Category: Business

ZebPay, India’s oldest cryptocurrency exchange on Thursday launched ZebPay Lending Platform — a first of its kind crypto lending model in India. Now, investors can lend their coins to ZebPay and earn returns.“ZebPay has always encouraged investors to hold on Read more

Shares of movie theater chain AMC Entertainment (AMC.N) closed lower on Friday, snapping a four-day rally that saw them gain 116% on the week. After vaulting to a record high during the session, AMC’s shares finished down 1.5% at $26.12. Read more

Electric-truck startup Rivian Automotive Inc could target a valuation of about $70 billion in its potential public listing later this year. Amazon.com Inc (AMZN.O) and Ford Motor Co (F.N)-backed Rivian had a valuation of $27.6 billion, after a $2.65-billion investment Read more

In a bid to expand its footprint in the country, IKEA has recently unveiled its mobile application in India. The shopping app will be available on both the platforms — iOS and Android. This multi-channel approach will help the Swedish Read more

Colonial Pipeline, the largest fuel pipeline in the United States, on Friday said it had resolved a temporary network disruption, just weeks after a ransomware attack crippled fuel delivery for several days in the southeast region. Colonial earlier on Friday Read more

Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse’s heavy losses from the collapse of family office Archegos and the decimation of billions Read more

3M Co (MMM.N) won a court case on Friday in which it was accused of covering up design defects in earplugs used by the military, following a recent loss in a similar case among nearly 230,000 claims against the company. Read more