Trends - Tesco - Business Recorder

Tesco

Tesco provides 14mn stg of support to British egg industry

LONDON: Tesco, Britain’s biggest supermarket group, will provide close to 14 million pounds ($17 million) of...

Published 25 Nov, 2022 07:07pm

Business & Finance

Supermarket Tesco says profits tumble as inflation bites

LONDON: Britain’s largest retailer Tesco on Wednesday announced tumbling profits in its first half as higher costs...

Published 05 Oct, 2022 12:40pm

Pakistan

Supply of electricity to most areas of KP restored: power minister

PESHAWAR: Federal Minister for Power Khurram Dastgir Khan on Thursday said that electricity had been restored to...

Published 02 Sep, 2022 06:00am

Plea seeking FCA mechanism review rejected by Nepra

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has rejected a request to review Fuel Price...

Updated 03 Aug, 2022 10:06am

Business & Finance

UK’s Tesco sees early signs of changing customer behaviour as inflation hits

LONDON: Tesco, Britain’s biggest retailer, said it was seeing early indications of changing customer behaviour due...

Published 17 Jun, 2022 11:33am

Pakistan

Tesco says power pylon blown up at Shagai, supply disrupted

PESHAWAR: Some unknown miscreants blew up a power pylon of Tribal Electric Supply Company (TESCO’s) heavy...

Published 29 Apr, 2022 05:43am

Markets

UK midcaps slip as inflation hits 3-decade high; Tesco slides

LONDON: UK midcaps slipped on Wednesday after data showed annual inflation last month rose to a three-decade high,...

Published 14 Apr, 2022 04:55am

Business & Finance

Tesco supermarket warns on profit as inflation bites

LONDON: Britain’s biggest retailer Tesco on Wednesday warned that soaring inflation would bite into future profit,...

Published 13 Apr, 2022 02:57pm

Business & Finance

Loyalty pays off for Tesco as Britons feel the pinch

LONDON: As Britons face the worst hit to their disposable income in 30 years, Tesco is outstripping rival retailers...

Published 23 Feb, 2022 12:01pm

Business & Finance

India's textile industry revs up, giving hope on jobs for PM Modi

HINDUPUR: At Texport Industries' factories in India's south, thousands of mostly women workers are busy converting...

Published 11 Feb, 2022 11:55am

Business & Finance

'Worst to come' on soaring UK food prices: Tesco boss

LONDON: The "worst is still to come" over soaring food prices, Britain's biggest retailer Tesco has warned as fears...

Published 07 Feb, 2022 07:13pm

Business & Finance

Tesco says 1,600 jobs at risk from store changes

LONDON: Tesco, Britain's biggest retailer, said on Tuesday 1,600 roles were at risk of redundancy due to operational...

Published 01 Feb, 2022 03:20pm

Markets

Business community’s issues: SCCI, Pesco decide to form joint body

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) and Peshawar Electric Supply Company (Pesco) have...

Published 06 Dec, 2021 06:19am

Business & Finance

UK retailer Tesco opens first check-out free store

LONDON: Britain's biggest retailer Tesco on Tuesday opened its first check-out free food store in the wake of ...

Published 19 Oct, 2021 05:32pm

Markets

Inflation worries weigh on FTSE 100; Tesco jumps

Fears over higher inflation knocked London's blue-chip stocks lower on Wednesday, while supermarket retailer Tesco...

Published 06 Oct, 2021 12:45pm

Business & Finance

Tesco profits jump on 'elevated' pandemic sales

LONDON: British supermarket giant Tesco on Wednesday posted a near 70-percent surge in first-half net profit on the...

Published 06 Oct, 2021 12:28pm

GST assessment not allowed without audit: ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has declared that the tax officials cannot conduct sales tax...

Updated 19 Aug, 2021 12:15pm

Business & Finance

Tesco logs rising sales

LONDON: British supermarket giant Tesco on Friday posted rising first-quarter sales on easing virus curbs and solid...

Published 20 Jun, 2021 03:39am

Business & Finance

Britain's Tesco is addressing HGV driver shortage: CEO

Factors leading to the current shortage, which the RHA puts at 70,000, include reduced access to labour because of Brexit and COVID-19

Published 18 Jun, 2021 01:18pm

Business & Finance

Tesco averts investor resolution with new health drive

"Obesity costs the UK £54 billion each year in lost earnings and profit, and about 10 percent of the national health budget in treating related disease," ShareAction added in its statement.

Published 05 May, 2021 11:28am

Business & Finance

Tesco profits surge in pandemic year

LONDON: Britain’s biggest retailer Tesco on Wednesday announced a six-fold surge in annual net profits after the...

Updated 19 Apr, 2021 09:54am

Business & Finance

Tesco sales surge but COVID costs wipe out fifth of pretax profit

Sales up, profit hit by pandemic costs.
Online sales jump.
Pandemic cost Tesco 892 mln stg in UK.
Shares fall 3%.

Published 14 Apr, 2021 04:27pm

Business & Finance

Tesco reports 2bn pounds profit after exceptionally strong sales

After seeing "exceptionally strong" sales during the COVID-19 pandemic.

Published 14 Apr, 2021 11:26am

Business & Finance

UK's Tesco commits to healthy food sales target after shareholder pressure

Some investors have been calling for Tesco, which has 27% of the UK's grocery market, to sell more healthy food, saying it was lagging rivals in its efforts to encourage healthy eating and combat obesity in the country.
Tesco said on Friday its 65% healthy products sales target would represent a jump from the current level of 58% and it would use the government's nutrient profiling model to define those products.

Published 05 Mar, 2021 06:58pm

Second increase in 2 days: Nepra raises Discos’ tariffs by 83 paisa per unit

ISLAMABAD: The National Electric Power Regulatory (Nepra) has increased tariffs of Distribution Companies (Discos) ...

Updated 12 Feb, 2021 09:35am

Business & Finance

UK supermarkets want 'urgent intervention' to ensure supplies to Northern Ireland

Three month grace period to adapt systems ends March 31.
UK supermarkets say current proposals "unworkable".
UK supermarkets say long term solution needed before March 31.
Says disruption inevitable if solution not found.

Published 13 Jan, 2021 05:50pm

Business & Finance

No mask, no shop - UK supermarkets insist on face coverings

With COVID-19 infection numbers rising sharply, the UK government has expressed concern about the spread of the virus in supermarkets.
To protect our customers and colleagues, we won't let anyone into our stores who is not wearing a face covering.

Published 12 Jan, 2021 08:29pm

Markets

Britain's Tesco to deny store entry to customers not wearing face covering

To help stem the spread of COVID-19, Tesco said it is also asking customers to shop alone, unless they are a carer or with children.

Published 12 Jan, 2021 07:06pm

Business & Finance

Tesco's Asia deal paves way for 5bn pound return to shareholders

The special dividend is expected to be paid around Feb. 26 2021, conditional on shareholder approval at a general meeting around Feb. 11.

Published 09 Dec, 2020 01:29pm

Business & Finance

Tesco suspends avocado supply from Kenyan plantation on rights concerns

Britain's biggest grocery retailer announced the move after law firm Leigh Day said Sunday it had initiated legal action against UK firm Camellia, whose subsidiary runs the site.

Published 12 Oct, 2020 04:59pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 6 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 6 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 6 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 6 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 6 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 6 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 6 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 6 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 6 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 6 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 6 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 6 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 6 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 6 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 6 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 6 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 6 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 6 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 6 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 6 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

Tesco

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