Bloomberg Baidu Inc.’s Qi Lu, the former Microsoft Corp. executive hired to oversee virtually every aspect of its business, has stepped down from all active management roles less than two years after joining the Chinese internet search leader. The former group president and chief operating officer becomes the highest-profile executive to exit the company over the past few years. Lu, ...

Bloomberg Koo Bon-moo, the chairman of South Korea’s fourth-largest conglomerate who transformed a local producer of cheap appliance into a global tech and chemical powerhouse over two decades, has died. He was 73. Koo died Sunday at 9:52 am Seoul time as he did not seek extension of life after falling ill a year ago, according to LG Group in ...

Bloomberg Reliance Communications Ltd., the telecom arm of billionaire Anil Ambani, climbed by a record after a report that the indebted company is in settlement talks with the Indian unit of Ericsson AB, which this week won a petition to place the wireless carrier in insolvency proceedings. Shares of RCom, as the company is known, surged as much as 70 ...