Bloomberg A Brexit wouldn’t just weaken the pound — it would jeopardize its status as a reserve currency used in world trade, according to S&P Global Ratings. Sterling lags only the dollar and euro in central banks’ holdings, a legacy of Britain’s large economy, its trusted legal system and use of the global lingua franca. But a vote to ...

  AP The EU’s decision on whether to extend economic sanctions against Russia for its actions in Ukraine should be transparent and discussed openly, Hungary’s foreign minister said on Wednesday. Foreign Minister Peter Szijjarto said after meeting Russian counterpart Sergey Lavrov that Hungary will not accept an “automatic” decision regarding the sanctions currently in place until the end of July. ...

  London/ AFP With one month to go before Britain’s vital in-out EU referendum, London’s City finance district is busily planning ahead for a potential “Brexit”. Big City firms, many of which are housed in skyscrapers that dominate the London skyline, are seeking to protect themselves from market volatility should Britons vote “Leave”, experts say. Major players like HSBC and ...