WASHINGTON / WAM The World Bank expects the UAE economy to grow by 5% in …
Read More »Wal-Mart sells $6bn of debt as battle with Amazon heats up
Bloomberg Wal-Mart Stores Inc. sold bonds to refinance debt as it girds for an online battle against Amazon.com Inc. The world’s largest retailer issued $6 billion of unsecured bonds in six parts, according to a person with knowledge of the matter, after cutting a three-year floating rate note from the offering. The longest portion, a 30-year security, yields 75 basis …
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