TOKYO (Reuters) - Japanese trading house Marubeni Corp <8002.T> said it will cut Gavilon's energy business out of its planned takeover of the U.S. commodity merchant, reducing the size of the transaction to $2.6 billion plus debt. The trading company said in a statement on Monday it had modified the terms of the acquisition which was originally valued at a $5.6 billion acquisition, including $2 billion of debt. "Marubeni will acquire all of the assets and businesses of Gavilon except the energy business," the statement said.

CHENGDU, China (Reuters) - Huawei Technologies Co Ltd will continue to talk with the British government and other related parties after lawmakers raised concerns about the Chinese firm's involvement in the UK's critical network infrastructure, the chief executive said on Friday. British lawmakers said Huawei should not have been allowed to become embedded in a multi-billion pound deal to supply equipment to BT Group Plc, Britain's largest telecoms operator, without the knowledge and scrutiny of ministers.

WASHINGTON (Reuters) - The May jobs report shows more job creation policies are needed to help grow the economy, which continues its long recovery, said Alan Krueger, a top economic advisor to President Barack Obama. "While more work remains to be done, today's employment report provides further confirmation that the U.S. economy is continuing to recover from the worst downturn since the Great Depression," Krueger said in a statement on Friday. (Reporting by Roberta Rampton; Editing by James Dalgleish)

WASHINGTON (Reuters) - U.S. Secretary of State John Kerry said on Monday he will decide at some point whether to return to Israel and the Palestinian territories to push for decisions by the sides on reviving stalled peace talks to end their decades-old conflict.