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- Closing arguments coming in US-Google antitrust trial on ad tech
- Galaxy hit Minnesota for six, Orlando end Atlanta run
- Left-wing candidate Orsi wins Uruguay presidential election
- High stakes as Bayern host PSG amid European wobbles
- Australia's most decorated Olympian McKeon retires from swimming
- Far-right candidate surprises in Romania elections, setting up run-off with PM
- Left-wing candidate Orsi projected to win Uruguay election
- UAE arrests three after Israeli rabbi killed
- Five days after Bruins firing, Montgomery named NHL Blues coach
- Orlando beat Atlanta in MLS playoffs to set up Red Bulls clash
- American McNealy takes first PGA title with closing birdie
- Sampaoli beaten on Rennes debut as angry fans disrupt Nantes loss
- Chiefs edge Panthers, Lions rip Colts as Dallas stuns Washington
- Uruguayans vote in tight race for president
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- 'Crucial week': make-or-break plastic pollution treaty talks begin
- Israel, Hezbollah in heavy exchanges of fire despite EU ceasefire call
- Amorim predicts Man Utd pain as he faces up to huge task
- Basel backs splashing the cash to host Eurovision
- Petrol industry embraces plastics while navigating energy shift
- Italy Davis Cup winner Sinner 'heartbroken' over doping accusations
- Romania PM fends off far-right challenge in presidential first round
- Japan coach Jones abused by 'some clown' on Twickenham return
- Springbok Du Toit named World Player of the Year for second time
- Iran says will hold nuclear talks with France, Germany, UK on Friday
- Mbappe on target as Real Madrid cruise to Leganes win
- Sampaoli beaten on Rennes debut as fans disrupt Nantes loss
- Israel records 250 launches from Lebanon as Hezbollah targets Tel Aviv, south
- Australia coach Schmidt still positive about Lions after Scotland loss
- Man Utd 'confused' and 'afraid' as Ipswich hold Amorim to debut draw
- Sinner completes year to remember as Italy retain Davis Cup
- Climate finance's 'new era' shows new political realities
- Lukaku keeps Napoli top of Serie A with Roma winner
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- England thrash Japan 59-14 to snap five-match losing streak
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- Tuipulotu try helps Scotland end Australia's bid for Grand Slam
- Truce called after 82 killed in Pakistan sectarian clashes
- Salah wants Liverpool to pile on misery for Man City after sinking Saints
- Berrettini takes Italy to brink of Davis Cup defence
- Lille condemn Sampaoli to defeat on Rennes debut
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Oil prices jump, Europe stocks sink on Ukraine invasion
World oil prices rallied and European equities sank Tuesday with investors unnerved by key crude producer Russia's attack on Ukraine.
Brent oil surged more than five percent to top $103 per barrel and approach recent 2014 peaks, on the eve of a key output meeting of OPEC and non-member producers including Russia.
Frankfurt and Paris stock markets meanwhile accelerated losses to shed around three percent in early afternoon deals.
London slid 1.4 percent, as investors shrugged off Asian gains.
"European stocks are once again heading lower with Russia/Ukraine headlines continuing to hurt sentiment," City Index analyst Fiona Cincotta told AFP.
"Losses on the FTSE are modest, thanks to a strong performance from resource stocks, as commodity prices rise."
Frankfurt's steeper losses were "unsurprising given Germany's reliance on Russian energy", she added.
Bitcoin gained five percent to $43,603 with strong support for the world's most popular cryptocurrency in Russia, where many investors are seeking shelter from the nation's sanctions-ravaged economy.
Key European stocks indices had also fallen Monday after world powers imposed new sanctions on Russia.
With no let-up in the assault on its neighbour, Russia has been pummelled by a series of widespread and debilitating sanctions.
The measures have sent the ruble crashing to a record low, hammered Russia's stock market and forced the central bank to more than double interest rates to 20 percent.
The Moscow Stock Exchange remained shut on Tuesday in an attempt by authorities to stave off another widely expected dramatic sell-off.
The crisis has also ramped up fears about supplies of crucial commodities from the region including wheat and nickel but particularly crude, just as demand surges owing to economic reopenings.
The conflict provides an extra headache for global central banks, who will likely have to recalibrate their plans to tighten monetary policy as they try to support their economies.
Back in London, Shell's share price dipped 0.7 percent after the energy major announced it would sell its stake in all joint ventures with Gazprom, following Russia's invasion of Ukraine.
The news came after rival energy titan BP also signalled its exit from Russia.
TotalEnergies on Tuesday said while it would stop providing capital for new projects in Russia, the French giant was not withdrawing from current projects in the country.
Nevertheless, "there has been a mass exodus by Western companies from Russia in recent days as the Kremlin looks increasingly isolated and fragile", said Hargreaves Lansdown analyst Sophie Lund-Yates.
"It is clear that while most pain will be felt by Moscow, these decisions will weigh on European businesses too, which will come through in their next quarterly results," she noted.
- Key figures around 1145 GMT -
Brent North Sea crude: UP 5.3 percent at $103.22 per barrel
West Texas Intermediate: UP 3.4 percent at $98.96 per barrel
London - FTSE 100: DOWN 1.3 percent at 7,365.10 points
Frankfurt - DAX: DOWN 2.7 percent at 14,072.50
Paris - CAC 40: DOWN 3.0 percent at 6,456.29
EURO STOXX 50: DOWN 3.0 percent at 3,807.39
Tokyo - Nikkei 225: UP 1.2 percent at 26,844.72 (close)
Hong Kong - Hang Seng Index: UP 0.2 percent at 22,761.71 (close)
Shanghai - Composite: UP 0.8 percent at 3,488.83 (close)
New York - Dow: DOWN 0.5 percent at 33,892.60 (close)
Euro/dollar: DOWN at $1.1189 from $1.1219 late Monday
Pound/dollar: DOWN at $1.3413 from $1.3420
Euro/pound: DOWN at 83.31 pence from 83.60 pence
Dollar/yen: DOWN at 114.78 yen from 115.00 yen
F.Pavlenko--BTB