Qantas takes on a former executive that “knows too much”

Published

5 years ago

May 3, 2021

After a decade with the Australian airline, former executive Nick Rohrlach takes job at Virgin Australia

Qantas has won a last-minute court order that will stop former executive from jumping ship to the rival airline, Virgin Australia.

This comes after two failed attempts to prevent Rohrlach from taking the job at Virgin.

Rohrlach landed a job at Virgin’s Velocity Frequent Flyer program

Former Jetstar Japan co-chief Nick Rohrlach is waiting until the court case is resolved before he starts his new job.

The case was lodged in Singapore’s Supreme court.

He joined the airline in 2011 as Head of Strategy and Planning before switching over to Jetstar, eventually running their headquarters in Japan.

In October last year, he returned to Sydney to take up a job with Qantas Loyalty.

Qantas executive Nick Rohrlach — Former Qantas Group executive Nick Rohrlach plans to jump ship to Virgin Australia.

Qantas Executive Rohrlach knows “too much” about the airline

Qantas is arguing that he knows “too much” about Qantas, leading to fears he could bring insider information to Virgin.

“Right up until he informed Qantas of his new role at Velocity, was it suggested that the flow of information from Qantas should cease,” a Qantas spokesperson told The Australian.

The Australian’s Robyn Ironside reports that Qantas has applied to the Supreme Court of Singapore for an emergency injunction.

Switching employers in the airline industry is common enough. Qantas CEO Alan Joyce has previously worked at Aer Lingus and Ansett Australia.

A former Qantas executive has landed a job at Virgin Australia.

Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Published

2 hours ago

February 13, 2026

Harvey Vargas

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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#WallStreet #TechStocks #ArtificialIntelligence #StockMarket #Investing #MarketCrash #NASDAQ #FinanceNews

Money

U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

Published

1 day ago

February 12, 2026

Harvey Vargas

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

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#USJobsReport #FederalReserve #StockMarket #MacroRisks #JapanEconomy #GlobalMarkets #CurrencyTrading #EconomicUpdate

Money

Alphabet launches $20B bond to fund AI expansion

Alphabet’s $20B bond offering highlights investor confidence in AI growth, enabling funding without shareholder dilution.

Published

2 days ago

February 11, 2026

Harvey Vargas

Alphabet’s $20B bond offering highlights investor confidence in AI growth, enabling funding without shareholder dilution.

Alphabet has launched a record $20 billion bond offering to finance its massive AI infrastructure build-out, signalling strong investor confidence in the company’s growth strategy. The oversubscribed sale shows that investors are betting on Alphabet’s AI potential and long-term returns.

By using debt instead of equity, Alphabet can raise funds without diluting shareholders. The money will support AI research, advanced computing, and other strategic projects, cementing the company’s leadership in the sector.

Brad Gastwirth from Circular Technologies explains how corporate debt is reshaping tech financing and how investors perceive AI-linked bonds. This record issuance could set a trend for other tech companies looking to fund innovation.

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