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(Bloomberg) The European Bank for Reconstruction and Development is closing in on a decision to approve a capital increase of €4 billion ($4.3 billion) to support Ukraine’s reconstruction, according to people familiar with the matter. Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USUS Frustration With Israel Grows as Gaza Civilian Deaths MountS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets

San franciscoUnited statesJoe bidenBloomberg businessweekSwedish battery firmEuropean unionEuropean bankGermany rules out ammunitionStill headUkraine ports despite russian missileCash inflow again gains momentumOil exportsBattery firm targetsChinese president xi jinping