Bitcoin jumps on US crypto reserve plan; euro rises on Europe’s Ukraine peace push – business live | Business
Key events
European stocks climb, lifted by defence stocks
European stock markets have opened higher, with defence stocks rallying.
Aerospace and defence companies are among the biggest risers in London. BAE Systems is the top riser on the FTSE 100 index in early trading, up by more than 16%, while Rolls-Royce jumped by 6.1% and Melrose Industries, another aeorospace company, advanced by 1.6%.
German arms maker Rheinmetall climbed by 13.8%. Germany could be at the heart of Europe’s defence splurge after reports over the weekend suggested the two parties that are locked in talks to form the next government, the CDU/CSU and the SPD, are considering setting up two special funds…
