Finance

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…

China’s property woes and U.S. sanctions have hit some cities hard

BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from…

American demand for international trips drives ‘travel momentum’ and overall spending

Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips,…

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates

While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk…

China’s first global gaming hit sells millions in a week. An early investor shares what’s next

BEIJING – China’s first attempt at a top-tier video game has smashed world records, bolstering the industry’s global ambitions just…

Warren Buffett leads Berkshire Hathaway to new heights at age 94

Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.…