- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
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- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
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- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
Stocks slip as Ukraine peace talks stall, economic outlook worsens
European and US stocks sank Thursday as key peace talks between Russia and Ukraine stalled, compounded by a rapidly worsening inflation and growth outlook.
Ukraine's Foreign Minister Dmytro Kuleba and Russian counterpart Sergei Lavrov met in Turkey in the first top-level talks since Moscow's invasion two weeks ago, but failed to make any progress to end a conflict that has sent more than 2.3 million people fleeing the country.
"The latest talks between Russia and Ukraine failed to provide breakthrough in ending the war," said ThinkMarkets analyst Fawad Razaqzada.
"Markets have reacted in the way you would expect."
European stocks fell after having surged the previous day on sliding oil prices and a glimmer of hope for an end to the conflict that has seen Western nations slap a range of sanctions on Russia that will result in its economic isolation.
US stocks also moved lower, with the Dow shedding 1.3 percent.
Meanwhile, oil prices clawed back some ground after having fallen by more than 12 percent on Wednesday on hopes oil producing nations will step up production.
European benchmark Brent North Sea oil rose 1.9 percent and New York's WTI gained 1.2 percent, but were still way below the peak of $139 reached earlier this week as investors were spooked about moves by Western nations to ban Russian oil.
Markets have been rocked by extreme volatility in the two weeks since Russia invaded its neighbour, sparking a wave of sanctions against Moscow.
Trading of shares in Russia's steelmaking giant Evraz, whose key shareholders include Roman Abramovich, was suspended in London after the UK slapped an asset freeze on the Russian oligarch over his alleged Kremlin links.
It includes a halt to Abramovich's plan to sell football giant Chelsea.
- Inflation and growth concerns -
The latest economic data provided little comfort to investors, however.
US consumer prices rose at a fresh 40-year high, spiking 7.9 percent annually in February amid rising costs for gasoline, food and housing.
"Everything that makes up inflation is going bonkers," Adam Sarhan of 50 Park Investment told AFP, adding: "it really slows down growth and that becomes stagflation."
The European Central Bank on Thursday jacked its inflation forecast for this year to 5.1 percent, while cutting the outlook for growth to 3.7 percent.
While it will remove pandemic aid to the economy quicker than it had previously indicated, the ECB also gave itself more flexibility as to when it will start raising interest rates.
"The Russia-Ukraine war adds further fuel to the blazing rate of inflation via higher energy, food and core commodity prices that are turbo charged by a worsening in supply chain problems," Kathy Bostjancic of Oxford Economics said.
The euro slid against both the dollar and pound.
- Key figures around 1630 GMT -
New York - Dow: DOWN 1.3 percent at 32,869.97 points
EURO STOXX 50: DOWN 3.0 percent at 3,651.39
London - FTSE 100: DOWN 1.3 percent at 7,099.09 (close)
Frankfurt - DAX: DOWN 2.9 percent at 13,442.10 (close)
Paris - CAC 40: DOWN 2.8 percent at 6,207.20 (close)
Tokyo - Nikkei 225: UP 3.9 percent at 25,690.40 (close)
Hong Kong - Hang Seng Index: UP 1.3 percent at 20,890.26 (close)
Shanghai - Composite: UP 1.2 percent at 3,296.09 (close)
Brent North Sea crude: UP 1.5 percent at $113.48 per barrel
West Texas Intermediate: UP 1.5 percent at $110.16
Euro/dollar: DOWN at $1.1010 from $1.1076 Wednesday
Pound/dollar: DOWN at $1.3121 from $1.3181
Euro/pound: DOWN at 83.92 pence from 84.03 pence
Dollar/yen: UP at 116.03 yen from 115.83 yen
burs-ach/rl
R.J.Fidalgo--PC