European Stock Indices Rise; Tesco Sells Two Units, Puts Another Under Review

European stock indices build on Wednesday’s gains as new data about consumer and business sentiment confirms a picture of economic frailty in the euro zone. In London food retailer Tesco’s recently arrived CEO Dave Lewis lays out his recovery strategy – and wins investor backing. But disappointing Christmas trading data from fellow British retailer Marks & Spencer weighs on those shares. Meanwhile Phoenix Suns owner Robert Sarver sweetens his bid for control of cash-strapped Glasgow soccer club after the parent company rejected his opening gambit.