Tesco warns coronavirus costs could top $1 billion

LONDON (Reuters) - Britain's biggest retailer Tesco estimated a hit of up to 925 million pounds from the costs of dealing with the coronavirus pandemic and warned it couldn't give profit guidance for the current financial year.The supermarket group said on Wednesday if trading returned to normal by August, it was likely the extra expenses for its retail operations - mainly staff and logistics costs - would be offset by higher sales and relief from a business tax introduced by the government to..