Author name: Commodities Market Writer

The expansion of the partnership between Qatar Investment Authority and General Atlantic was a “great opportunity” said Chairman and CEO Bill Ford, after QIA announced it was committing $500 million to General Atlantic’s global growth equity investment strategies. Ford made the comments in an interview with BTV’s Joumanna Bercetche on Tuesday. (Source: Bloomberg)

Traffic in the Strait of Hormuz remains at a standstill, with the US President saying the ceasefire is on “massive life support”. Dubravko Lakos, Global Head of Market Strategy at JPMorgan, says inventories have helped to offset to the energy shock so far, but we’re now heading towards so-called “operational stress levels” that could potentially force the reopening of the Strait. Lakos joined Bloomberg’s Francine Lacqua at JPMorgan’s Global Markets Conference in Paris. (Source: Bloomberg)

EQT AB has made a fourth and final bid to acquire Intertek Group Plc as the British product-testing company comes under increasing pressure from its investors to pursue a deal.

Munich Re said it has investments of as much as €2.5 billion ($2.9 billion) in private credit, an asset class that has been facing fund redemptions and scrutiny of underwriting standards.

The France-Africa summit has mobilized deals amounting to 23 billion euros ($27 billion), according to President Emmanuel Macron.

An ink shortage caused by the Middle East conflict is forcing Japan’s biggest potato-chip maker to tone down its packaging, the latest sign that a widening raw-materials crunch is rippling through global markets.