Bloomberg Marks & Spencer Group Plc (M&S) reported its best clothing sales in more than five years, delivering a confidence boost to the embattled British retailer after a tumultuous year marred by management overhauls, store closures and plunging shares. Same-store sales in its clothing and home division rose 2.3 percent in the third quarter ended Dec. 31, the London-based ...

  Bloomberg Turkey’s central bank is taking more steps to prop up a tumbling currency by forcing banks to borrow at a higher rate, said a person with direct knowledge of the matter. The lira surged against the dollar. The central bank didn’t offer any funding to local lenders at 8 percent through the one-week repo auction on Thursday, with ...

  Bloomberg National Bank of Oman (NBO), the sultanate’s third-largest lender by assets, posted on Thursday a 19.9 percent fall in fourth-quarter net profit, according to Reuters calculations. The lender made a profit of 13.68 million rials ($35.5 million) in the three months to Dec. 31, Reuters calculated based on previous financial statements in lieu of a quarterly breakdown. This ...