Trump cancels major Thursday press conference on how he will handle his businesses

U.S. President-elect Donald Trump has delayed until January an announcement on how he plans to step back from running his business empire to avoid conflicts of interest, his spokesman said on Monday.

"The announcement will be in January," said Trump spokesman Sean Spicer.

Last month, Trump said he would hold a news conference on Thursday to spell out how he will separate himself "in total" from his worldwide business holdings.

Trump has been focusing his energies on picking people for his Cabinet and other high-profile positions.

(Reporting by Steve Holland; Writing by Eric Beech; Editing by Mohammad Zargham)