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Zilch posts first profit and appoints ex-Aviva CEO to board

Zilch CEO Phil Belamant. Zilch British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering. In a trading update, Zilch, which competes with the likes of Klarna and Block in the buy now, pay later space, said that it made an …

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Rolls-Royce rebounds after Cathay Pacific says engine issue limited

A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Rolls-Royce shares opened higher Tuesday, making up some of the previous session’s …

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South Korea inflation hits 42-month low

A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021. The country’s consumer price index recorded a 2% rise year …

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