High interest rates, driven by the Federal Reserve’s higher-for-longer policy, are shaking up how corporate loans get done, throwing into relief the role played by private-credit funds. https://ift.tt/hGkFZTH

Intercontinental Exchange has plowed more than $23 billion into an ambitious, yearslong bet to overhaul the plumbing of the mortgage market, closing its biggest mortgage deal so far last month. https://ift.tt/59zuLFQ

Nelson Peltz plans a fresh push for board seats at Disney following a relentless slide in the entertainment giant’s shares. https://ift.tt/0jJAefH

German Industrial Production Falls More Than Expected https://ift.tt/8nZd1ak

GSK Partners With Zhifei on Vaccines in China https://ift.tt/AehLSlz

Schaeffler Makes €3.6 Billion Bid for Vitesco https://ift.tt/itbKsEf

Metro Bank Agrees Funding Package with Investors https://ift.tt/mwdIH2p

West Maui officially reopened to tourists two months after a firestorm incinerated the town of Lahaina and killed at least 98 people. https://ift.tt/TPRDCbN

Russia, expelled from the United Nations Human Rights Council last year, is seeking to rejoin the Geneva-based body, defying Western nations’ efforts to isolate the country over its invasion of Ukraine. https://ift.tt/4ekNnb9

Bristol Myers Squibb, the biopharmaceutical company, will acquire Mirati Therapeutics in a transaction that values the oncology developer at up to $5.8 billion. https://ift.tt/K6rlOmx