Reuters

By Anthony Esposito and Noe Torres

MEXICO CITY (Reuters) - Mexican president-elect Claudia Sheinbaum will face the unenviable task of making good on campaign promises to boost social programs even after an election-year spending binge by her predecessor lifted the budget deficit to its highest since the 1980s.

After winning investors' confidence with tight spending policies for most of his term, leftist President Andres Manuel Lopez... (continue reading...)

(Reuters) - JetBlue Airways on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to healthy travel demand, sending its shares up 2.3% in premarket trading.

Major U.S. carriers expect record passenger numbers for the summer season but uneven demand on certain routes has led to overcapacity and is hurting pricing power for a few airlines.

JetBlue now expects its second-quarter revenue to fall... (continue reading...)

By Elizabeth Pineau, Lucien Libert and Michaela Cabrera

DEAUVILLE/PARIS (Reuters) - Crowds cheered and applauded as U.S. veterans arrived at French airports ahead of ceremonies marking the 80th anniversary of D-Day, when more than 150,000 Allied soldiers landed in Normandy to drive out Nazi Germany forces.

Many of those flying in over the weekend into Monday were older than 100, pushed on wheelchairs by relatives and aides.

JERUSALEM (Reuters) - Israeli media quoted Prime Minister Benjamin Netanyahu as saying on Monday that the first phase of a U.S.-promoted plan to wind down the Gaza war, entailing a limited hostage release by Hamas, could be undertaken without necessary agreement on what follows.

The leaked quotes from a closed-door parliamentary meeting, which were not immediately confirmed by officials, suggested Israel sees a possibility of entering an initial Gaza... (continue reading...)

MANILA (Reuters) -A volcano in central Philippines erupted on Monday, spewing plumes of up to five kilometres (3.11 miles) high, the country's seismology agency said, adding that evacuations were not yet recommended for residents in the area.

The lowest alert level remained on Mt. Kanlaon which straddles the provinces of Negros Oriental and Negros Occidental, with the level unchanged for several days leading up to the eruption, the Philippine Institute... (continue reading...)