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CORRECTED-Tariff chaos could push Mexico into technical recession
By Ana Isabel Martinez and Noe Torres MEXICO CITY, March 11 (Reuters) - Mexico's economy appears on track to contract in the first quarter, entering a technical recession, according to analysts, as U.S. President Donald Trump’s on-again, off-again tariffs wreak havoc on growth that was alread...Reuters
Tue, Mar 11
WRAPUP 1-US job openings rise, layoffs low before Trump policy shifts
Job openings increase 232,000 to 7.740 million in JanuaryHires rise 19,000 to 5.393 million; layoffs decline 34,000Vacancies revised lower from January 2024 through DecemberSmall business confidence ebbs for third straight monthBy Lucia Mutikani WASHINGTON, March 11 (Reuters) - U.S. job openings ...Reuters
Tue, Mar 11
Businesses sound alarm as Trump tariffs prompt consumers to cut spending
Delta Air warns corporate, consumer travel weakeningKohl's forecasts weaker-than-expected profits'Reluctance' in US consumer, industrial demand - HenkelTrump due to meet CEOs of America's biggest companies on TuesdayU.S. downturn worries trigger Wall Street sell-off LONDON/NEW YOR...Reuters
Tue, Mar 11
Traders add to bets on Fed rate cuts after job openings data
March 11 (Reuters) - Traders of U.S. short-term interest-rate futures added to bets on Federal Reserve interest-rate cuts on Tuesday, with three quarter-point reductions seen as likely by October, after a report showed job openings increased in February.The chance of a May start to the cuts rose to ...Reuters
Tue, Mar 11
Ghana's dollar bonds drop after govt announces "shock therapy" spending cuts
March 11 (Reuters) - Ghana's international dollar-denominated bonds slid by nearly 1.5 cents on Tuesday after Finance Minister Cassiel Ato Baah Forson said the country needs 'shock therapy' spending cuts.The 2035 maturity XS2893151287=TE led declines, falling by around 1.5 cents to an 8-...Reuters
Tue, Mar 11
US job openings increase in January; layoffs decline
WASHINGTON, March 11 (Reuters) - U.S. job openings increased in January, but demand for labor is likely to soften in the months ahead amid concerns that uncertainty over import tariffs and aggressive government spending cuts could cause a sharp slowdown in economic activity. Job openings, a measure ...Reuters
Tue, Mar 11
Brazil's industrial output undershoots forecasts, remains steady in January
SAO PAULO, March 11 (Reuters) - Industrial production in Brazil remained unchanged in January from December, government statistics agency IBGE said on Tuesday, undershooting market forecasts as indicators continue to sign a slowdown in the local economy. The January figure follows three consecuti...Reuters
Tue, Mar 11
Ghana's finance minister sees overall real GDP growth 4% in 2025
DAKAR, March 11 (Reuters) - Ghana finance minister Cassiel Ato Forson said on Tuesday that he expected the country's overall real gross domestic product growth to be at least 4% in 2025, while inflation is expected to be 11.9% during the period.Reuters
Tue, Mar 11
BlackRock CEO Larry Fink says the US market will see more inflation over the next 6 to 9 months
Larry Fink, CEO of BlackRock, warned Monday that inflation in the United States is going to keep climbing, and the next six to nine months will bring even higher costs. Speaking at the CERAWeek conference in Houston, he blamed rising inflation on nationalistic policies, including the deportation...Cryptopolitan
Tue, Mar 11
FACTBOX-What is Ireland's exposure to the US economy and Trump's plans?
DUBLIN, March 11 (Reuters) - Ireland is among countries vulnerable to changes in the global economy proposed by U.S. President Donald Trump, with a significant proportion of employment, tax receipts and exports all directly dependent on a cluster of U.S. multinational firms.EMPLOYMENTMostly U.S....Reuters
Tue, Mar 11
Irish prime minister faces balancing act at talks with Trump
Irish prime minister set to meet Trump in White HouseIrish economy is vulnerable to Trump's economic plansConcern over impact on jobs, tax revenue and exports By Padraic Halpin DUBLIN, March 11 (Reuters) - Irish Prime Minister Micheál Martin faces a diplomatic balancing act during talks with ...Reuters
Tue, Mar 11
Persil-owner Henkel says US policies are hurting North American market
By Linda Pasquini and Elizaveta Gladun March 11 (Reuters) - U.S. government decisions are hurting the North American market disproportionately, consumer goods and adhesive maker Henkel HNKG.DE said on Tuesday, the latest company to warn about uncertainty caused by President Donald Trump's tra...Reuters
Tue, Mar 11
US small business confidence extends decline in February
WASHINGTON, March 11 (Reuters) - U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump's election victory in November, amid mounting concerns over the administration's trade policy.The N...Reuters
Tue, Mar 11
