It is a positive development for the deal even as it faces a high-stakes US lawsuit that threatens its progress. Read more at straitstimes.com. Read more at straitstimes.com.

A federal judge paused the merger, ruling states had raised “serious questions” about antitrust law.

European regulators signed off on Paramount's proposed acquisition of Warner Bros. Discovery.

So far, antitrust cops in over a dozen countries have cleared the deal.