- Muslim women break taboos navigating east London's waterways
- Nepal dam-building spree powers electric vehicle boom
- More than 60 dead from storm Helene as rescue, cleanup efforts grow
- Dozens missing, 9 dead in migrant boat wreck off Spanish Canaries
- Death toll from Hurricane John hits eight in Mexico
- Storm Helene's toll rises as rescue and cleanup efforts gain pace
- SpaceX launches mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding as cleanup begins
- SpaceX set to launch mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding
- Boeing strike grinds on as latest talks fail to reach agreement
- Iran 'news' sites, hackers target Trump ahead of US election
- US ports brace for potential dockworkers strike
- Japan's speedy, spotless Shinkansen bullet trains turn 60
- US hurricane deaths rise to 44, fears of more 'catastrophic' flooding
- Global stocks mostly rise, cheering Beijing stimulus
- Europe en route for Moon with new simulator, says astronaut Pesquet
- Fireworks forecast if comet survives risky Sun flypast
- Argentina judge orders dictionary to delete pejorative definition of 'Jewish'
- Global stocks rise on rate hopes, Beijing stimulus
- S.African woman turns 118, among the oldest in the world
- UK clears $4 bn AI partnership between Amazon, Anthropic
- Barca fans barred from Champions League away game over racist banner
- Chinese stocks extend surge, Europe higher on Beijing stimulus
- Pope says Church must 'seek forgiveness' for child sexual abuse
- China caps week of 'bazooka' stimulus for ailing economy with rate cut
- Cuts, cash, credit: China bids to jumpstart flagging economy
- France's debt weighs heavier ahead of budget debate
- Iran treads carefully, backing Hezbollah while avoiding war
- Return to sender: waste stranded at sea stirs toxic dispute
- 'Broken' news industry faces uncertain future
- On remote Greek island, migratory birds offer climate clues
- Taken from mother by nuns, victim seeks answers as pope visits Belgium
- China cuts amount banks hold in reserve to boost lending
- Hong Kong, Shanghai extend surge as China optimism boosts markets
- Vietnam president reiterates support for Cuba during official visit
- Drought reduces Amazon River in Colombia by as much as 90%: report
- Stay or go? Pacific Islanders face climate's grim choice
- Florida bracing for 'unsurvivable' Hurricane Helene
- Poverty rises to over 52 percent in Milei's Argentina
- Chloe's see-through look may not be for Kamala Harris
- Champagne houses abuzz over English sparkling wine
- Macron, Trudeau pledge to work for 'decarbonized' economies
- Hurricanes, storms, typhoons... Is September wetter than usual?
- China stimulus, tech optimism boost stock markets
- 'Unsurvivable' Hurricane Helene races towards Florida
- Macron meets Trudeau in Canada as both face political setbacks
- South Korea surges in UN innovation index
- Chloe's see-through look may not be for Kamala
- Floods threaten Niger's historic 'gateway to the desert'
European, US stocks rise on Ukraine hope as oil slumps
European and US equities largely rebounded Monday as investors seized on hopes of progress in peace talks between Russia and Ukraine, sending oil tanking alongside news of key crude consumer China's Covid lockdown of tech hub Shenzhen.
Europe shrugged off tech-fuelled Asian losses after Moscow said it made headway in peace talks with Kyiv ahead of Monday's latest round.
Frankfurt shares rallied 2.2 percent and Paris won 1.8 percent in afternoon deals, while London gained 0.3 percent.
US equities showed a meeker improvement, as traders reckoned with the prospect of the Federal Reserve raising interest rates at its meeting this week.
The S&P 500 rose by 0.2 percent and the Dow Jones Industrial Average by 0.6 percent in early deals, while the Nasdaq lost 0.2 percent.
The prospect of easing supply tensions and growing demand fears also sent oil prices sliding six percent.
"Moscow claims substantial progress in peace talks while escalating conflict ... but that is enough for traders grabbing onto any good headline," said Markets.com analyst Neil Wilson.
The latest talks come more than two weeks after Russia's President Vladimir Putin ordered his army to invade its pro-Western neighbour.
Back in Asia, traders fretted that China's spreading coronavirus lockdowns could slam the Asian superpower's demand for crude.
Asian equities mostly fell Monday with Hong Kong taking a pounding as the Shenzhen lockdown fuelled a tech-sector rout.
"The rapid spread of Covid across China is now unsettling investors, with expectations that mass lockdowns will once again blight the economy," said Hargreaves Lansdown analyst Susannah Streeter.
She added that oil "demand (is) expected to take a hit if Chinese economic output falls".
Crude has continued to drop from last week's near 14-year peak close to $140 per barrel.
However, the commodity -- which oils the wheels of the global economy -- remains elevated, keeping major upward pressure on inflation.
The Fed's latest monetary policy gathering is expected to end Wednesday with the bank announcing a quarter-point interest rate hike to tackle decades-high inflation in the US.
The US central bank is trying to walk a fine line between trying to rein in runaway inflation while also trying to support the world's biggest economy in the face of the war in Ukraine, which many fear could lead to another recession.
- Key figures around 1400 GMT -
New York - Dow: UP 0.6 percent at 33,155.03 points
London - FTSE 100: UP 0.3 percent at 7,179.41
Frankfurt - DAX: UP 2.2 percent at 13,932.67
Paris - CAC 40: UP 1.8 percent at 6,370.19
EURO STOXX 50: UP 1.6 percent at 3,747.18
West Texas Intermediate: DOWN 6.4 percent at $102.35
Brent North Sea crude: DOWN 6.0 percent at $105.89 per barrel
Hong Kong - Hang Seng Index: DOWN 5.0 percent at 19,531.66 (close)
Shanghai - Composite: DOWN 2.6 percent at 3,223.53 (close)
Tokyo - Nikkei 225: UP 0.6 percent at 25,307.85 (close)
Euro/dollar: UP at $1.0943 from $1.0912 Friday
Pound/dollar: UP at $1.3050 from $1.3037
Euro/pound: UP at 83.87 pence from 83.70 pence
Dollar/yen: UP at 118.00 yen from 117.29 yen
burs-sea/lth
A.Agostinelli--CPN