GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
With Korean Air and Asiana Airlines having overlapping businesses, the focus of the merger plans is on how the two companies can integrate efficiently.
Hanjin Group, Korean Air's parent company, plans to run a separate company to control the two's low-cost carrier (LCC) subsidiaries, including Jin Air, Air Busan, and Air Seoul.
The new company's establishment is subject to a monopoly review by the country's Fair Trade Commission.
When the two full-service carriers complete their merger, Hanjin will have 315 aircraft under its control, accounting for 76.5 percent of the 412 aircraft run by Korean carriers.
This means the merged firm's maintenance, repair, and operation (MRO) division should be capable of maintaining the increased number of airplanes.
Speculations have been growing that Korean Air may integrate the MRO divisions of the two companies and spin it off.
