Bloomberg Wal-Mart Stores Inc. sold yen bonds for the first time in seven years, taking advantage of falling fundraising costs and Japanese demand for securities issued by well-known US firms. The US retailer offered 170 billion yen ($1.5 billion) of five-year, seven-year and 10-year notes, in its first yen issuance since selling 100 billion yen of debt in July 2010. ...

Abu Dhabi / Emirates Business Etihad Holidays has launched operations in Saudi Arabia, Kuwait, Oman and Bahrain to provide a wide choice of package holiday options to travellers in the four countries. The move follows the successful introduction of Etihad Airways’ holiday division in the UAE, UK, Germany, India and North America. Launched in 2004, Etihad Holidays offers dynamically packaged ...

Bloomberg Chinese aircraft builder Comac won approval from the nation’s aviation regulator to start mass production of its homemade ARJ21 regional jet, paving the way for deliveries to customers. The Civil Aviation Administration of China issued production certificates for the 90-seater Advanced Regional Jet, state-owned Commercial Aircraft Corp. of China Ltd., or Comac, said in a statement, adding it aims ...