Bloomberg A British exit from the European Union would be so devastating for the pound that 29 out of 34 economists in a Bloomberg survey see it sinking to $1.35 or below within a week of a vote to leave — levels last seen in 1985. Twenty-three of the economists say sterling wouldn’t recover from that rate within three months …

Bloomberg Ukraine’s war with pro-Russian rebels may be frozen but the legal battle between Vladimir Putin and Petro Poroshenko is just heating up. The $3 billion lawsuit Russia filed against Ukraine in London last week over a bond default is just a fraction of the $63 billion Ukraine is seeking in lawsuits and other legal claims from Stockholm to The …

Bloomberg PSA Peugeot Citroen will set new growth goals after cost-cutting and recovering demand in Europe helped the French automaker beat targets set two years ago following a bailout. Automotive operating profit last year was 5 percent of revenue, far exceeding a 2 percent margin goal for 2018, the company said in a statement Wednesday. Free cash flow was almost …