Bloomberg EON SE is targeting underlying net income of as much as €1 billion this year after Germany’s biggest utility spins off its Uniper unit to focus on renewables, networks and customer services. The Essen-based company will be a “strong dividend performer,” and plans to pay shareholders up to 60 percent of net income a year, CEO Johannes Teyssen ...

  Bloomberg Turkey’s new central bank Governor Murat Cetinkaya emphasized in his first public appearance that curbing inflation remains the bank’s top priority, signaling continuity in monetary policy. The lira gained. At a press conference on Tuesday presenting the quarterly inflation report, Cetinkaya said the bank would do more to raise awareness about the importance to the overall economy of ...

  Bloomberg It’s the world’s most famous clock, an icon of London for a century and a half. It stood firm when the Luftwaffe bombed the Houses of Parliament. Now Big Ben is threatened by two deadlier enemies: water and modern paint. In early 2017, work will begin on a £29 million($42 million), three-year project to restore the Elizabeth Tower, ...