The Traderszone Network

Published in TZ Latest News 22 April, 2015 by The TZ Newswire Staff

Tesco reports $8.5 billion loss as it seeks turnaround

Tesco, one of the world’s largest retailers, posted a full-year net loss of 5.7 billion pounds ($8.5 billion) as it wrote down the value of properties to reflect deteriorating market conditions. U.K.-based …