Bloomberg Paintings by Pablo Picasso and Amedeo Modigliani gave the auction market a much-needed boost on Tuesday when they fetched the highest prices for Sotheby’s in London since 2010. Picasso’s 1909 Cubist painting “Femme Assise” sold for £43.3 million ($63.5 million), surpassing the estimated target of £30 million. Moments later, Modigliani’s “ Jeanne Hebuterne (au Foulard)” took £38.5 million, ...

  London / AFP Bosses from more than half of Britain’s biggest companies on Wednesday urged Britons to vote Remain on the eve of a critical EU membership referendum. Almost 1,300 business executives — including those from 51 of London’s top FTSE 100 listed companies —wrote in a letter to The Times newspaper that Britain leaving the EU could cause ...

  Bloomberg The U.K. could find itself hard pressed to replicate access to Asia’s lucrative markets — from New Zealand to India — should voters in the world’s fifth-biggest economy opt to leave the EU. With Asia accounting for two-thirds of global growth, the U.K.’s trade ties with the region are crucial for it. While some politicians such as Boris ...