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Geopolitical risks are rising as the Iran conflict threatens global markets. Bloomberg economist Stuart Paul and Marko Papic of BCA join Bloomberg Open Interest to break down the scenarios, including "kinetic equilibrium" where tensions persist but oil keeps flowing. Meanwhile, higher energy prices are hitting consumers and slowing growth, with China emerging as a key player in shaping the outcome.

Anthropic PBC is considering going public as soon as in October, according to people familiar with the matter, as the artificial intelligence company races with rival OpenAI Inc. to hold an initial public offering. Ed Ludlow of Bloomberg Tech reports.

On this episode of Stock Movers: Unity Software (U) rose on a strong earnings forecast and news that it plans to sell its video-game publisher and close its advertising unit to focus on better business. Absolut owner Pernod-Ricard (RI FP) and Jack Daniel's maker Brown-Forman (BF/B) both rose on the news of a potential merger between France's largest alcohol producer and a top producer of American whisky. The companies are describing it as a 'merger of equals.'

On this episode of Stock Movers: Unity Software (U) rose on a strong earnings forecast and news that it plans to sell its video-game publisher and close its advertising unit to focus on better business. Absolut owner Pernod-Ricard (RI FP) and Jack Daniel's maker Brown-Foreman (BF/B) both rose on the news of a potential merger between France's largest alcohol producer and a top producer of American whisky. The companies are describing it as a 'merger of equals.'

Angola is tapping Eurobond markets as strong oil prices and improving macro fundamentals create an opportunity to boost external buffers. Finance Minister Vera Daves de Sousa speaks to Bloomberg's Jennifer Zabasajja.

Bob Michele, global head of fixed income at JPMorgan Asset Management, says, 'let the markets go wherever they're going," as he discusses the impact of the war in Iran and the prospect of inflation on the bond market.

"There really aren't any hedges in this context," says Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, as he explains how the firm is bringing down risk in the current market environment.

French Foreign Affairs Ministry Spokesperson Pascal Confavreux speaks to Bloomberg's Oliver Crook as the G-7 gather in France, with Rubio in attendance to sell the Iran war to skeptical allies.

Pernod Ricard and Brown-Forman are discussing a merger to consolidate amid an industry downturn. A combination would bring together Pernod's brands like Martell Cognac and Absolut Vodka with Brown-Forman's whiskeys such as Jack Daniel's and other brands including Fords Gin and Herradura tequila. Bloomberg's Manuel Baigorri reports.

Lizzy Burden, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."