Mexican and U.S. officials resumed talks on trade and migration on Thursday, with the Trump administration resisting calls from U.S. businesses and some Republican lawmakers to ease up on a plan to impose import tariffs on its southern neighbor.
Lawyers for Huawei Chief Financial Officer Meng Wanzhou will bring a motion to challenge her extradition to the United States in January 2020, the company said in a statement on Thursday after the legal team appeared in a Canadian court to set future court dates.
Beyond Meat Inc said it expects to more than double its revenue this year, sending the plant-based burger maker's shares up over 21 percent.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.