- 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
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- 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
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- 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
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
Stock markets retreat on weak global growth worries
Stock markets retreated Tuesday on renewed concerns over weak global growth, with a profit warning from the owner of Snapchat spooking investors and further shocking the tech sector.
It comes amid concerns over the impact of China's Covid-19 restrictions on the world's second-largest economy after the United States.
Monday's strong Wall Street rally, where the Dow closed up two percent, did not carry over into Asian and European trading.
Snap, the parent of social media app Snapchat, saw its share price slump more than a quarter in futures trading ahead of Tuesday's reopening of Wall Street.
"Snap provided a shock," noted Neil Wilson, chief market analyst at Markets.com.
The company "spooked the market with a macroeconomic warning that dented tech the most and pointed to earnings revisions that could drag the market lower for longer", he added.
The biggest faller in London Tuesday was however energy group SSE, whose share price dived around 10 percent on reports that the UK government may impose a windfall tax on excess profits enjoyed by electricity producers.
Prime Minister Boris Johnson has so far indicated he does not want to impose such a tax on oil and gas producers despite them also earning vast sums as prices soar.
Johnson argues an exceptional levy on the likes of BP and Shell would harm their efforts to invest in greener fuels like solar and wind power.
In China, Beijing's announcement Monday of a fresh raft of measures to stimulate the economy did little to calm investors' nerves.
China's economy has taken a hit from Beijing's zero-Covid approach to the pandemic, which has resulted in lengthy lockdowns of major cities and mass testing of millions of people.
Prolonged virus lockdowns have constricted supply chains, dampened demand and stalled manufacturing.
Investment banks UBS Group and JPMorgan Chase have responded by cutting their China economic growth forecasts.
"The lingering restrictions and lack of clarity on an exit strategy from the current Covid policy will likely dampen corporate and consumer confidence and hinder the release of pent-up demand," UBS economists including Tao Wang wrote in a research note.
Concerns over the Chinese economy and its impact on oil demand weighed on crude prices Tuesday.
- Key figures at around 1000 GMT -
London - FTSE 100: DOWN 0.3 percent at 7,488.05 points
Frankfurt - DAX: DOWN 0.8 percent at 14,056.39
Paris - CAC 40: DOWN 1.2 percent at 6,283.96
EURO STOXX 50: DOWN 1.1 percent at 3,669.62
Tokyo - Nikkei 225: DOWN 0.9 percent at 26,748.14 (close)
Hong Kong - Hang Seng Index: DOWN 1.8 percent at 20,112.10 (close)
Shanghai - Composite: DOWN 2.4 percent at 3,070.93 (close)
New York - Dow: UP 2.0 percent at 31,880.24 (close)
Euro/dollar: UP at $1.0711 from $1.0692 at 2030 GMT Monday
Pound/dollar: DOWN at $1.2489 from $1.2587
Euro/pound: UP at 85.77 pence from 84.92 pence
Dollar/yen: DOWN at 127.32 yen from 127.90 yen
Brent North Sea crude: DOWN 0.4 percent at $112.96 per barrel
West Texas Intermediate: DOWN 0.3 at $109.98 per barrel
Ferreira--PC