Bloomberg Asia’s largest retailer is betting that it has the right product at the right time: a Uniqlo face mask. Fast Retailing Co, operator of the clothing stores, will begin selling reusable face masks in Japan this week. The masks, which will sold in sets of three and retail for 990 yen ($9), aim for both performance and comfort, the ...

Bloomberg China Eastern Airlines intends to establish a new airline in Hainan along with a group of other investors to take advantage of planned free-trade area and tourism growth, it says in a filing to the Hong Kong stock exchange. Shanghai-based carrier would be the majority shareholder in Sanya International Airlines. Other backers include the governments of Hainan province and ...

Bloomberg The Portuguese government wants more control over the stricken airline TAP SGPS SA in exchange for a rescue loan of as much as 1.2 billion euros ($1.4 billion), Expresso reported. The government, which already controls 50% of TAP, is in talks with private shareholders about the loan and should get a response early next week, the weekly newspaper said, ...