Bloomberg J Sainsbury Plc shares surged the most in more than a year after better-than-expected holiday sales provided a positive cap to an otherwise disappoin- ting year, continuing the supermarket sector’s strong Christmas run. The stock rose as much as 7.1 percent — the steepest intraday gain since Jan. 5 last year — after same-store sales at Sainsbury supermarkets …

  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 …