DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Tesco lifts profit goal as grocer’s low prices lure shoppers
BLOOMBERG Tesco Plc lifted its profit forecast as it attracted shoppers by keeping a tight lid on food prices and its own costs. Britain’s biggest grocer now expects to deliver as much as £2.7 billion ($3.3 billion) in adjusted operating profit this year from its retail business, compared with previous guidance of flat profit. The stock rose 3.2% on Wednesday. …
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