HONG KONG, July 28- China shares jumped to their highest since December on Monday, as banks surged after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors, while Hong Kong markets were also pushed higher.» Read More
*Google overseas tax rate higher as Asian sales rise. LONDON, Feb 13- Google said its overseas tax bill rose sharply in 2013, while sales in Britain, its biggest foreign market, hit a record $5.64 billion. Google said in its 10- K annual report filed on Wednesday that its overseas tax charge, including deferred taxes, was $743 million in 2013..
NEW YORK, Feb 13- A Norfolk Southern Corp train carrying crude oil derailed in Vandergrift in western Pennsylvania on Thursday, the company confirmed. The train, that was heading from Pittsburgh to Philadelphia, was mainly carrying crude oil but included one car containing propane gas, a Norfolk Southern spokesman said.
SOUTHERN MIDWEST FARMLAND PRICES EDGE HIGHER IN 4 TH QTR FROM PREVIOUS QTR- ST LOUIS FED BANK SURVEY.
CHICAGO, Feb 13- Quality farmland prices in the southern Midwest and mid-South region of the U.S. crop belt edged higher in the fourth quarter, bouncing back from a third-quarter slide which halted years of gains, the Federal Reserve Bank of St Louis said on Thursday.
JPMorgan Chase& Co, former top Morgan Stanley banker Paul Taubman and Barclays, which together advised Comcast, would split an estimated $51 million to $68 million in advisory fees if the proposed deal goes through, according to estimates by Freeman& Co LLC.
CHATTANOOGA, Tenn., Feb 13- German automaker Volkswagen AG, in a brief but bluntly worded statement Thursday, said a vote this week on union representation at its Chattanooga, Tennessee, plant would have no bearing on whether it will build a new crossover vehicle there.
*Treasury to sell $16 billion in U.S. 30- year bonds. "Essentially, it's a story of renewed concern that the recovery in the U.S. may be headed for a speed bump which may be more than weather-related," said Millan Mulraine, deputy head of research and strategy at TD Securities in New York.
LONDON, Feb 13- Have the mega-buck years of bond and interest rate trading gone for good, or will normal service resume after an ugly 2013? However, many are already changing, and the likes of Deutsche Bank, Barclays and Morgan Stanley look set to make deeper cuts to their fixed income divisions to deal with weak volumes and tough regulation.
LONDON, Feb 13- Electricity suppliers should be paid according to the services they provide, including reliable and environmentally friendly heat, light and power, rather than the quantity of electricity they supply, according to green groups and retailers themselves.
WASHINGTON, Feb 13- U.S. retail sales fell unexpectedly in January and the number of Americans filing new claims for unemployment benefits rose last week, in the latest signs of slowing economic growth early in the first quarter. The Commerce Department said on Thursday retail sales fell 0.4 percent last month, led by a drop in automobile sales.
NEW YORK, Feb 13- U.S. stocks opened lower on Thursday, weighed by a disappointing outlook from Cisco Systems and weaker-than-expected data on consumer spending and the labor market.
*22 of 46 economists say threat of deflation in euro zone "somewhat serious". BANGALORE, Feb 13- The threat of deflation across the euro zone is more serious than the European Central Bank claims, as austerity imposed on peripheral economies is already pushing prices lower, a Reuters poll of forecasters found on Thursday.
NORFOLK SOUTHERN CONFIRMS TRAIN CARRYING CRUDE OIL DERAILED IN VANDERGRIFT, PENNSYLVANIA.
Feb 13- Goldcorp Inc reported a quarterly loss of more than $1 billion on Thursday on the back of impairment and tax charges and other one-time expenses.
TRAIN CARRYING CRUDE OIL DERAILS IN WESTERN PENNSYLVANIA, NO REPORTS OF FIRE- LOCAL MEDIA.
BRUSSELS, Feb 13- European leaders need to rebuild the unity of the European Union, badly fractured in the euro zone debt crisis, and address the worries of populist voters, Finnish Prime Minister Jyrki Katainen said on Thursday.
LONDON, Feb 13- European steel lobby Eurofer plans to file anti-dumping cases this year with the European Commission against exports of cold rolled stainless sheet from China and Taiwan and of electrical steel sheet from Russia.
CHICAGO, Feb 13- Bunge Ltd, one of the world's largest agricultural trading houses, said on Thursday it turned a profit in the fourth quarter and was "actively" reviewing its loss-making Brazilian sugar business.
*Cisco falls after results, outlook. *Comcast to buy Time Warner. NEW YORK, Feb 13- U.S. stocks were set for a lower open on Thursday, weighed by a disappointing outlook from Cisco Systems and weaker-than-expected data on consumer spending and the labor market.
*Zurich books $318 million in restructuring costs in Q4. ZURICH, Feb 13- Zurich Insurance missed profit expectations in the fourth quarter due to restructuring charges, and said the total cost of an overhaul of its business would be about $600 million- the upper end of its forecast range.