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PJT Partners Chair and CEO Paul Taubman says M&A activity isn't accelerating but at healthy levels. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Taubman calls the private credit market's issues a "public relations" challenge.

"It's a little bit of a head-scratcher as to why the markets are as robust as they are," Armen Panossian, co-CEO and head of performing credit at Oaktree, says. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Panossian warns investors are underestimating the fundamental risks facing the credit market.

The US says a Navy ship was not hit by Iranian missiles then forced to retreat near the Gulf of Oman. Meanwhile, the White House says the US will escort any stranded ships trying to go through the Strait of Hormuz. Bloomberg's Tyler Kendall has the latest.

Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, explains the reasons he sees for the Federal Reserve to not cut interest rates at this time and discusses expected changes under Fed Chair nominee Kevin Warsh and Jerome Powell's decision to continue to serve as a Fed governor when his term as chair expires. His opinions are his own.

Emaar Properties CEO Mohamed Alabbar says that Dubai's property market remains resilient despite regional tensions, citing strong buyer confidence and stable collections across customers. While acknowledging short-term supply chain disruptions linked to the Strait of Hormuz closure, Alabbar expects a quick regional rebound. He spoke with Bloomberg TV's Joumanna Bercetche from the sidelines of MIITE in Abu Dhabi.

US President Donald Trump announced a fresh plan to help vessels through the Strait of Hormuz as attacks continue and traffic remains at a near standstill. Meanwhile, Tasnim reports that Iran "redefined the control zone" in the Strait of Hormuz on Monday. Tyler Kendall reports on Bloomberg Television.

Political tensions are rising in Senegal, with President Faye warning his own ruling party could be at risk of collapse as a rift with the Prime Minister deepens. Chief Africa correspondent, Jennifer Zabasajja, explains on Horizons Middle East & Africa.

GameStop is proposing to buy eBay for about $56 billion in cash and stock, offering $125 per share in cash and stock for the online marketplace, or about a 20% premium to its Friday close. Neil Campling reports on Bloomberg Television.

Europe is ready to respond should US President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%, according to Eurogroup President Kyriakos Pierrakakis. "The number one choice is always dialogue we want to be a predictable partner in the international economy, we believe in the transatlantic relationship," he told Bloomberg Television. "But having said this, if there is a deviation from what we have agreed upon, obviously all options are on the table and all choices will be on the table", Pierrakakis told Bloomberg's Oliver Crook on Monday.

Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV <GO>.

Global electric vehicle pioneer Vmoto (ASX:VMT) announced an agreement with Spanish-based MotoGP Sport Entertainment Group.

Connected Minerals (ASX:CML) announced a pivotal binding conditional agreement to acquire 100% of Frontier Group CRM.