Bloomberg Macquarie Capital is seeking to pare its stake in Taiwan’s first offshore wind farm, people with knowledge of the matter said. The Australian firm, which is an arm of Macquarie Group Ltd., has been reaching out to potential buyers for part of its 50 percent holding in the Formosa I project in the sea off northwestern Taiwan, according to ...

Bloomberg TPG, the first major US private equity firm to invest in Myanmar after it emerged from military rule, is working on another landmark transaction in what’s become one of the world’s fastest-growing economies. It’s pursuing a deal to create Myanmar’s biggest independent owner of telecom towers as mobile-phone usage in the country soars, people with knowledge of the matter ...

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, ...