- US trade chief defends tariff hikes when paired with investment
- EU court blocks French ban on vegetable 'steak' labelling
- Meta AI turns pictures into videos with sound
- US dockworkers return to ports after three-day strike
- DR Congo to begin mpox vaccination campaign Saturday in east
- Meta must limit data use for targeted ads: EU court
- Oil extends gains, jobs report lifts Wall Street
- US hiring soars past expectations in sign of resilient market
- As EU targets Chinese cars, European rivals sputter
- Top EU court finds against FIFA in key transfer market ruling
- Oil extends gains, Hong Kong stocks resume rally
- 'A man provides': Ukrainian miners send families away as Russia advances
- EU states greenlight extra tariffs on EVs from China
- Hong Kong stocks resume rally, oil dips after Middle East-fuelled surge
- Crude stable after Israel-Iran surge, Hong Kong stocks resume gains
- Hera spacecraft to probe asteroid deflected by defence test
- US dockworkers to head back to work after tentative deal
- After Helene's destruction, North Carolina starts to rebuild
- Dockers end three-day strike at Montreal port
- What next for OpenAI after $157 billion bonanza?
- Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF
- Milan's Morata moves house after Inter-fan town mayor 'violates' privacy
- 'Devastating' storm hits Augusta National but Masters will go on
- Relief in Brazil, Asia over delay to EU deforestation rules
- Oil prices jump, stocks fall on Middle East tensions
- Biden says 'discussing' possible Israeli strikes on Iran oil facilities
- Oil prices rise, stocks fall on Middle East tensions
- Oil rallies, stocks mostly retreat on Middle East tensions
- Phasing out teen smoking could save 1.2 mn lives: study
- 'Welcome relief': Asia producers hail EU deforestation law delay
- Japan PM slated to announce plans for 'happiness index'
- Turkish inflation falls less than expected in September at 49.4%
- Easing inflation lifts profit at UK supermarket Tesco
- Skiing calls on UN climate science to combat melting future
- China wine industry looks to breed climate resilience
- Tokyo rallies on weak yen, Hong Kong drops after surge
- Dutch airline KLM unveils 'firm' cost-cutting measures
- Carpe diem: the Costa Rican women turning fish into fashion
- Senegal looks to aquaculture as fish stocks dwindle
- Will AI one day win a Nobel Prize?
- Climate change, economics muddy West's drive to curb Chinese EVs
- Argentina's Milei vetoes university budget after huge protests
- TotalEnergies plans to grow oil and gas production until 2030
- 2024 Nobels offer glimmer of hope as global crises mount
- Tokyo rallies on weak yen, Hong Kong reverses after surge
- Tunisia readies for vote as incumbent Saied eyes victory
- High childcare costs in US weigh on women's employment
- US voters seek help with crushing childcare costs
- Taiwan shuts down for second day as Typhoon Krathon to land
- Supercharged storms: how climate change amplifies cyclones
Stocks extend Fed-induced sell-off
Stock markets mostly tumbled again on Tuesday, extending losses that were sparked by last week's Federal Reserve warning that more monetary tightening was on the way.
London's FTSE 100 was down in afternoon deals after a public holiday closure the day before, while the Paris CAC 40 fell after staging a rally earlier in the day.
Wall Street indices started the morning in the green, only for the rebound to fizzle.
The Frankfurt DAX bucked the trend as it rose 0.5 percent, though lower than earlier in the day.
Most markets have been slumping since Friday after Federal Reserve chief Jerome Powell warned of more interest rate hikes to fight runaway four-decade high inflation, even at the cost of economic pain.
Oil prices tanked Tuesday on fears about a major hit to demand from any global economic slowdown -- and news of more Covid restrictions in key consumer China.
Brent North Sea crude dipped below $100 per barrel.
- Energy woes -
Central banks are scrambling worldwide to tame consumer prices that have surged higher since Russia invaded in Ukraine in late February
German inflation data showed consumer prices rose by 7.9 percent in the year to August as the ongoing energy crisis further stoked price pressures.
In Spain, the inflation rate slowed to 10.4 percent in August as fuel prices eased, but it remained elevated due to rising electricity and food prices.
The European Central Bank, which raised interest rates for the first time in over a decade in July, is expected to hike them again when it meets next week.
Natural gas prices dipped Tuesday despite jitters over supply disruptions from key producer Russia.
Europe's benchmark Dutch TTF gas contract edged down to 272.500 euros per megawatt hour, having struck a March peak late on Friday.
Many European countries are facing severe supply problems as Moscow turns off the gas taps in response to EU military and diplomatic backing for Ukraine
Russian energy giant Gazprom plans to suspend gas deliveries through the Nord Stream pipeline, which runs to Germany, for three days of "maintenance" work from Wednesday.
In France, French energy firm Engie said Tuesday that Gazprom was further slashing its gas deliveries to the company "due to a disagreement between both sides over the execution of contracts".
Elsewhere, Asian stocks indices diverged on Tuesday, winning limited support from bargain-buying.
In China, a record 96 percent on-year drop in first-half earnings from the country's largest developer Country Garden Holdings also served as a grim reminder of China's beleagured property sector.
- Key figures at around 1330 GMT -
London - FTSE 100: DOWN 0.6 percent at 7,384.94 points
Frankfurt - DAX: UP 0.5 percent at 12,962.09
Paris - CAC 40: DOWN 0.1 percent at 6,214.24
EURO STOXX 50: DOWN 0.1 percent at 3,567.30
New York - Dow: DOWN 0.6 percent at 31,921.35
Tokyo - Nikkei 225: UP 1.1 percent at 28,195.58 (close)
Hong Kong - Hang Seng Index: DOWN 0.4 percent at 19,949.03 (close)
Shanghai - Composite: DOWN 0.4 percent at 3,227.22 (close)
Euro/dollar: UP at $1.0008 from $0.9972 on Monday
Pound/dollar: DOWN at $1.1664 from $1.1709
Euro/pound: UP at 85.79 pence from 85.38 pence
Dollar/yen: UP at 138.72 yen from 138.68 yen
West Texas Intermediate: DOWN 4.84 percent at $92.31 per barrel
Brent North Sea crude: DOWN 5.05 percent at $99.78 per barrel
burs-rox/lth
D.Philippon--CPN