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  • MONTABAUR, Germany, March 27- The German pilot believed to have deliberately crashed a plane in the French Alps killing 150 people broke off his training six years ago due to depression and spent over a year in psychiatric treatment, a German newspaper reported on Friday. The story in German tabloid Bild came a day after French prosecutors said they believed...

  • AMSTERDAM, March 27- A major power outage hit large parts of Amsterdam and the surrounding province of North Holland on Friday, prompting the cancellation of all flights to and from the city's Schiphol airport. The outage was caused by a "technical fault" at a substation in the Amsterdam suburb of Diemen, it said on its Twitter feed. Frankfurt airport operator...

  • LONDON, March 27- Emerging market stocks were trading lower on Friday and set for a weekly loss as a strong dollar lured investors away and worries about stability in the Middle East depressed investor sentiment. The MSCI emerging equities index was 0.4 percent lower while the Asia excluding Japan benchmark eased 0.1 percent. "Oil has again taken centre stage as...

  • *Crude dips as market reassesses conflict in Yemen. Asian shares dropped overnight but the pan-European FTSEurofirst tip-toed higher as a 0.2 percent fall for Britain's FTSE was offset by 0.6 and 0.1 percent gains on Germany's DAX and France's CAC 40.. "I'm not surprised that European shares are fading their gains," said Gavin Friend, a strategist at National...

  • SINGAPORE/ SYDNEY, March 27- As investigators probe why a young German pilot deliberately crashed an Airbus A320 passenger jet into the French Alps on Tuesday, pilots and psychologists warn there is no foolproof way to prevent similar incidents in the future. Asian airlines including Cathay Pacific, Japan Airlines, Qantas Airways and Singapore Airlines said...

  • *Yemen sits on Bab el- Mandeb Strait supply chokepoint. LONDON, March 27- Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia- led air strikes in Yemen. Oil jumped around 5 percent on Thursday, its biggest daily gain in a month, after air strikes in Yemen by Saudi Arabia and its Gulf...

  • ALL FLIGHTS TO SCHIPHOL AIRPORT DIVERTING TO OTHER REGIONAL AIRPORTS- SPOKESWOMAN.

  • AMSTERDAM AIRPORT SCHIPHOL CANCELS FLIGHTS AFTER MAJOR POWER OUTAGE- AIRPORT SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage, which covered large parts of the province of North Holland including the nearby broadcasting centre of Hilversum, was caused by a fault at a high-voltage electricity...

  • AMSTERDAM, March 27- A major power outage hit the Dutch capital Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage covered large parts of the province of North Holland, including the nearby broadcasting centre of Hilversum. Schiphol airport had a temporary outage...

  • LONDON, March 27- The dollar climbed broadly on Friday, extending a rebound begun the previous day after Federal Reserve officials signaled they were still on track to raise interest rates this year. "It's pretty clear that the market psychology is still to buy the dollar on dips, and hence we had this huge reversal in the dollar," said Alvin Tan, a currency strategist...

  • MAJOR POWER OUTAGE HITS DUTCH CAPITAL AMSTERDAM, SURROUNDING AREAS.

  • HONG KONG/ SYDNEY, March 27- U.S. energy firm Chevron is seeking to sell its entire stake in Caltex Australia Ltd for about A $4.6 billion, exiting Australia's biggest refiner after nearly 40 years as falling oil prices and high costs hurt margins. A successful sale of Chevron's 50 percent stake, which the company is offering at a discount to market prices, would make...

  • *Market optimistic Portugal will regain investment status. *Fitch to review Portugal credit rating after Europe close. "We could see Portugal moved up to investment grade later today and that could produce a bit of forced buying from index trackers or some accounts may have to up their Portugal exposure.

  • MADRID, March 27- Andorra will create a' bad bank' to group the assets of Banca Privada d' Andorra linked to illicit activity, it said late on Thursday, as the principality battles to rebuild the reputation of its banking system. Andorra, a small mountainous state whose economy relies heavily on financial services, took control of BPA this month after the U.S....

  • *Novo to submit interim trial data for Tresiba with FDA. The drug was rebuffed by the FDA two years ago. Citigroup's Peter Verdult said he believed the odds of U.S. approval were greater than 90 percent, given a small group of Novo staff sitting behind a communications "firewall" had already discussed the data with FDA.

  • LJUBLJANA, March 27- Slovenia has sold its second largest bank Nova KBM to investment fund Apollo for about 200 million euros, daily newspaper Delo said on Friday, citing unofficial sources close to the bank. The bank received a state capital injection of 870 million euros in 2013 as a part of a broader rescue package to prevent Slovenia's banks from collapsing...

  • March 27- Hong Kong stocks ended flat on Friday, with banking heavyweights down but property stocks firmer after news of government measures to support the real estate sector. Bank of Communications Co Ltd said on Thursday its bad loan ratio rose to 1.25 percent, the highest level since 2010.. Among the most actively traded stocks on Hong Kong's main board were...

  • PARIS, March 27- European stocks rose in early trade on Friday, halting a sharp two-day retreat as a renewed fall in the euro currency helped boost the shares of exporting companies. The euro fell back on Friday, trading at $1.0811, well below Thursday's intraday high of $1.10525. Shares in Denmark's Novo Nordisk featured among the top gainers, up 13 percent after...

  • MOSCOW, March 27- Russia's Finance Minister Anton Siluanov said on Friday that it was unlikely that oil prices would rise to $70 per barrel in the coming years.