Amazon (AMZN.O) plans to raise at least $25 billion through a U.S. dollar bond offering.

NATO Secretary-General Rutte said the alliance needs a transatlantic defense-industrial revolution to counter challenges from rivals.

CITIC Securities research note says it remains strongly positive on Chinese-made gas turbines exporting overseas. Demand: Siemens Energy raised its multi-year annual gas-turbine demand estimate to about 110–120 GW (from 90–100 GW) on its latest call and reported no sign of demand slowing. Supply: Siemens described industry capacity additions as measured and said industrial gas-turbine expansion will not correct the supply–demand imbalance; over the medium term capacity, efficiency and life‑cycle cost matter more than short‑term availability, and industrial units cannot substitute for large-frame gas turbines. Siemens also flagged short lead-times as a scarce, premium-paying resource for data-center and hyperscale cloud projects. CITIC says recent price/volume pullbacks do not change the medium-term tight balance in the gas-turbine market.