- US, Qatar announce new Gaza talks as Blinken eyes new options
- UN chief calls for 'just peace' in Ukraine at Putin-hosted summit
- Olympic champion Zheng hails China's tennis boom
- Sundar 'will never forget' seven-wicket haul as New Zealand 259 all out
- Madrid's Rodrygo to miss Clasico with injury
- Turkey buries attack victims after striking PKK
- Pakistan 73-3, trail England by 194 after spinner Sajid shines
- King Charles's Scottish retreat could become wedding venue
- Sundar dazzles with seven wickets as New Zealand 259 all out
- US unveils national security memorandum on AI
- Venezuelan opposition figures win EU's top rights Sakharov prize
- Bagnaia on 'mission' to overhaul Martin in MotoGP title fight
- Four arrested over Vinicius abuse before Madrid derby
- European stock markets climb, oil jumps
- Blinken meets Qatari emir in Gaza mediation push
- AI and digitalisation to eliminate 9,000 jobs at Intesa Sanpaolo
- Sajid takes six as England dimissed for 267 in third Test
- Sundar bags seven as India bowl out New Zealand for 259
- Ireland fines LinkedIn 310 mn euros over EU data breach
- Puccini exhibit charts making of a modern music star
- Smith's 89 leads England fightback to 242-8 at tea in third Test
- France kicks off Lebanon aid conference with 100-mn-euro pledge
- Commonwealth leaders to push for slavery reparation conversation: BBC
- New models help Renault maintain sales in third quarter
- India spinners strike but Ravindra, Conway help N. Zealand to 201-5
- Putin warns against 'illusory' attempts to defeat Russia
- Japan rookie Saigo takes one-shot lead at LPGA in Kuala Lumpur
- Blinken in Qatar for Gaza mediation push
- Israeli army says hit Hezbollah arms facilities
- Hermes bucks trend to post rising sales
- Rabada 'a superstar' as South Africa crush Bangladesh
- 'Idiot' Schauffele cards quadruple bogey at Zozo Championship
- Barclays profits rise on UK, investment banking gains
- New Zealand airport sets three-minute limit on hugs
- More than a million Indians flee as cyclone approaches
- South Africa cruise to seven-wicket win in Bangladesh Test
- Taiwan's TSMC stops shipments to client after chips sent to Huawei
- Ashwin strikes as New Zealand 92-2 at lunch in second India Test
- 'Fake news' of Pakistan rape ignites real protest movement
- Picky protection rules hamper Swiss mushrooming craze
- Abortion film shows impact of Texas ban ahead of US election
- 'Monster' Inoue set for Christmas cracker against Australian Goodman
- East DR Congo grapples with Chinese gold mining firms
- Bucks cruise past depleted Sixers, Suns rally past Clippers
- Argentine police raid hotel where Liam Payne fell to death
- Rabada-inspired S. Africa need 106 to win Bangladesh Test
- European leaders meet to re-energise offshore wind power
- Blinken heads to Hamas mediator Qatar on Gaza truce push
- China sees little relief from trade tensions as US goes to the polls
- Philippines races to reach stranded as storm's death toll rises
European stock markets climb, oil jumps
Europe's main stock markets rose solidly Thursday thanks to well-received earnings updates and the prospect of more regional cuts to interest rates.
Major Asian indices closed mixed after sizeable losses on Wall Street Wednesday, with US Treasury yields climbing on concerns that inflation risked rising again.
Oil prices jumped 1.5 percent as the crude market continued to experience volatile trading.
"Higher oil prices and some good corporate results helped UK stocks to strong gains," noted AJ Bell investment director Russ Mould.
London's benchmark FTSE 100 index features oil giants BP and Shell.
Shares in Barclays, meanwhile, gained 3.3 percent in midday deals after the bank said net profit increased 23 percent in the third quarter compared to one year earlier.
In Paris, shares advanced in luxury goods group Hermes thanks to rising sales and amid hopes of a pickup in demand as China stimulates its economy.
With the US presidential election still seen as a coin toss less than two weeks out, there was plenty of uncertainty on trading floors, though observers said dealers were eyeing a win for Donald Trump and policies such as tax cuts that could stoke inflation again.
That, along with a strong run of US economic data and remarks from Federal Reserve officials backing a cautious approach to easing monetary policy, has seen expectations for rate cuts whittled back.
Traders had previously been confident that the central bank would follow up last month's bumper 50-basis-point cut with another at its November meeting and a smaller one in December.
But those expectations have diminished, as seen with Treasury yields rising.
The situation would appear different in Europe, where analysts are betting on the possibility of bumper rate cuts in the eurozone and Britain.
This after Bank of England governor Andrew Bailey said UK inflation was falling quicker than it had expected, and as eurozone economic data continues to weaken.
Business activity in the single currency bloc ticked lower for the second consecutive month in October, a closely watched survey showed Thursday.
The HCOB Flash Eurozone purchasing managers' index published by S&P Global registered a figure of 49.7 compared to 49.6 in September.
Any reading above 50 indicates growth, while a figure below 50 shows contraction.
The latest PMI data for Britain on Thursday showed its "economy struggled" at the start of the fourth quarter, said Kathleen Brooks, research director at traders XTB.
Eyes will be on Tesla when Wall Street reopens after the electric carmaker reported a jump in profits late Wednesday.
The company, led by Elon Musk, said third-quarter profit accelerated 17 percent to $2.2 billion from a year earlier.
- Key figures around 1045 GMT -
London - FTSE 100: UP 0.6 percent at 8,305.90 points
Paris - CAC 40: UP 0.8 percent at 7,556.00
Frankfurt - DAX: UP 0.7 at 19,504.40
Tokyo - Nikkei 225: UP 0.1 percent at 38,143.29 (close)
Hong Kong - Hang Seng Index: DOWN 1.3 percent at 20,489.62 (close)
Shanghai - Composite: DOWN 0.7 percent at 3,280.26 (close)
New York - Dow: DOWN 1.0 percent at 42,514.95 (close)
Euro/dollar: UP at $1.0803 from $1.0787 on Wednesday
Pound/dollar: UP at $1.2972 from $1.2929
Dollar/yen: DOWN at 151.87 yen from 152.65 yen
Euro/pound: DOWN at 83.27 pence from 83.41 pence
Brent North Sea Crude: UP 1.5 percent at $76.10 per barrel
West Texas Intermediate: UP 1.5 percent at $71.86 per barrel
G.Stevens--AMWN