Bloomberg Steinhoff International Holdings NV reduced its loss by 70 percent in the fiscal year ended in September. The step towards a recovery wasn’t enough to stop its shares from falling. The net loss was 1.2 billion euros ($1.3 billion) during the period, down from 4 billion euros in the previous year. The owner of Conforama in France and Mattress …

Bloomberg Iberdrola SA will invest 100 million euros ($112 million) in renewable energy and storage projects in Ireland by 2025 as it starts to offer customers power in the country for the first time. The Spanish utility said it’s offering consumers in the Republic of Ireland 100 percent clean electricity tariffs as it enters the market with plans to provide …

Bloomberg Mario Draghi is set on pushing the limits of the European Central Bank’s (ECB) firepower right up until he leaves office. With little more than four months to go in his job, the ECB president has all but pledged new stimulus for Europe’s flagging economy that may include both interest-rate cuts and asset purchases. Adding potency to that statement …