The Australian Financial Review has reported Anchorage Capital Advisors, which has in the past recapitalised businesses such as Slater & Gordon and Alinta Energy, was among the firms that bid on Rex before binding offers closed last week.
As passenger numbers at Australia’s airports are tipped to surge over the next few years, the four major gateways – Sydney, Melbourne, Brisbane and Perth – are investing heavily in new and upgraded infrastructure.
Philippine telco Smart Communications announced on Tuesday it is partnering with Salesforce to create an unified, AI-powered digital storefront for its e-commerce site to improve the customer experience.
More than 40 aircraft are scheduled to take part in the 2025 Outback Air Race, a 3,800-kilometre time trial across Australia aimed at raising funds for the Royal Flying Doctor Service.
Pan-Asian data centre operator Digital Edge announced on Monday it has formed a joint venture with Thai energy company B.Grimm Power to develop hyperscale, AI-ready data centre campuses across Thailand, starting with a flagship 100MW greenfield project.
