Bloomberg Samsung Electronics Co. Vice Chairman Jay Y. Lee said the company will pursue investment in future businesses including sixth-generation mobile networks and system semiconductors as the South Korean tech giant faces a rapidly changing global business environment that has already put pressure on profit. Lee, the company’s de facto leader, last week held discussions with Samsung executives on potential ...

Bloomberg Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20 billion Abadi liquefied natural gas (LNG) project, a key step towards reaching final investment for one of the world’s biggest export ventures. The heads of agreement includes an extension of the company’s contract to operate the Masela field by 27 years until 2055, Inpex President Takayuki Ueda ...

Bloomberg Indian drug maker Lupin Ltd. is recalling more than 18,000 bottles of an antibiotic drug used to treat bacterial infections from the US market. Lupin Pharmaceuticals Inc, the US unit of the Indian company, is recalling the drug due to a “complaint received of metal piece identified in the product bottle prior to the reconstitution,” according to information on ...