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Uniqlo owner considers paying star employees $280,000 after 3 years

Bloomberg Asia’s largest retailer is hoping that a $280,000 annual salary and a managerial title in three years will lure top talent as | it grapples with one of the tightest labour markets in Japanese history. The salary being considered by Uniqlo owner Fast Retailing Co would be more than three times the average pay at the company, and nearly ...

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EVA Air cancels flights as attendants go on strike

Bloomberg A flight attendants strike has forced Taiwan’s EVA Airways Corp to cancel hundreds of flights, just as the peak summer vacation season starts to get under way. The airline will scrap a total of 852 flights in the eight days to June 28, an EVA Airways spokesperson said by text message on Monday. Flights between Taipei and Hong Kong ...

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Delta buys stake in Korean Air in boost to family owners

Bloomberg Delta Air Lines Inc bought a stake in the parent of its joint-venture partner Korean Air Lines Co, deepening a push into Asia and bolstering the controlling family in its face-off with activist investors. The Atlanta-based airline acquired 4.3 percent of Hanjin Kal Corp, Korean Air’s largest shareholder, and expects to boost the holding to 10 percent over time, ...

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