Bloomberg The euro will strengthen this year no matter which way the U.K. votes in Thursday’s referendum on its European Union membership, according to one of the most accurate forecasters of the currency. A record current-account surplus and rising inflation-adjusted bond yields will limit any declines in the shared currency to $1.10, said Daisuke Karakama, chief market economist at ...

  Bloomberg Volkswagen AG’s typically close-knit owners publicly split for the first time over the diesel crisis after the German state of Lower Saxony withheld support for two executives under investigation for their role in the scandal. Volkswagen’s second-largest shareholder abstained from what is typically a ceremonial vote at the annual meeting, declining to back former CEO Martin Winterkorn and ...

  Washington / AFP US Democrats failed to force Congress to vote on gun safety legislation following the Orlando nightclub massacre as Republican leaders adjourned the House early on Thursday after a dramatic overnight sit-in by Democrats. The scenes on the House floor, unprecedented in recent history, began after Democrats took over the chamber’s proceedings for most of the day, ...