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Taiwan’s war against Uber is likely to be fruitless

  This should be a good time to be an American Internet company in Taiwan. The new president, Tsai Ing-wen, has pledged to build an Asian Silicon Valley on the island. And the new American president, Donald Trump has threatened a trade war with Taiwan’s rival in mainland China. The stars would appear to be aligned. So it’s surprising that ...

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Delta, Korean Air in joint venture talks to deepen ties

  Bloomberg Korean Air Lines Co. is in talks with Delta Air Lines Inc. for a joint venture in a move that would give the second-largest US carrier a bigger foothold in Asia where rising incomes are fueling a boom in air travel. Details of the partnership would be disclosed later, the Asian airline’s President Walter Cho told reporters at ...

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Cheap clothes still in vogue in Britain as Primark’s sales rise

  Bloomberg Britain’s biggest discount-clothing chain expects the effects of June’s Brexit vote to start feeding through to apparel prices later this year, though it won’t be the first to act. The owner of the Primark chain made the prediction on Monday as it reported an increase in UK same-store sales for the first half of the financial year. “Pricing ...

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