Notizia

TOKYO (Reuters) -Japan's wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed on Tuesday, adding strains to the resource-poor economy heavily reliant on imports.

Asian shares were down while the U.S. dollar held strong on Tuesday, as Treasury yields spiked to a three year high ahead of U.S. inflation data which could foreshadow even more aggressive interest rate hikes from the Federal Reserve.

Oil futures rose early on Tuesday, reversing sharp losses from the prior day, as the market weighed the potential for more sanctions on Russia's energy sector and OPEC warned it would be impossible to increase output enough to offset lost supply.

Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc's $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as he balked at paying the insurer's banking fee, a regulatory filing on Monday shows.

California utility PG&E Corp has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the company agreeing to pay $55 million.

ORLANDO, Fla. (Reuters) -For the U.S. bond market, the first quarter was marked by historically high volatility and the poorest performance in decades. Hedge funds scored badly, and will be hoping for a better showing in the second quarter.

U.S. consumer prices likely increased by the most in 16-1/2 years in March as Russia's war against Ukraine boosted the cost of gasoline to record highs, resulting in annual inflation rising at its fastest pace since the early 1980s.

Ford Motor Co said on Monday it has signed a preliminary deal to buy lithium from a Lake Resources NL facility in Argentina, marking the first time the automaker has publicly announced where it will procure the electric vehicle battery metal.

LONDON (Reuters) -The EMEA Credit Derivatives Determinations Committee (CDDC) has been asked on Monday whether a potential failure to pay occurred on Russia's hard-currency bonds, possibly bringing payout on billions of dollars in default insurance a step closer.