Bloomberg

Moody's Marc Pinto says private credit has proven resilient through a recent liquidity crunch, with software-heavy BDC portfolios holding up and troubled borrowers still low at around 0.5%. Pinto, the Global Head of Private Credit at Moody's Ratings, says the sector should continue expanding, though elevated redemptions are likely through year-end before stabilising closer to 5%. Pinto discussed the outlook on Bloomberg The Opening Trade with Anna Edwards, Guy Johnson and Tom Mackenzie.

The French Trade Minister argued the EU will use tools if Donald Trump makes excessive threats to strategic industries, and is seeking to build a more 'predictable' trade relationship with the US. Nicolas Forissier spoke exclusively to Bloomberg TV ahead of France presiding a meeting of G7 Trade Ministers in Paris on Wednesday.

French Trade Minister Nicolas Forissier discusses the trade relationship between the European Union and the US as President Donald Trump threatened to raise tariffs on cars and trucks from the EU to 25%. EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement. "There was an agreement last July, and so now we have to implement it," Forissier tells Bloomberg Television.

The US and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire. But Former US Ambassador to Saudi Arabia, Robert W. Jordan told Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche that a flareup could mean the two parties are close to a deal.

Apple has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US. According to people familiar with the deliberations, Apple had early-stage talks with Intel about enlisting the company's chipmaking services. Apple executives also made visits to a Samsung plant under development in Texas. The move would offer a secondary option beyond longtime partner TSMC. Bloomberg's Neil Campling explains.

The US and Iran exchanged fire in the Persian Gulf in a flareup of violence on Monday that also drew in the United Arab Emirates. Bloomberg's Joumanna Bercetche reports.

Marc Franklin of Manulife Investment Management says the focus is on what are the cyclical and structural impacts of the Middle East conflict. Franklin says there's a "preference more towards the US" than Europe. He adds that within the equity market construct, the firm likes structural plays, such as tech and AI "which still seem to have good tailwinds."

Barry Sternlicht, Chairman and CEO at Starwood Capital Group, discusses the company's business strategy and investing in AI and data centers. He speaks with Romaine Bostick from the sidelines of the Milken Institute Global Conference in Beverly Hills.

State Street Chairman and CEO Ron O'Hanley discusses the company's strategic approach to the exploding ETF market, 'episodic' M&A, and the impacts of geopolitical risks in the markets. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.

Guggenheim Partners Investment Management CIO Anne Walsh discusses the outlook for the equity, oil and fixed income markets. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Walsh sees an extended Iran conflict as the big risk to markets and predicts one more Federal Reserve rate cut this year.