BAGHDAD / Reuters Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokesman Asim Jihad said. Iraq had initially set June 21 as the date to open the bids for the new blocks, located in border areas with Iran and Kuwait, and in offshore Gulf waters. Bidding documents will …

Bloomberg Embraer SA’s first new narrow-body jet is set to fly into commercial service this week to take on Bombardier Inc. But that’s just a prelude to the bigger battle emerging between heavyweights Boeing Co. and Airbus SE. At stake: possible orders from Air France-KLM, United Continental Holdings Inc., and JetBlue Airways Corp. The sales campaigns are a key test …

Bloomberg The liquidation of Toys ‘R’ Us Inc. has stoked fears about how the US toy industry will absorb the blow. But the shutdown of the company’s sister chain, Babies “R” Us, is setting off its own wave of disruption in the market for infant products. One of the biggest questions: What happens to all the customers who had baby …