Oil rebounds, Bitcoin hits $50 and J Sainsbury in the spotlight

0 2
FTSE 100 opened higher as markets were buoyed by takeover talk surrounding Sainsbury’s, while the oil giants rallied as the price of crude steadied after its recent decline. London’s blue-chip index was up 35 at 7,123 in early trading. () () could be the next among the big UK supermarket groups to face bid interest from private equity companies according to reports over the weekend.  The US buyout firm Apollo is exploring the possibility of a bid for Sainsbury’s, according to the Sunday Times. () Holdings Inc  (NASDAQ: PYPL) has launched a new service that allows its UK customers to buy, hold and sell cryptocurrency. The service starts rolling out this week and marks the first international expansion of ()’s cryptocurrency offering outside of the US, the payment provider said in a statement. Bitcoin meanwhile jumped above US$50,000 for the first time in three months as the cryptocurrency’s rally continues. Other tokens including Ether and Cardano’s ADA ar
Subscribe or log in to read the rest of this content.
Leave A Reply

Your email address will not be published.