Bloomberg Steinhoff International Holdings NV’s annual advisory fees climbed 35% last year, pushed by costs related to a deal the retailer reached with creditors to skip debt repayments. Steinhoff’s shares collapsed in late 2017 when the owner of Conforama in France and Pep stores in Europe and Africa became engulfed in an accounting scandal. Locked in a battle for survival, …

Bloomberg The scale of Boris Johnson’s challenge to revive the UK economy was laid bare on Wednesday as house prices posted their first annual decline since 2012 and firms reported a record slump in sales. The prime minister has unveiled part of his plan for boosting the UK’s recovery, reconfirming his commitment to long-term investment in some of the country’s …

Bloomberg European stocks edged up in a muted start to third-quarter trading as investors mulled mixed economic data and fresh warnings about the spread of the coronavirus. Treasuries slipped alongside the US equity futures. The Stoxx Europe 600 Index opened modestly higher, led by oil and gas shares, with data showing German unemployment rose to the highest level in nearly …