TAIWAN

Talks Over Aviation Joint Venture Bog Down: Talks between British Aerospace and Taiwan Aerospace Corp. over a long-delayed joint venture to build regional jet aircraft broke up Friday little nearer resolution. Both sides said the talks had been constructive but would not commit to holding any further face-to-face discussions. Failure to secure the venture, called Avro, would be a blow to British Aerospace’ plans to improve its performance. The regional jet business loses money and it has not made a full-year pretax profit since 1990. Taiwan’s government also wants the deal to go ahead as part of a policy to bring the island’s engineering industries into the civil aviation sector.