1. Cryptocurrency rally builds steam Bitcoin is still down almost 60% from its December peak, but the digital currency has had something of a revival, with its value rising above $8,000 for the first time in two months. In December bitcoin almost reached $20,000. With the latest gains, Bloomberg says, the total value of cryptocurrencies worldwide is again approaching $300bn.

2. Soccer star resigns, alleging racial prejudice Mesut Özil won’t play for the German national team any more, because of the "racism and disrespect" he has faced due to his Turkish roots. The player was recently criticised for having his photograph taken with Turkish President Recep Erdogan. He was also jeered by German fans in warm-up games before the World Cup in Russia. In an impassioned statement on Twitter, he said: "In the eyes of [German football association president Reinhard] Grindel and his supporters I am German when we win, but … an immigrant when we lose."

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.