Canva's major AI acquisition | Rex Airlines hits turbulence | Maccas hurt by its expensive burgers

What the Flux

Canva has announced that it will acquire AI startup Leonardo.Ai in a big deal for Australia’s start-up ecosystem.

Rex Airlines shares are in a trading halt as it tries to find a way to stay out of administration.

McDonald’s sales have fallen for the first time in 13 quarters after Maccas’ Big Macs are pricing people out of the fast-food market.

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