Bloomberg Business

G-7 to Extend Crucial Support for Ukraine’s IMF Funding Bid

Group of Seven nations plan to offer key support for Ukraine’s effort to access International Monetary Fund financing by the end of March as IMF officials have begun talks with the US, people familiar with matter said.

Mercuria’s One-Time Heir Apparent Slashed His Stake in Trader

Mercuria Energy Group Ltd. head trader and one-time heir apparent Magid Shenouda has sharply reduced his equity stake, suggesting a possible shift in relationship with the other two men who control one of the world’s biggest energy traders.

Vanishing Cockpit Recordings Are Impeding Probes of Near-Crashes

Cockpit recordings from a series of recent air-safety incidents in the US, including three near-collisions on runways, aren’t available to investigators — raising questions about whether rules related to the devices are sufficient.

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