BEIRUT / Reuters Lebanon’s Blom Bank reported a 3.5 percent year-on-year rise in first-quarter net profit, it said in a statement on Saturday. Net profit for the three months to the end of March was $112.03 million, it said. The bank had reported a $108.23 million net profit for the same period a year ago. It is Lebanon’s second-largest ...

  Bloomberg Boeing Co.’s allegations that Bombardier Inc. sold C Series passenger jets at unfairly low prices are ‘absurd,’ the Canadian planemaker said, raising the volume in an increasingly noisy relationship between the US and Canada. Boeing’s contention that Delta Air Lines Inc. purchased jets for $19.6 million apiece, ‘is plain wrong,’ Bombardier spokesman Bryan Tucker said in an interview. ...

  DUBAI / Reuters Malaysia Airlines is close to launching a new airline that will use its six Airbus A380s to fly passengers undertaking the Muslim pilgrimages of Haj and Umrah, Chief Executive Peter Bellew said. Bellew said that all the key personnel, apart from a chief executive, have been appointed and are likely to be announced in the next ...