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Baidu promotes Qi Lu to vice chairman
Global Tech

Baidu promotes Qi Lu to vice chairman

China’s largest search engine company said Qi Lu will no longer serve as the chief operating officer of the company starting in July 2018. Baidu said Qi Lu will continue to serve as vice chairman of the board of directors. “I like to express my sincere gratitude to Qi, who […]

Trafigura raises CHF165 million for inaugural senior bond
Global

Trafigura raises CHF165 million for inaugural senior bond

Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the successful pricing of its inaugural Swiss franc senior bond for CHF165 million and 5-year maturity. The bond, priced at 2.25 percent, was issued by Trafigura Funding S.A. under its European Medium Term Notes (EMTN) programme and […]

Jeff Holden, Uber’s head of product resigns
Global Tech

Jeff Holden, Uber’s head of product resigns

Jeff Holden, Uber Technologies Inc Chief Product Officer is leaving the company as part of recent executive departures in the ride-hailing startup. According to Reuters News which cited an Uber spokesperson, Holden oversaw Uber Elevate, the company’s flying car operation, which is now headed by Eric Allison, the spokesman said, […]