Business Today: China trade, U.S. budget deal push world stocks to sixth day of gains

		Click to View in Browser 02/12/2014 China trade, U.S. budget deal push world stocks to sixth day of gains LONDON (Reuters) - Global shares were on track to post their longest winning run in five months as they rose for a sixth straight day on Wednesday, boosted by upbeat trade data from China and a U.S. House deal extending the federal borrowing authority. Wall Street's most eligible banker Fleming waits for suitor NEW YORK (Reuters) - Wall Street power brokers are betting that Greg Fleming will be chief executive of a major U.S. company one day, but no one is quite sure of which one or when. SocGen raises dividend payout after swing to fourth-quarter profit PARIS (Reuters) - French bank Societe Generale pledged on Wednesday to return more capital to shareholders in 2014, after a swing to a fourth-quarter profit capped a long-running push to boost the strength of its balance sheet. Thomson Reuters posts sharper-than-expected fall in profit (Reuters) - Thomson Reuters Corp on Wednesday reported a steeper-than-expected drop in fourth-quarter earnings, hurt by cutbacks at financial institutions in Europe and in emerging markets. Microsoft denies global censorship of China-related searches BEIJING (Reuters) - Microsoft Corp denied on Wednesday it was omitting websites from its Bing search engine results for users outside China after a Chinese rights group said the U.S. firm was censoring material the government deems politically sensitive. Bank of England hints at 2015 rate rise LONDON (Reuters) - The Bank of England hinted on Wednesday that interest rates may need to start rising in just over a year as it broadened its guidance on when it will consider the economy to be healthy enough to cope with higher borrowing costs. Alibaba share sale values the China e-commerce firm at $128 billion BEIJING (Reuters) - A rare sale of a stake in Alibaba Group Holding values China's dominant e-commerce company at around $128 billion, Reuters calculations show. SoftBank says U.S. consolidation necessary to rise above No.3 rank TOKYO (Reuters) - SoftBank Corp's billionaire chief executive said he was not happy as just No. 3 in the U.S. mobile market and that consolidation was necessary there, as regulators indicate resistance to an acquisition of No. 4 carrier T-Mobile US Inc . Prada 2013 sales growth of 9 percent lags estimates HONG KONG (Reuters) - Italian fashion house Prada SpA said on Wednesday that sales grew just 9 percent in the year ended January 31, hurt by economic weakness in Europe and a stronger euro. China to spend extra $10 billion in restive Xinjiang this year BEIJING (Reuters) - The Chinese government will pump 61.66 billion yuan ($10.17 billion) in extra funds into the restive far western region of Xinjiang this year to improve housing and employment, state media said on Wednesday. Related Video Euro Zone 2014: Swiss will lose most migration vote, Barroso Euro Zone 2014: Ireland almost too well funded – debt chief Economic News House approves 'clean' debt limit after Republicans drop demands Strong China January trade data sparks cheers, doubts A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend