Highlights:

• Demand for Carbon Credits May Climb If Middle East War Drags On — A prolonged Middle East conflict could increase demand for carbon credits if LNG supply disruptions force industries toward cheaper, higher-emission fuels. Bloomberg Industries

• Medtronic Unit Raises $560 Million in US IPO Priced Below Range — MiniMed Group Inc., a diabetes management firm being separated from Medtronic, raised $560 million in an IPO priced below its marketed range. Bloomberg Industries

• Goldman Junior Bankers' Photo Shoot in Hermes, Tom Ford Sparks Blame Game — A magazine photo shoot featuring young Wall Street bankers, including Goldman Sachs employees discussing spending and dating, has triggered internal finger-pointing at the investment bank. Bloomberg Industries

• Banco Master's Vorcaro Moved to Federal Jail Due to Safety Risks — Daniel Vorcaro, owner of failed bank Banco Master, has been transferred under high security to a federal prison in Brasília. Bloomberg Industries

• Roark Weighs $2 Billion IPO of Dunkin' Owner Inspire — Roark Capital is considering an IPO of Inspire Brands, which owns Dunkin', Arby's, and Jimmy John's, potentially as soon as this year. Bloomberg Industries

• China's First Gaming Billionaire Aims to Create 'Smarter-Than-Man' AI — Shanda founder Chen Tianqiao is investing $2 billion of his personal fortune in AI development. Bloomberg Wealth

• JPMorgan's Co-Head of Shareholder Engagement Porretti Departs — Alfredo Porretti, co-head of JPMorgan Chase's shareholder engagement team, has left the bank. Bloomberg Industries

• Oil Hedging Desks Closing Out a Record-Breaking Week Brace for More — Oil producer hedging desks are navigating record activity as the Iran war continues with no signs of easing. Bloomberg Industries

• Lawmaker Urges Bessent to Scrutinize US Access for Chinese Cars — A Michigan Republican congressional leader has called on Treasury Secretary Scott Bessent to closely review any expansion of US market access for Chinese auto, battery, and vehicle technology manufacturers. Bloomberg Industries

• War in Iran Is Exposing Oil Risks Across Asia — The Iran conflict is creating energy security concerns for Asia's major economies amid global oil market volatility. Bloomberg Industries

• Iranian Missiles Shake Gulf Finance's Image of Stability — Dubai and Abu Dhabi's reputation as stable havens is being tested as the cities face direct exposure to the Iran conflict. Bloomberg Wealth

• Brazilian Banks to Pay $6 Billion After Banco Master Failure — Brazilian banks will contribute over $6 billion to the country's deposit insurance fund by month-end following Banco Master's collapse. [Bloomberg Wealth](https://www.bloomberg.com/news/articles/2026-03-05/brazilian-banks-to-pay-6-billion