- New York area port prepares for possible US strike disruption
- Rodri 'irreplaceable' but Guardiola confident Man City will still compete
- Brook 'relieved' as maiden ODI hundred sets up first win as England captain
- Dior's arrows and Amazons as Saint Laurent revives its master
- Mbappe strikes again as Madrid hold off Alaves
- Nkunku hits Chelsea hat-trick, Man City edge into League Cup last 16
- Amnesty calls for commission to probe Kenya protest deaths
- Bolivian government rejects Morales ultimatum for cabinet reshuffle
- US Congress calls on Novo Nordisk to lower drug prices
- Stock markets advance on China stimulus
- Russia 'can only be forced into peace," Zelensky tells UN
- Hundred hero Brook keeps England alive in Australia ODI series
- Biden pleads for democracy in final UN address
- Brook's hundred sees England beat Australia in 3rd ODI
- Alarm grows as Israel and Hezbollah exchange intense fire
- NFL legend Favre reveals Parkinson's diagnosis
- Biden urges world to 'stop arming generals' in Sudan
- Defying experts, Trump vows tariff-driven US economic boom
- Stokes open to England white-ball return
- No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC
- Sri Lanka's new leftist leader dissolves parliament, calls snap polls
- England scrum-half Mitchell to see specialist on neck injury
- Under-pressure Masood to lead Pakistan in England Tests
- Storm Helene on track to hit Florida as major hurricane
- IOC should reinstate Russia as soon it obeys rules: Samaranch
- Dior unleashes arrows and Amazons at Paris Fashion Week
- San Siro loses 2027 Champions League final due to uncertain future
- Canada's Trudeau faces no-confidence vote
- AI research uncovers 300 ancient etchings in Peru's Nazca desert
- Brazil's Lula calls Security Council makeup 'unacceptable'
- Alarm grows as Israel launches new 'extensive' strikes on Lebanon
- Carey blasts Australia to 304-7 against England in 3rd ODI
- Biden warns against clinging to power in UN farewell
- Alarm grows as Israel launches new strikes on Lebanon
- Biden warns at UN against 'full-scale war' over Lebanon
- 'Monumental step' as Thai king signs same-sex marriage into law
- French lake still riddled with bombs 80 years after World War II
- Alberta Ferretti quits as creative director at brand she founded
- Two killed in Mexico as Hurricane John weakens to tropical storm
- Multiple arrests after US woman uses machine-assisted suicide in Switzerland
- Dubois will next fight Joshua or Usyk, 'whoever pays me the most'
- Stock markets surge on China stimulus
- Lopetegui ready to learn from mistakes as Liverpool loom in League Cup
- US Fed dissenter warns inflation risks remain 'prominent'
- UN chief warns Lebanon on 'brink' as world leaders gather
- Surprise start for Libbok as Etzebeth set for Springboks record
- Ten Hag says expanded schedules make injuries 'almost unavoidable'
- Liverpool boss Slot praises Alexander-Arnold's defensive work
- Barca coach backs Pena but will debate new goalkeeper signing
- UN says tens of thousands flee Lebanon strikes
European stocks, oil prices rise but euro hits 5-year dollar low
European stock markets and oil prices rose Wednesday after recent sharp losses but the euro struck a five-year low against the dollar as traders weighed widespread economic unrest.
Elsewhere, Europe's Dutch TTF gas price briefly rebounded after Russia's energy giant Gazprom stopped gas supplies to Bulgaria and Poland.
The two EU member nations had failed to pay in rubles despite President Vladimir Putin announcing that Russia would no longer accept payments in other currencies -- a retaliation for the West's economic sanctions against Moscow over its invasion of Ukraine.
Traders on Wednesday were unpicking "the familiar concerns about tech earnings, inflation, interest rates, China's lockdown... and the war in Ukraine", noted Markets.com analyst Neil Wilson.
Asian stock markets earlier closed lower but suffered losses less sharp than seen Tuesday on Wall Street.
The downbeat mood over the economy has been compounded by weak earnings from some of the world's biggest companies.
Tech firms, who rely on debt to drive growth, led Wall Street's plunge on fears that the Federal Reserve is at the beginning of a period of sharp interest-rate increases aimed at taming scorching inflation.
With the euro briefly dropping under $1.06 to record the lowest level since April 2017, analyst Wilson added that the "market clearly believes the Fed is going to town on rate hikes and the ECB is going to sit on its hands and do nothing".
While most Asian stock markets ended lower Wednesday, Shanghai bounced following a report that Chinese President Xi Jinping had committed to boosting infrastructure construction as a means of accelerating the economy.
The comments were the latest from China's top brass, which has made a series of promises in recent weeks to kickstart growth.
However analysts said this had been offset by the leaders' refusal to back away from their strict Covid lockdown strategy.
Oil prices -- which have recently been under pressure owing to worries about weaker Chinese demand -- jumped Wednesday in line with gas prices.
- Key figures at 1100 GMT -
London - FTSE 100: UP 0.9 percent at 7,453.97 points
Paris - CAC 40: UP 0.9 percent at 6,469.52
Frankfurt - DAX: UP 0.5 percent at 13,828.26
EURO STOXX 50: UP 0.6 percent at 3,745.19
Tokyo - Nikkei 225: DOWN 1.2 percent at 26,386.63 (close)
Hong Kong - Hang Seng Index: UP 0.1 percent at 19,946.36 (close)
Shanghai - Composite: UP 2.5 percent at 2,958.28 (close)
New York - Dow: DOWN 2.4 percent at 33,240.18 (close)
Brent North Sea crude: UP 0.2 percent at $105.23 per barrel
West Texas Intermediate: UP 0.3 percent at $102.04 per barrel
Euro/dollar: DOWN at $1.0609 from $1.0636 late Tuesday
Pound/dollar: UP at $1.2583 from $1.2576
Euro/pound: DOWN at 84.31 pence from 84.55 pence
Dollar/yen: UP at 127.89 yen from 127.21 yen
M.Odermatt--BTB