Bloomberg Australia snubbed a bid from Japan to award one of the world’s biggest defense deals to France’s DCNS Group, opting for a contract that will generate jobs in Australia and minimize a backlash from its major trading partner China. The French offer for the A$50 billion ($39 billion) contract to build 12 submarines trumped those by Japan’s Mitsubishi ...

  Bloomberg McDonald’s Corp. is marketing euro bonds, taking advantage of borrowing costs that have fallen to the lowest in a year because of the European Central Bank expanding its stimulus program. The fast-food chain is offering the securities maturing in January 2021, November 2023 and May 2028, according to a person familiar with the matter who asked not to ...

  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 ...