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* Singapore Airlines Ltd. said it will buy 49% of Richard Branson’s Virgin Atlantic Airways for $964 million. The deal would give the Asian carrier more transatlantic routes and the British entrepreneur cash that he plans to invest in his Internet and phone businesses.

* General Motors Corp. announced a deal Monday with Honda Motor Co. that could result in some Honda engines ending up under the hoods of GM vehicles sold in the United States. Under the agreement, Honda would provide low-emission V6 engines and automatic transmissions to the world’s largest automaker, said Arv Mueller, group vice president of GM’s engine division. In return, Honda would buy diesel engines through GM subsidiary Isuzu Motors Corp., most likely for use in Europe. Details of the agreement are still being worked out.

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