Shares advanced in Europe on Friday after a day of mixed and sparse trading in Asia, where many markets were closed for public holidays.

Oil prices edged higher and U.S. futures advanced.

Inflation that has been plaguing Europeans declined sharply in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won't have to further restrict the economy by raising interest rates from already-record highs.

The annual rate was 4.3% this month, a drop from 5.2% in August. But recently higher oil prices are casting a shadow over prospects for quickly beating inflation down to the central bank's target of 2%.

Russian President Vladimir Putin has ordered one of the top commanders of the Wagner military contractor to take charge of "volunteer units" fighting in Ukraine, signaling the Kremlin's effort to keep using the mercenaries after the death of their chief, Yevgeny Prigozhin.

In remarks released by the Kremlin on Friday, Putin told Andrei Troshev that his task is to "deal with forming volunteer units that could perform various combat tasks, primarily in the zone of the special military operation" — a term the Kremlin uses for its war in Ukraine.

Russia appears to have avoided a full ban from next year's Paralympics in Paris after the International Paralympic Committee's members voted Friday against suspending the country's membership.

The IPC wrote on X, the social media platform formerly known as Twitter, that members voted 74-65 against a motion to fully suspend Russia "for breaches of its constitutional membership obligations." Thirteen more members abstained.

The central banks of the United Arab Emirates and Egypt have agreed to a currency exchange deal, which could bolster the struggling Egyptian economy.

A joint news release said the agreement would allow the two central banks to exchange up to 5 billion Emirati dirhams and 42 billion Egyptian pounds, or roughly the equivalent of $1.36 billion.

Germany and Israel have signed an agreement for Berlin to buy the sophisticated Arrow 3 missile defense system, designed to intercept long-range ballistic missiles. The development is the latest step in Berlin's bid to strengthen its air defenses following Russia's invasion of Ukraine.

Germany aims to integrate the system into wider NATO air defense efforts. Last year, Berlin launched the European Sky Shield Initiative, which now includes 19 countries.

The new chairman of the Senate Foreign Relations Committee has pointed to possible policy shifts affecting Egypt, Turkey, the war in Ukraine and other issues around the globe as he took over the powerful leadership of the panel, replacing indicted Sen. Bob Menendez.

Sen. Ben Cardin, a veteran Maryland Democrat, will have an abbreviated term leading the committee because his term expires in January 2025 and he is not seeking reelection. He described him unexpectedly inheriting the chairmanship, with its power to help shape how the United States approaches the rest of the world, as a "pinch yourself" moment.

China's League of Legends team hung on Friday to take bronze in the Asian Games esports event, overcoming a strong challenge from Vietnam.

Once talked about as possible contenders for the gold, China's team was blanked Thursday by South Korea. The South Korean team was powered by Lee "Faker" Sang-hyeok, a 27-year-old player known to most as the League of Legends GOAT — Greatest Of All Time.

The U.S. West Coast produces over 90% of America's wine, but the region is also prone to wildfires — a combustible combination that spelled disaster for the industry in 2020 and one that scientists are scrambling to neutralize.

Sample a good wine and you might get notes of oak or red fruit. But sip on wine made from grapes that were penetrated by smoke, and it could taste like someone dumped the contents of an ashtray into your glass.

Bad weather eased in central Greece on Friday leaving widespread flooding and infrastructure damage across the farming region that has been battered by two powerful storms in less than a month.

Divers located the body of missing pilot, a day after a helicopter flying in the bad weather crashed into the sea.