Qantas

Capital Raising · Americas

Hertz announced a $100M common stock offering and $300M in exchangeable senior PIK notes to fund general corporate purposes and potential debt repayment, following disclosure of unexpected losses in the used car market.

Partnership · EMEA

Entain is engaged in regulatory advocacy and public campaigns against unlicensed gambling operators, including criticism of Stake/Easygo's regulatory domicile and operations. Entain is lobbying UK regulators (Gambling Commission, IFR, IPO) to curb unlicensed gambling market growth.

Partnership · Asia

FedEx Corporate signed strategic memorandum of understanding with China Southern Airlines' air cargo division to optimize collective Asia-Pacific networks. Focus on capacity sharing, ground operations, hub connections, and digitalization. Aligns with FedEx's major Guangzhou hub expansion doubling terminal footprint and tripling hourly sorting capacity.

Leadership Change · EMEA

CEO Sébastien Bazin announced he will step down in 2028, with succession search underway. Board may accelerate departure if right candidate found. Over 40% shareholder opposition to pay package.

Product Launch · Americas

Alberta's Ministry of Technology and Innovation released 'The Velocity Papers'—a set of open-source technical white papers and step-by-step instructions documenting how the province deployed AI tools (Anthropic Claude, Google) to audit, secure, and modernize digital infrastructure at scale. The blueprint reports processing 466M lines of code for vulnerabilities in 20 hours (vs. estimated 6 years/C$2B via manual process).

Product Launch · Americas

Ericsson, AT&T, and MediaTek completed the first North American in-field trial of low-latency Layer 1/Layer 2 triggered mobility (LTM) on AT&T's Ericsson-powered RAN. LTM reduces data interruption during cell changes by up to 25% (Layer 1/2) and up to 40% (full feature set), enabling real-time applications including XR, immersive video conferencing, and AI-driven edge computing.