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Bombardier’s marquee jets get $282mn Canada boost

  Bloomberg Canada’s government will provide C$372.5 million ($282 million) in support for Bombardier Inc. to help fund two jet programs, including the C Series, the single-aisle plane that competes with Boeing Co. and Airbus Group SE products. About a third of the so-called “repayable program contributions” will go to the C Series while the rest will bolster the Global ...

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Commerzbank profit falls on low rates, bad loan provisions

  Bloomberg Commerzbank AG reported a 5.2 percent decline in fourth-quarter profit as it set more money aside for troubled loans to the shipping industry and low interest rates continued to weigh on income from lending. Net income in the three months through December decreased to 183 million euros ($195.5 million) from 193 million euros a year earlier, according to ...

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Deutsche Bank analysts say time to short CMBS as retailers ail

  Bloomberg Analysts at Deutsche Bank AG, one of the biggest underwriters of bonds tied to US commercial real estate, say now it’s time to short indexes of the securities. The securities are vulnerable because they are supported by leases from retailers, a lagging part of the economy, wrote Ed Reardon and Simon Mui in a note late Tuesday. A ...

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