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  • Spain to invest $1.5 billion in commuter train service Wednesday, 6 May 2015 | 5:53 AM ET

    MADRID— Spain says it will invest 1.3 billion euros in improving its commuter train system, the biggest such investment since the service began two decades ago. Spain made cutbacks in public services in recent years because of the economic crisis. The plan was announced as the ruling conservative Popular Party prepares for municipal and regional elections...

  • Authorities are still puzzling over why Andreas Lubitz, who had suffered from suicidal tendencies and depression in the past, locked the captain out of the cockpit on March 24 and sent Flight 9525 from Barcelona to Duesseldorf straight into a mountain, killing all 150 people on board. The revelation about the earlier flight that day from Duesseldorf to...

  • DIARY- Top Economic Events to May 18 Tuesday, 5 May 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. WASHINGTON- Federal Reserve Bank of Kansas City President Esther George...

  • A lasting deal to give Greece more cash, however, wasn't expected by May 11, when the eurozone finance ministers will meet next. In the meantime, Greece will have to scrounge for cash to make a 750 million-euro repayment to the International Monetary Fund the following day. "That is the signal that everyone is waiting for, both in Greece and by its partners."

  • Business events scheduled for the coming week Friday, 1 May 2015 | 1:20 PM ET

    WASHINGTON— Commerce Department releases factory orders for March, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Institute for Supply Management releases its service sector index for April, 10 a.m.. WASHINGTON— Labor Department releases first-quarter productivity data, 8:30 a.m..

  • Argentina's capital is world capital of bookstores Friday, 1 May 2015 | 12:00 AM ET

    From hole-in-the-wall joints with used copies of works by Jorge Luis Borges, Miguel de Cervantes and Gabriel Garcia Marquez to elegant buildings with the latest children's books in several languages, Buenos Aires is filled with locales that pay homage to print. With a population of 2.8 million people within the city limits, there are 25 bookstores for every...

  • Business events scheduled for the coming week Thursday, 30 Apr 2015 | 1:27 PM ET

    WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Institute for Supply Management releases its service sector index for April, 10 a.m.. WASHINGTON— Labor Department releases first-quarter productivity data, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage...

  • Spain, Egypt to study Cairo-Luxor bullet train link Thursday, 30 Apr 2015 | 7:29 AM ET

    MADRID— Spain and Egypt have agreed to study the feasibility of a bullet-train link between the Egyptian capital of Cairo and the ancient southern city of Luxor. The agreement was signed Thursday by the countries' economy ministers during a one-day visit to Spain by Egyptian President Abdel-Fattah el-Sissi, Spain's Economy Ministry said.

  • FAA had questioned mental health of Germanwings pilot Thursday, 30 Apr 2015 | 7:24 AM ET

    The records, posted online by the FAA in response to a Freedom of Information Act request, show that Andreas Lubitz had applied for a U.S. pilot license while he was employed by Lufthansa, the parent company of Germanwings, and was training to be an airline pilot at a flight school in Phoenix in 2010. As part of the application, he initially submitted a medical form to...

  • MADRID— Spain's National Statistics Institute says the economy grew by 0.9 percent in the first quarter compared to the previous three-month period, its strongest rate since before the economic crisis began in 2007.. It was Spain's seventh consecutive quarterly growth figure. The ruling conservative Popular Party hopes the recovery can stem its plunging...

  • FAA had questioned mental health of Germanwings pilot Wednesday, 29 Apr 2015 | 5:27 PM ET

    The records, posted online by the FAA in response to a Freedom of Information Act request, show Andreas Lubitz applied for a U.S. pilot license while he was employed by Lufthansa, the parent company of Germanwings, and was training to be an airline pilot at a flight school in Phoenix in 2010. As part of the application, he initially submitted a medical form to the FAA...

  • April 29- General Motors Co said it is likely it will cease vehicle production in Venezuela in July as the automaker joins other U.S. corporations in taking action to shield their profits from the South American country's volatile currency. GM has one plant in Venezuela, in Valencia, where it builds the Chevrolet Aveo and Cruze cars, the Orlando crossover vehicle...

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.

  • DIARY- Top Economic Events to May 12 Tuesday, 28 Apr 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Division of Banking Supervision and Regulation Deputy Director Mark van der Weide testifies on insurance regulation before the House Financial Services subcommittee on housing and insurance- 1400 GMT. Treasury Under Secretary for International Affairs Nathan Sheets speaks on "What to Expect from the Next U.S.- China...

  • CARACAS, Venezuela— The Venezuelan unit of General Motors is firing 13 percent of its workforce as a shortage of dollars idle assembly lines across the oil-rich South American country. Autoworker union representatives said Tuesday that an arbitration panel had given GM permission to lay off 446 employees at its factory in the coastal city of Valencia.

  • LG's new G4 phones will have leather backs Tuesday, 28 Apr 2015 | 11:56 AM ET

    LG's mobile chief, Juno Cho, said a wireless trade show in Barcelona, Spain, last month confirmed LG's belief that smartphones have become clones of one another. "I was almost shocked," Cho told The Associated Press. Apple and Samsung dominate the smartphone market, with LG Electronics Inc. and other companies vying for third place with market shares of less than 5...

  • European markets close: UK GDP slowing down   Tuesday, 28 Apr 2015 | 11:21 AM ET
    European markets close: UK GDP slowing down

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including slowing UK Q1 GDP growth and European healthcare.

  • MADRID— A Spanish investigative magistrate has opened a probe into possible money laundering at Banco de Madrid SA, a unit of Andorra's Banca Privada d' Andorra accused by the U.S. of helping groups from China, Russia and Venezuela launder money. The National Court said Tuesday that Judge Fernando Andreu had opened an investigation into the bank and its seven...

  • *Longer-term outlook for Spain's economy unclear. MADRID, April 28- At Diego Manrique's second-hand car dealership on the outskirts of Madrid, business is picking up. This recovery in consumer confidence is underpinning official forecasts for a rise in Spain's growth to 2.9 percent this year from last September's 2 percent.

  • Google to extend branch to news publishers Monday, 27 Apr 2015 | 7:40 PM ET
    The European Union accused Google Inc on Wednesday of cheating competitors by distorting Internet search results in favour of its Google Shopping service and also launched an antitrust probe into its Android mobile operating system

    Google is considering changes to its news service to aid publishers who have been struggling to make money, reports The Financial Times.