Shares of Eli Lilly & Co and Novo Nordisk A/S rose on a report that the companies were preparing to announce new deals with the White House to lower prices for weight-loss drugs in exchange for coverage under Medicare.

Amazon.com Inc. alleges that a Berkshire Hathaway Inc.-owned utility in Oregon is failing to provide sufficient power for four new data center facilities, highlighting the strain rapid expansion of technology facilities is putting on the electric grid.

One of the largest players in private credit expects the trend of ever bigger deals to move across the Atlantic to Europe.

Russia’s seaborne crude shipments fell sharply, dropping by the most since January 2024, as the latest US sanctions led key buyers to shy away from Moscow’s oil. Cargo discharges have been hit even harder than loadings, with oil on the water surging.

The world’s top bankers and investors warned of headwinds ranging from systemic risks in the US insurance sector to President Donald Trump’s immigration crackdown, underscoring an array of concerns even as markets steam ahead.

UBS Group AG’s chairman warned against looming risks in the US insurance industry, citing weak and complex regulations amid an unprecedented boom in private financing.