometers) away from Earth -- to send a high-definition cat video. "One of the goals is to demonstrate the ability to transmit broadband video across millions of miles.

Nippon Steel's $14.1 billion deal for US Steel sparks criticism
Nippon Steel's $14.1 billion deal for US Steel sparks criticism
Economy
by  AFP

Japan's Nippon Steel agreed to buy US Steel Corp for $14.1 billion, the companies announced on Monday, sparking criticism about the firm's ownership in an industry crucial to US national security. Nippon will also assume the US firm's debt, taking the total value of the agreement to $14.9 billion.

Apple pauses US sale of latest Watch models over patent clash
Apple pauses US sale of latest Watch models over patent clash
Technology
by  AFP

Apple on Monday said it will stop selling some of its smartwatch models in the United States while it fights a patent battle over technology for detecting blood oxygen levels. A presidential review is underway regarding the USITC order regarding imports of Apple Watch models with the blood oxygen sensing feature at issue in the patent dispute.