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Nintendo NX to be fully portable

  Relaxnews September brings with it a first reveal of Nintendo’s next home console, and a new report indicates that it will be a tablet-style affair with big screen capabilities. The Nintendo NX will combine handheld and stationary console design standards, with each controller comprising a display “bookended by two [detachable] controllers on each side,” according to a new report. ...

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Supercomputers deliver $500mn savings for BHP

  Bloomberg Supercomputers that create 3-D seismic maps of BHP Billiton Ltd.’s oil and gas assets are accelerating work to bring new fields into production and have already notched savings of $500 million in development costs at a project in the Caribbean. The computers are among initiatives aimed at using technology such as drones and robot drills to cut operating ...

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Line posts profit as monthly active users go up

  Bloomberg Line Corp. posted a profit in its first earnings report since ushering in the year’s biggest technology debut, as monthly active users rose just 4 percent to 220 million. Japan’s largest mobile messaging service announced 2.56 billion yen ($24.3 million) of net income in the six months through June, from a loss of 5.3 billion yen a year ...

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Chinese banks with global dreams eye ME mega bonds

  Bloomberg Bank of China Ltd. is heading down the old Silk Road marketing new goods: Debut bonds from Saudi Arabia to Kazakhstan. In its biggest-ever foray outside Asia, the state-controlled lender is said to have landed three mandates to co-manage emerging-market Eurobonds, including the Saudi government’s international sale. China’s fourth-largest lender is one of nine underwriters hired by the ...

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Tata’s revenue drops amid commodity woes

  Bloomberg Tata Group, the coffee-to-cars conglomerate, said revenue slipped 4.6 percent for the year ended in March, hurt by global political uncertainty, a commodity price crash and volatility in currencies. Revenue at India’s biggest business house dropped to about $103 billion from $108 billion the previous year, according to a statement. The company draws 69 percent of its revenues ...

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China’s Fosun to acquire Brazil investment firm

  Bloomberg China’s Fosun on Saturday signed an agreement to acquire Brazil-based investment management firm Rio Bravo, according to a statement, just a day after the Chinese conglomerate announced another massive overseas deal. Fosun, which has interests ranging from property to mining, said it will buy the controlling share of privately-owned Rio Bravo Investimentos, but did not give a value ...

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Dozens of families leave Syria’s besieged Aleppo

  Beijing / AFP Dozens of civilians left the besieged and battered opposition-held east of Syria’s Aleppo city on Saturday through a “humanitarian corridor” to the government-held west, state media reported. The Britain-based Syrian Observatory for Human Rights also reported that “a number” of civilians had crossed into government territory. The crossings were the first major movement of people from ...

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2 sisters shot dead in Pakistan ‘honour’ killings

  Lahore / AFP A man killed his two sisters on the eve of their weddings in Pakistan’s central Punjab province, police said on Saturday, in the latest case of so-called “honour” killings in the country. Kosar and Gulzar Bibi, aged 22 and 28, were shot dead by 35-year-old brother Nasir Hussain on Friday as they prepared to marry men they ...

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