Notizia

UBS posted a 17% rise in first-quarter net profit on Tuesday, upending expectations for a fall in profit amidst uncertainties over the war in Ukraine, thanks to strong trading. Net profit for the quarter ended in March of $2.136 billion outpaced average expectations for $1.79 billion in a poll of 21 analysts compiled by the Swiss bank.

Battery startup Soelect and Korean supplier Lotte Chemical said on Tuesday they intend to invest more than $200 million in a joint venture to make advanced battery components for electric vehicles in the United States.

TOKYO (Reuters) -Japan's jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate since April 2020, although the number of furloughed workers remained high due to effects of the pandemic, official data showed on Tuesday.

Japanese videogames maker Nintendo Co Ltd said on Tuesday it was delaying the release of its film using Super Mario Bros characters to April 2023 from late this year.

(Reuters) -The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in commodity costs and a slowdown in China as creating significant uncertainty.

Oil prices opened slightly higher on Tuesday, after falling sharply the prior session on worries that continued COVID-19 lockdowns in China would eat into demand and as the U.S. dollar rose to a two-year high.

TOKYO (Reuters) -The Asian region faces a "stagflationary" outlook amid significant uncertainty with economic growth being lower than previously expected and inflation being higher, a senior International Monetary Fund (IMF) official said on Tuesday.

The Biden administration is carefully studying the inflationary impact of tariffs imposed on China by former President Donald Trump's administration given a surge in consumer prices, White House press secretary Jen Psaki said on Monday.

(Reuters) -Lael Brainard, one of President Joe Biden's four nominees to the Federal Reserve, is poised to become the U.S. central bank's next vice chair after she cleared a procedural hurdle in the U.S. Senate Monday evening with bipartisan support.