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Bitcoin hits new record high above $70,000; US investor ends Currys chase – business live


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Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rally

The share price of Currys has dropped by 11% after the end of an approach by private equity investor Elliott.

Currys was valued at £728m on Friday, so the Monday morning move has wiped about £80m from the company’s notional value.

EUROPE’S STOXX 600 DOWN 0.4%

BRITAIN’S FTSE 100 DOWN 0.4%

FRANCE’S CAC 40 DOWN 0.5%, SPAIN’S IBEX DOWN 0.3%

EURO STOXX INDEX DOWN 0.6%; EURO ZONE BLUE CHIPS DOWN 0.7%

GERMANY’S DAX DOWN 0.6%

Continue reading…Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rallyThe share price of Currys has dropped by 11% after the end of an approach by private equity investor Elliott.Currys was valued at £728m on Friday, so the Monday morning move has wiped about £80m from the company’s notional value.EUROPE’S STOXX 600 DOWN 0.4%BRITAIN’S FTSE 100 DOWN 0.4%FRANCE’S CAC 40 DOWN 0.5%, SPAIN’S IBEX DOWN 0.3%EURO STOXX INDEX DOWN 0.6%; EURO ZONE BLUE CHIPS DOWN 0.7%GERMANY’S DAX DOWN 0.6% Continue reading…