Tesco says coronavirus costs could reach $1.1 billion

LONDON (Reuters) - Britain's biggest retailer Tesco expects to take a hit of up to 925 million pounds from the costs of dealing with the coronavirus pandemic and warned it was unable to give a profit forecast for this financial year. However, the supermarket group said on Wednesday that if customer behaviour returned to normal by August, it was likely the extra expenses - mainly related to staff and operations costs - would be offset by higher sales and relief from a business tax introduced by..