Mergers

South Korea budget airlines Jin Air, Air Busan, Air Seoul to merge into single carrier by March 2027

The move will follow the planned Dec 17 merger of Korean Air and Asiana Airlines, the respective parents of Jin Air and of Air Busan and Air Seoul, respectively.

Paramount will put 30-film pledge in writing to theatre chains if Warner deal goes ahead: Sources

Opponents claim the deal will harm the movie business because Paramount CEO David Ellison would wield too much control and reduce output, costing people jobs.

SIA is right to stay on course despite turbulence over Air India losses

Air India’s losses have raised questions as to the extent SIA is prepared to hold on to its stake in the Indian carrier.

‘No discussions’ over AstraZeneca-Bristol Myers deal, senior source says

Reports said that the two drugmakers had held preliminary talks about a possible deal that would create a pharmaceutical behemoth with a combined value of nearly US$400 billion.

Wall Street investment bankers’ bonuses to climb as deals surge

Stock traders and investment bankers are poised to pocket bonuses north of 15 per cent.

While You Were Sleeping: 5 stories you might have missed, Aug 3, 2026

Firefighters battle a wildfire near the Agia Paraskevi village, Greece, on Aug 2, 2026.

Pharma giants AstraZeneca, Bristol Myers Squibb in talks on $512 billion mega deal: Report

The report of the potential deal comes about a dozen years after AstraZeneca fended off a takeover attempt by larger US rival Pfizer.

HSBC Life Singapore deal: Allianz says no layoffs, existing policies unaffected

German insurer Allianz’s acquisition of HSBC Life Singapore is subject to regulatory approvals and expected to close in the first half of 2027.

Paramount-Warner Bros deal paused through Aug 17, judge rules

The move gives Paramount Skydance more time to argue against a potential months-long pause while the case plays out.

Paramount’s $142b Warner deal gets EU conditional approval

As part of the EU commitments, Paramount has 13 months from the date of the closing of the deal to pull out from the Universal accord.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.