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Wall Street rises with hopes of Mexican tariffs delay

Wall Street's main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.



5 years ago

As Mexico-U.S. talks progress, markets rise on hopes a deal could be close

Mexican and U.S. officials resumed talks on trade and migration on Thursday, with markets rebounding on reports that a deal could be close, although it was unclear if Mexican pledges to curb migration flows were enough to stop tariffs on Mexican goods going ahead.



5 years ago

Trump tariffs could sink Mexican peso to lowest point this year: analysts

The Mexican peso could sink next week to its lowest point of the year if U.S. President Donald Trump follows through on his threat to slap Mexican imports with tariffs, according to a Reuters poll of analysts and traders.



5 years ago

Pence says encouraged that Mexico is willing to do more on immigration

Vice President Mike Pence said on Thursday he was encouraged that Mexican officials were willing to do more to curb migration flows to the United States but it was up to President Donald Trump to decide if they went far enough to avert threatened tariffs.



5 years ago

Mexico offers to send national guard to southern border to stem migration: sources

In talks with the United States, Mexico has offered to send up to 6,000 members of its national guard to secure its southern border with Guatemala in order to contain migrant flows, according to two people with knowledge of the matter.



5 years ago

White House stands firm on Monday deadline for Mexico tariffs: spokeswoman

The White House is standing firm on its position that Mexico must make take significant new steps to halt the surge of Central American migrants by Monday, or face tariffs on its exports to the United States, spokeswoman Sarah Sanders said on Thursday.



5 years ago

World stocks, oil jump amid optimism over Mexican tariffs delay

Major world stock indexes and oil prices jumped on Thursday as investor optimism grew following a report that the United States is considering a delay in imposing tariffs on Mexican imports.



5 years ago

Huawei CFO extradition hearing to begin in January 2020

Huawei Chief Financial Officer Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan. 20, 2020, court records showed, after her legal team appeared before a Canadian judge.



5 years ago

Google to buy analytics software firm Looker for $2.6 billion

Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian.



5 years ago

Three states join AG group probing planned merger of Sprint and T-Mobile

The attorneys general of Arizona, Michigan and Pennsylvania have joined a group of states probing T-Mobile's plan to buy rival Sprint for $26 billion, which is believed to be nearing the end of a regulatory review.



5 years ago

Mexico foreign minister says national guard to deploy to southern border

Mexico will deploy its national guard to its southern border with Guatemala, the Mexican foreign minister said on Thursday, as part of the country's bid to stem Central American migration that has drawn U.S. President Donald Trump's ire.



5 years ago

Asia markets cautious as Trump presses Mexico on trade

Asian shares got off to a hesitant start on Thursday as investors feared a looming U.S. trade war with Mexico would further depress global growth, even as they wagered central banks would have to respond with fresh stimulus.



5 years ago

Cuba's private-sector workers say Trump's travel curbs will hurt them too

Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will wipe out 90% of his business overnight.



5 years ago

China's Didi Chuxing starts ride-hailing services in Chile, Colombia

Chinese ride-hailing giant Didi Chuxing said on Thursday that it had launched services in Chile and Colombia, as part of its push into Latin America.



5 years ago

Asia shares muted, trade risk offsets rate hopes

Asian markets were in a mixed mood on Thursday as fears the U.S. trade tussle with Mexico would further depress global growth, warred with wagers central banks would have to respond with fresh stimulus.



5 years ago