Oil's drop chills Asian stocks, inflation data boosts dollar 6:16am GMT

TOKYO - Asian shares were mostly lower on Friday as a sharp overnight pullback in crude oil prices dampened risk appetite, while the dollar was firm after upbeat U.S. data tilted expectations back toward an early interest rate hike by the Federal Reserve.

A masked, black-clad militant, who has been identified by the Washington Post newspaper as a Briton named Mohammed Emwazi, brandishes a knife in this still image from a 2014 video obtained from SITE Intel Group February 26, 2015.  REUTERS/SITE Intel Group/Handout via Reuters

'Jihadi John' from IS unmasked as Londoner

LONDON/WASHINGTON - The masked "Jihadi John" killer who fronted Islamic State beheading videos has been identified as Mohammed Emwazi, a British computer programming graduate from a well-to-do London family who was known to the security services.  Full Article 

Britain's Prime Minister David Cameron fields questions after delivering a speech on education at a Conservative Party event in a school in Enfield, north London, February 2, 2015. REUTERS/Andrew Winning

Rise in immigration a blow for Cameron

LONDON - The number of people moving to Britain surged last year, an embarrassment for Prime Minister David Cameron, whose Conservatives had pledged to cut net annual migration to the tens of thousands, close to a national election.  Full Article 

A man pushes a wheelbarrow past a house damaged by fighting in the town of Debaltseve, Ukraine February 25, 2015. REUTERS/Baz Ratner

West's offer to rebuild Ukraine hits roadblock

BRUSSELS/WASHINGTON - Western powers are preparing what they say may be their most potent weapon against Moscow's interference in Ukraine - a multi billion dollar aid package. There is just one problem: foreign governments and financing institutions are not willing to pour money into a dysfunctional state.  Full Article 


Vibrating bicycle senses traffic

Dutch scientists have developed a smart bicycle that uses sensors, wireless technology and video to warn riders of traffic dangers.  Video 

Football - Besiktas v Liverpool - UEFA Europa League Second Round Second Leg - Istanbul, Turkey - 26/2/15 Liverpool's Dejan Lovren walks up to take his penalty in the shootout  Action Images via Reuters / Andrew Boyers Livepic

Liverpool in shootout misery, holders Sevilla win

Liverpool's Europa League campaign ends at the scene of one of their greatest European triumphs as they lose 5-4 on penalties to Besiktas in the Ataturk Stadium on a woeful night for British clubs.  Full Article 

Gap warns on strong dollar, port delays

Apparel retailer Gap forecast a drop in profit for its year ending January 2016; U.S. stocks closed mostly lower, with the Nasdaq higher on tech deals. Bobbi Rebell reports.

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