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Saturday, 15 August 2026
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Panama Canal transit fees hit record highs as Hormuz shuts

Panama Canal transit fees hit record highs as Hormuz shuts

Shipping companies are paying more than $1 million, and in some cases up to $4 million, to jump the queue at the Panama Canal. The surge follows the closure of the Strait of Hormuz and a new El Niño-driven drought.

By Sarah Jenkins · Panama City, Panama · 4 min read

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Taiwan tests internet blackout drill amid China cable threat fears
World

Taiwan tests internet blackout drill amid China cable threat fears

Taiwan deliberately slowed mobile internet speeds across Taipei and other cities this week, the first time such a communications blackout has been built into its annual military exercises. The drill responds to growing concern that China could sever the undersea cables that connect the island to the world.

Technology

Heart Aerospace flies largest electric aircraft on $5 of power

Swedish-founded Heart Aerospace has completed the first test flight of its X1 demonstrator, the largest battery-electric aircraft flown to date. The 27-minute flight used roughly $5 worth of electricity, a step towards a hybrid-electric regional airliner backed by United Airlines and Air Canada.

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Nordic Tech Salary Index

A recurring index of technology salaries across the Nordics — currently seeded with public salary-research data ahead of News Unlimited's first proprietary survey.

2026 · Updated 7 July 2026