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(Bloomberg) -- Sony Group Corp. said it has officially notified Zee Entertainment Enterprises Ltd. of plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksTrump Retires ‘DeSanc

(Bloomberg) -- Shares of Zee Entertainment Enterprises Ltd. recovered from a steep plunge on Tuesday after the company said it was still working to close its planned merger with Sony Group Corp.’s India unit. Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChinese Billionaire Is Second-Biggest Foreign Owner of US LandEmirates’ Clark Says Blow

Over one million people in northern Gaza Strip have been driven from their homes since Israel began its bombing campaign against the Palestinian group Hamas, the United Nations has said.