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* Wall Street rises for second straight session* China data, QE prospects lift European shares* China slows less than expected, IMF cuts global outlook* Gold gainsBy Michael ConnorNEW YORK, Jan 20 (Reuters) - Equities rose worldwide on Tuesday, with Wall Street reversing early losses and the dollar rising 1 percent against the Japanese yen, as diminishing global growth prospects bolstered hopes fo

Paris Mayor Anne Hidalgo told CNN Tuesday she intends to sue Fox News in the wake of the channel's coverage of supposed "no go" zones for non-Muslims.

Shares in internet TV streaming service Netflix jump over 12% in after-hours trading after the company reports better-than-expected fourth quarter earnings.

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Baker Hughes said it is slashing 7,000 jobs, providing a fresh reminder that cheap energy is hurting some Americans.

(Recasts with Wall Street reversing early losses, adds late prices)* Wall Street rallies for second straight session* China data, QE prospects lift European shares* China slows less than expected, IMF cuts global outlook* Dollar rises vs yen, gold gainsBy Michael ConnorNEW YORK, Jan 20 (Reuters) - Equities rose worldwide on Tuesday, with Wall Street reversing early losses and the dollar climbing 1