Bloomberg Look out Elsa and Anna, there’s a new Disney princess in town. And she’s fast becoming a crowd favourite. Princess Elena of Avalor made her debut at Walt Disney World Resort this week, where the royal family’s newest member will be introduced to visitors through live performances several times a day at Magic Kingdom Park. Inspired by diverse ...

  Bloomberg Born in Google’s shadow, Niantic strode into the spotlight with a mobile internet spin on hunting Pokemon but can the obsession with the game lead to long-term financial success? Niantic founder and chief executive John Hanke has told a story of naming the company after a whaling ship abandoned in San Francisco Harbor by crew members who rushed ...

  Bloomberg A group of computer security experts say they figured out how to hack the keyless entry systems used on millions of cars, meaning that thieves could in theory break and steal items without leaving a broken window. The experts say that remote entry systems on millions of cars made by Volkswagen since 1995 can be cloned to permit ...

  Bloomberg The game “Pokemon Go” has caused distress in Cambodia, where some smartphone-wielding players have been chasing its virtual characters at a genocide museum that was a torture center in the 1970s. Tuol Sleng Genocide Museum director Chhay Visoth said Wednesday that he has posted signs at the site’s entrance and inside banning the popular game, which made its ...

  AP Mobile apps that allow users to create their own emojis or share the stylized images of NBA star Stephen Curry and other celebrities are paying off for a small upstate New York company. Moji Maker— with its mix-and-match menu of happy, angry or goofy faces — was the No. 2 paid app on the iTunes chart as of ...

  AFP Fancy spending the night in a former military prison that is now a youth hostel with an artistic twist? In Slovenia you can, and with a clear conscience about your ecological footprint. The technicolour building in Ljubljana was originally a jail built by the occupying Austro-Hungarian army in 1882 and remained in use until Yugoslavia fell apart in ...

  Emirates Business Jet Airways Group announced its fifth successive profitable quarter for the period ending June 30 based on continuing improvement in aircraft utilization, increased efficiency and reduction in cost, including non-fuel expenses. Consistent financial performance has enabled Jet Airways to further reduce its debt by US$ 53m during Q1 of FY17. Cost per available seat kilometre (CASK) excluding ...

  Bloomberg State Grid Corp. of China reached a deal to gain control of Brazil’s CPFL Energia SA, after two major shareholders agreed to sell the Chinese company their stakes in the $7.3 billion utility, people with knowledge of the matter said. Bonaire Participacoes and Banco do Brasil SA’s pension fund, known as Previ, have given informal approval to sell ...

  Bloomberg Everbright Securities Co. raised $1.1 billion after pricing its Hong Kong first-time share sale above the midpoint of a marketed range. The Chinese brokerage sold 680 million shares at HK$12.68 each, after earlier offering them at HK$11.80 to HK$13.26 apiece, according to terms for the deal obtained by Bloomberg on Friday. The final price represents a 38 percent ...

  Bloomberg International Monetary Fund staff said that 19 trillion yuan ($2.9 trillion) of Chinese “shadow” credit products are high-risk compared with corporate loans and highlighted the danger that defaults could lead to liquidity shocks. The investment products are structured by the likes of trust and securities companies and based on equities or on debt — typically loans — that ...