Bloomberg The area near Los Angeles where Kobe Bryant’s helicopter crashed was blanketed by a thick layer of clouds and the craft’s engines were operating as it plummeted, a newly released report shows. The National Transportation Safety Board (NTSB) released several photographs provided by government agencies and individuals depicting the first hard evidence confirming early witness reports that the aircraft …

Bloomberg Oil declined for the fifth straight week as the spreading coronavirus clouded the demand outlook and Opec awaited Russia’s decision on whether to cut production. Futures in New York fell 2.4% for the week, posting the longest weekly losing streak since 2018. Chinese refiners are processing 15% less crude than before the outbreak as the infection crimps demand. Meanwhile, …

ADDIS ABABA / WAM Sanad Aerotech (Sanad), the leading provider of aircraft engine maintenance, repair and overhaul (MRO), solutions and part of Sanad – a wholly owned subsidiary of Mubadala Investment Company, elevated its business expansion ambitions in Africa by signing a landmark agreement with Ethiopian Airlines, the continent’s fastest growing airline and one of the reputed aviation brands in the …