New Delhi / Bloomberg Lockheed Martin Corp. has offered to build its flagship F-16 fighter jet in India, as the South Asian nation scrambles to modernize its aging defense fleet while trying to establish the country as a manufacturing base. Lockheed Chairman, President and Chief Executive Officer Marillyn Hewson, made the offer to Indian Prime Minister Narendra Modi in September, ...

Tokyo / Bloomberg The world’s biggest buyer of liquefied natural gas said imports fell the most in more than six years as nuclear reactors restarted and warm weather cut demand. Shipments of the super-cooled fuel to Japan fell 14.1 percent in January, the biggest drop since May 2009, to about 7.2 million metric tons from a year earlier, according to ...

Shanghai / AFP Apple on Thursday launched its mobile payment service Apple Pay in China, pitting the US technology giant against strong domestic rivals in a large but already crowded market. Success in the world’s second-largest economy is crucial for the California-based firm. Apple Pay is available in only a few other countries including the United States, Britain, Canada and ...