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U.S. stock futures, Mexico peso gain on U.S.-Mexico deal

TOKYO (Reuters) - U.S. stock futures jumped on Monday after a migration deal between the United States and Mexico late last week to avert a tariff war added to a weak U.S. job data which cemented expectations of Federal Reserve rate cuts. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid/FIle PhotoS&P500 mini futures rose 0.6% in early trade while Japan’s Nikkei looks set to gain 1.5 percent, based on Chicago-listed futures price. U.S. Treasuries futures dropped 13/32 in price while U.S. interest rate futures gave back gains made after Friday’s soft payroll…

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UK leadership hopefuls launch campaigns to take control of Brexit

FILE PHOTO: The door of 10 Downing Street is seen as uncertainty over Brexit continues, in London, Britain, May 24, 2019. REUTERS/Toby Melville/File PhotoLONDON (Reuters) - Several of the leading candidates to become Britain’s next prime minister and take on the challenge of delivering Brexit will launch their leadership campaigns on Monday, as the crowded contest officially begins. Britain is seeking a new leader after Theresa May announced she would resign, having failed to deliver Brexit on schedule in March and seen her authority over a divided parliament evaporate after three heavy defeats in votes to approve her exit deal. May’s successor will inherit Britain’s deepest political…

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On Mexico border, Republican business owners oppose Trump’s tariff threat

SAN LUIS, Ariz. (Reuters) - A lifelong Republican, Russ Jones supports President Donald Trump and agrees he needs to take action to deal with an immigration crisis on the border with Mexico. FILE PHOTO: A migrant, part of a caravan of thousands traveling from Central America en route to the United States, holds flags of Honduras and the United States in front of the border wall between the U.S. and Mexico in Tijuana, Mexico November 25, 2018. REUTERS/Kim Kyung-Hoon/File PhotoJones also has a customs brokerage business to run, however, and says Trump’s lingering threat to impose tariffs on imports from Mexico unless its government stems the flow…

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Democratic 2020 candidates pitch Iowa party leaders on how to beat Trump

CEDAR RAPIDS, Iowa (Reuters) - Nineteen Democratic presidential candidates delivered rapid-fire sales pitches to Iowa party leaders on Sunday, touting their ability to energize voters, win the White House and deliver on longtime party goals such as universal healthcare. FILE PHOTO: U.S. Senator Kirsten Gillibrand (D-NY) talks to customers at the Pierce Street Coffee Works while on a walking tour after announcing that she is forming an exploratory committee to enter the 2020 presidential race, in Sioux City, Iowa, U.S., January 18, 2019. REUTERS/Scott Morgan/File PhotoAt the biggest gathering so far of 2020 presidential candidates, the Democrats had five minutes each to sum up their case for…

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S&P 500 futures jump as trading resumes after Trump calls off tariffs on Mexico

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid(Reuters) - U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants. U.S. President Donald Trump had threatened to impose 5% import tariffs on all Mexican goods starting on Monday if Mexico did not commit to do more to tighten its borders. S&P 500 e-mini futures were up 0.62% at 6:12 p.m. EDT (2212…

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UK’s Amber Rudd backing Jeremy Hunt in PM succession race: tweet

FILE PHOTO: Britain's Foreign Secretary Jeremy Hunt speaks during a joint news conference with U.S. Secretary of State Mike Pompeo at the Foreign Office in central London, Britain May 8, 2019. Mandel Ngan/Pool via REUTERS/File Photo(Reuters) - UK Work and Pensions Minister Amber Rudd said on Sunday she would support Jeremy Hunt in the race to be the next prime minister. "I'm backing @Jeremy_Hunt. These are serious times and we need a respected statesman who Brussels will listen to, not more bluster. Jeremy is a winner with a track record of success in business and in government," she tweeted here Reporting by Rama Venkat in Bengaluru; Editing…

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Trump acting budget chief asks for delay on Huawei restrictions

WASHINGTON (Reuters) - The White House Office of Management and Budget has asked the U.S. Congress for more time to phase in a ban on federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year. FILE PHOTO: Workers sit a the Huawei stand at the Mobile Expo in Bangkok, Thailand May 31, 2019. REUTERS/Jorge Silva/File photoThe ban is one part of a multifaceted U.S. push against Huawei Technologies Co Ltd, the world’s largest telecoms network gear maker, which Washington has accused of espionage and stealing intellectual property. Huawei has repeatedly denied it is controlled by the Chinese…

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Qatar says U.S. needs Palestinians on board for Middle East peace plan

FILE PHOTO: Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani speaks during the annual Munich Security Conference in Munich, Germany February 17, 2019. REUTERS/Andreas GebertLONDON (Reuters) - Qatar said on Sunday that there was a disconnect between the Palestinians and the United States over a U.S. blueprint aimed at ending the conflict between Israel and the Palestinians, warning that a solution could not be imposed on Palestinians. The U.S. blueprint, driven by Jared Kushner, Donald Trump’s son-in-law and White House adviser, is seen by Palestinians, and by some Arab officials and politicians, as a plan to finish off the Palestinian cause. “As far as we see, right…

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Nadal beats Thiem to claim record-stretching 12th French Open title

PARIS (Reuters) - Defying the years and one of the most fierce onslaughts he has ever faced at Roland Garros, Rafa Nadal won his 12th French Open crown on Sunday, leaving Dominic Thiem crushed and a packed Parisian stadium shaking their heads in wonder. Tennis - French Open - Roland Garros, Paris, France - June 9, 2019. Spain's Rafael Nadal celebrates with the trophy after his final match against Austria's Dominic Thiem. REUTERS/Vincent KesslerThe first set had been one for the ages, the second ran it close, but after three hours and one solitary minute all that mattered was that Nadal was once again in familiar pose,…

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Austria’s Thiem rattles Rafa but title still out of reach

PARIS (Reuters) - Dominic Thiem achieved something few players have ever managed in any of Rafael Nadal’s 12 French Open finals on Sunday. Tennis - French Open - Roland Garros, Paris, France - June 9, 2019. Spain's Rafael Nadal and Austria's Dominic Thiem great each other after their final. REUTERS/Charles PlatiauThere were moments in the opening two sets when the level of the Austrian fourth seed’s play was so far off the charts that Nadal’s trademark worried look betrayed real anxiety. The Spaniard’s concern was there when Thiem clattered a forehand into the corner in the fifth game of probably the most brutal start to any French…

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