Bloomberg The pound dropped toward a two-month low versus the dollar as traders awaited the Bank of England’s final policy meeting before the U.K. votes on its membership to the European Union. Sterling weakened against 12 of its 16 major peers, dropping to a three-year low versus the yen. The June 23 referendum has dominated the currency market with …

  Bloomberg Economic momentum in Switzerland is expected to pick up next year as the recovery in the neighboring euro area gains steam, the government said, confirming its last quarterly forecast. Gross domestic product will expand 1.4 percent this year and 1.8 percent in 2017, the State Secretariat for Economic Affairs in Bern said on Thursday, leaving projections unchanged from …

  Bloomberg Recent deluges in France that flooded metro stations in Paris will delay the harvest in the European Union’s biggest wheat producer, according to the country’s biggest grain cooperative. Harvesting will probably start up to 10 days later than usual, said Jean-Francois Loiseau, chairman of Axereal, which collects about 5.5 million metric tons a year from its members. Wheat-growing …