Walmart Inc. $WMT, the largest global retailer, is enhancing its delivery capabilities by introducing drone services in five additional urban locations: Charlotte, North Carolina; Tampa, Florida; Atlanta; Houston; and Orlando. This strategic move aims to boost online sales and improve delivery speed, building upon existing infrastructure in Northwest Arkansas and Dallas-Fort Worth. Walmart's initiative is ground-breaking as it marks the first large-scale drone deployment across five U.S. states.

Virgin Australia, managed by Bain Capital $BCSF, is set to stage a comeback on the Australian Securities Exchange with an initial public offering valued at AUD 685 million (USD 443 million). Bain Capital expects to sell 30% of the company at a price of AUD 2.90 per share, implying a market capitalization close to AUD 2.3 billion. Trading is scheduled to begin in Sydney on June 24, positioning this IPO as the most significant aviation float in Asia over the past decade.

Nordic Capital, a major player in European private equity, has announced the postponement of its initial public offering for Noba Bank Group AB. The move follows heightened volatility in global equity markets, significantly impacting the timing of new stock listings. Despite robust fundamentals in consumer finance, unfavorable market dynamics prompted the delay.