- Dubois destroys Joshua to retain IBF world heavyweight crown
- Guardiola says critics want Man City wiped 'from face of the Earth'
- Biden says 'Quad' is 'here to stay' despite challenges
- Dubois knocks out Joshua to retain IBF world heavyweight crown
- Vinicius helps 'faster' Madrid overturn stubborn Espanyol
- Zelensky to press US on long-range missile strikes inside Russia
- PSG drop first points in draw at Reims
- Vinicius, Mbappe on target as Madrid crush plucky Espanyol
- Jeeno leads Ko by two at LPGA Queen City Championship
- Bottega Veneta goes for 'E.T.' chic as Madonna pops into D&G
- Messi, Miami frustrated by New York late leveler
- Musk's X platform takes first step toward lifting Brazil ban
- 'Business as usual' for Australia match-winner Carey amid boos
- Israeli jets pound Lebanon after deadly Beirut strike
- Ten Hag bemoans Man Utd's lack of killer instinct in Palace stalemate
- France's Macron appoints new government in shift to right
- Cheika proud of Leicester grit after winning start as boss
- Profligate Man Utd pay price in 0-0 draw at Palace
- Kane, Olise run riot as Bayern thump Bremen
- Diaz fires Liverpool top of Premier League, Man Utd held at Palace
- LIV champion Rahm out of LIV Team semis with severe flu
- Slot surprised by tearful Nunez's moment of magic
- Title rivals Norris, Verstappen on 'cool' front row for Singapore GP
- Biden talks China with 'Quad' leaders in hometown summit
- Juve and Napoli play out goalless draw in early Serie A title tussle
- Alcaraz fears tennis tour grind will 'kill us'
- Carey sparks recovery as Australia thrash England in 2nd ODI
- Leclerc, Sainz lament 'disappointing' Saturday in Singapore
- Bottega Veneta holds investors' aces as Madonna pops into D&G
- Beirut digs for victims at building flattened in Israeli strike
- Verstappen stages protest over 'ridiculous' swearing punishment
- Bayern boss Kompany lauds 'special talent' Olise
- Diaz fires Liverpool top of Premier League, Spurs bounce back
- Heavy fire over Israel-Lebanon border after deadly Beirut strike
- Ramos guides unbeaten Toulouse to Montpellier win despite Hogg scuffle
- Myanmar flood death toll jumps to 384
- Chelsea owners 'happy' with win at West Ham amid rift report
- Kane and Olise run riot as Bayern thump Bremen
- Ramos guides unbeaten Toulouse to Montpellier win
- Norris pips Verstappen to dramatic Singapore pole after Sainz crash
- Carey takes Australia to 270 in 2nd ODI against England after collapse
- Two Hezbollah leaders killed in Israel's Beirut strike
- Hungary Danube waters reach decade high after Storm Boris
- Bagnaia cuts Martin's MotoGP lead with Emilia-Romagna sprint win
- Jackson double fires Chelsea to victory at woeful West Ham
- Fiji beat Japan to lift Pacific Nations Cup
- Kasatkina to face Haddad Maia in Korea Open final
- S.Africa snowfall closes roads, strands motorists overnight
- Lawyers of women alleging Al-Fayed sex abuse receive over 150 new enquiries
- President Museveni's son backs Ugandan strongman for 7th term
Eurozone stocks rise, euro slides as ECB holds fire
Eurozone stock markets rose Thursday while the euro slid as the European Central Bank remained vague about when it will raise interest rates in the face of soaring inflation.
Meanwhile oil prices, whose recent surge has contributed to inflation around the globe reaching the highest levels in decades, came off the boil.
The ECB stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.
Meeting for the second time since the outbreak of the conflict, the bank's 25-member governing council stuck to a plan that "should" see its bond-buying scheme come to an end in the third quarter.
An interest rate hike would follow "some time" after the stimulus programme comes to an end, and any increases "will be gradual".
The decision leaves the ECB further out of step with many of its peers. Central banks such as the Bank of England, US Federal Reserve and the Bank of Canada have already triggered their first interest rate rises in response to soaring inflation.
Prices were already soaring in major economies when Russia's invasion in late February sent shockwaves through the global energy, food and commodity markets.
Data this week from the United States -- the world's biggest economy -- showed inflation at a level not seen in 40 years.
The euro took a knock after the ECB's decision, losing ground against the dollar and pound.
However, eurozone stocks rose, with Frankfurt and Paris both rising 0.8 percent in afternoon trading.
Wall Street opened higher although another major bank reported a big fall in profits and set aside money due to Russia's invasion of Ukraine.
Citigroup said its first quarter profits tumbled 46 percent to $4.3 billion, in a similar performance to JPMorgan Chase which reported Wednesday a sharp drop in profits and warned of downside risks from the Ukraine war and surging inflation.
Citigroup said it set aside $1.9 billion in reserves due to Russia's invasion of Ukraine.
Elsewhere on the corporate front, Tesla chief Elon Musk launched a hostile takeover bid for Twitter, offering to buy 100 percent of its stock and take it private, according to a stock exchange filing.
Musk offered $54.20 a share, but the company's share price only rose by around 2.4 percent to $46.90 after 10 minutes of trading.
Despite falling Thursday, both main oil contracts stayed firmly above the $100 per barrel mark, with fears swirling about global supply constraints over the invasion of Ukraine by Russia -- a major producer of oil and gas.
- Key figures around 1330 GMT -
Frankfurt - DAX: UP 0.8 percent at 14,185.2 points
Paris - CAC 40: UP 0.8 percent at 6,594.80
EURO STOXX 50: UP 0.7 percent at 3,785.59
London - FTSE 100: UP 0.5 percent at 7,619.60
New York - Dow: UP 0.5 percent at 34,735.73
Tokyo - Nikkei 225: UP 1.2 percent at 27,172.00 (close)
Hong Kong - Hang Seng: UP 0.7 percent at 21,518.08 (close)
Shanghai - Composite: UP 1.2 percent at 3,225.64 (close)
Brent North Sea crude: DOWN 1.3 percent at 107.44 per barrel
West Texas Intermediate: DOWN 1.5 percent at 102.80 per barrel
Euro/dollar - DOWN at $1.0829 from $1.0894 at 2100 GMT
Pound/dollar - DOWN at $1.3085 from $1.3109
Euro/pound - DOWN at 82.78 pence from 83.03 pence
Dollar/yen - DOWN at 125.53 from 125.59
W.Lapointe--BTB