Fitness First

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.

Product Launch · EMEA

IHG has launched a debit card in the UK as part of a trend with Hilton and Marriott, indicating a strategic move into fintech and payment products

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.

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.

Product Launch · Asia

AirAsia placed a landmark 150-aircraft firm order for Airbus A220-300s (with options for 150 more) and will be the launch customer for the A220's new 160-seat cabin configuration. Deliveries begin 2028. Order signals major fleet renewal programme and Philippines AirAsia as early recipient of new aircraft.

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.