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  • DETROIT, March 26- The Federal Reserve should remain on track to raise interest rates later this year despite the U.S. economy's weak start to the year and a stock market sell-off this week, two Fed officials said on Thursday. In separate events in Frankfurt and Detroit, St. Louis Fed President James Bullard and Atlanta Fed President Dennis Lockhart said U.S....

  • Pressure rises on Greece as savers drain bank deposits Thursday, 26 Mar 2015 | 11:25 AM ET

    The central bank of Greece said Thursday that private and business deposits dropped to 140.5 billion euros by the end of February. Some feared the clash could push Greece to bankruptcy and even cause it to fall out of the euro, a move that would devastate the country's financial system in the short term. Greece has its back against a wall as it badly needs money— it...

  • BERLIN, March 26- German Finance Minister Wolfgang Schaeuble said on Thursday that record low interest rates were causing considerable problems in Germany but added that he was not criticising the European Central Bank which needed to defend its inflation target. "We have an interest rate environment that is causing huge problems for us in Germany," he said at a...

  • *Named as Andreas Lubitz, a German citizen. Investigators and grieving relatives were left struggling to explain what motivated Andreas Lubitz, 28, to kill all 150 people on board the Airbus A320, including himself, in Wednesday's crash in the French Alps. He refused to re-open the door and sent plane into its fatal descent, Marseille prosecutor Brice Robin said.

  • Lufthansa CEO: There are no signs of terrorism   Thursday, 26 Mar 2015 | 10:08 AM ET
    Lufthansa CEO: There are no signs of terrorism

    CNBC's Phil LeBeau has the latest update from Lufthansa CEO on the Germanwings jet crash.

  • Co-pilot was 'very happy' with Germanwings job Thursday, 26 Mar 2015 | 10:03 AM ET

    MONTABAUR, Germany— Andreas Lubitz never appeared anything but thrilled to have landed a pilot's job with Germanwings, according to those who helped him learn to fly as a teenager in this town in the forested hills of western Germany. Members of his hometown flight club in Montabaur, where he renewed his glider license last fall, told The Associated Press that the...

  • *Named as Andreas Lubitz, a German citizen. Andreas Lubitz gained sole control of the aircraft after the captain left the cockpit, refused to re-open the door and appears to have operated controls, sending the plane into its fatal descent, Marseille prosecutor Brice Robin said. He did this "for a reason we cannot fathom right now but which looks like intent to...

  • Lufthansa CEO to update on Germanwings crash   Thursday, 26 Mar 2015 | 9:36 AM ET
    Lufthansa CEO to update on Germanwings crash

    CNBC's Phil LeBeau provides updates on Lufthansa CEO and his upcoming comments on the Germanwings jet crash.

  • VIENNA, March 26- The European Central Bank has asked euro zone lenders to detail their exposure to Austria and provisions they plan to make after the country halted debt repayments by a "bad bank" winding down defunct lender Hypo Alpe Adria, financial sources told Reuters. Austria- which like Germany and Britain has already adopted ahead of schedule the new...

  • *Named as Andreas Lubitz, a German citizen. PARIS/ SEYNE-LES-ALPES, March 26- The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday. German Andreas Lubitz, 28, left in sole control of the Airbus A320 after the...

  • SEYNE-LES-ALPES/ PARIS, March 26- Just one of the two pilots of the Germanwings airliner that crashed in the French Alps was in the cockpit at the time it went down, a German state prosecutor said on Thursday. The statement came after the New York Times reported that "black box" recordings showed one of the pilots had left the cockpit and could not get back in before the...

  • COLOGNE, Germany— CEO of Germanwings parent company Lufthansa: no indication what co-pilot's motive was.

  • European shares fall sharply, LSE and tech stocks weigh Thursday, 26 Mar 2015 | 5:35 AM ET

    LONDON, March 26- European shares fell on Thursday, with London Stock Exchange leading the market lower on news Borse Dubai will sell its full stake in the company and ARM Holdings extending the previous session's steep losses. London Stock Exchange shares fell 10 percent after a source familiar with the situation told Reuters that Borse Dubai, the LSE's...

  • FRANKFURT, March 26- Now may be a good time to start normalising U.S. monetary policy, Federal Reserve policymaker James Bullard said on Thursday. In the text of comments delivered to an audience in Frankfurt, St. Louis Fed President Bullard said doing that would direct policy "so that it is set appropriately for an improving economy over the next two years."

  • FRANKFURT, March 26- Now may be a good time to start normalizing U.S. monetary policy, Federal Reserve policymaker James Bullard said on Thursday. In the text of comments delivered to an audience in Frankfurt, Bullard said: "Now may be a good time to begin normalizing U.S. monetary policy so that it is set appropriately for an improving economy over the next two years."

  • *One of two pilots locked out of cockpit- New York Times. *Lufthansa says it has no information on Times report. SEYNE-LES-ALPES/ PARIS, March 26- Cockpit voice recordings from the German jet that crashed in the Alps showed one of the pilots left the cockpit and could not get back in before the plane went down, killing everyone onboard, the New York Times reported.

  • In Washington, U.S. State Department spokesman Jeff Rathke identified Robert Oliver as the third American citizen killed in the crash. He provided no further details Thursday, but Oliver's parents told Spain's La Sexta television channel their son lived in Barcelona and worked for the Desigual clothing company based in Spain's second-largest city.

  • PARIS— Passengers with moments to live screamed in terror and the pilot frantically pounded on the locked cockpit door as a 27- year-old German co-pilot deliberately and wordlessly smashed an Airbus carrying 150 people into an Alpine mountainside. "We have no idea of the reason," Marseille Prosecutor Brice Robin said, revealing the chilling conclusions...

  • LONDON, March 26- From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. Investment in fintech firms in Britain and Ireland swelled to $623 million last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by...

  • *One of two pilots locked out of cockpit- New York Times. *Lufthansa says it has no information on Times report. SEYNE-LES-ALPES/ PARIS, March 26- Cockpit voice recordings from the German jet that crashed in the Alps showed one of the pilots left the cockpit and could not get back in before the plane went down, killing everyone onboard, the New York Times reported.