London, April 16, 2026 (AFP) - UK supermarket Tesco says Mideast war hits profit outlook

NAMPA / AFP
2026-04-16
Britain's biggest supermarket chain Tesco warned Thursday that its profits could be impacted by the Mideast war lifting food costs, as it posted higher earnings for its last financial year. Tesco said adjusted operating profit for 2026/27 could come in lower compared with the 12 months to the end of February. The figure is forecast to reach between £3 billion and £3.3 billion ($4.1 billion and $4.5 billion), having risen slightly to £3.15 billio......
Restricted content

Latest NAMPA photos

WINDHOEK, 16 April 2026 - Lawyer Joas Neemwatya pictured with his clients outside the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 16 April 2026 - Lawyer Joas Neemwatya pictured with his clients outside the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

NAMPA
WINDHOEK, 16 April 2026 - First National Bank (FNB) Namibia on Wednesday announced a partnership with the City of Windhoek (CoW) to advance the capital’s Smart City agenda, with a focus on improving public safety through enhanced surveillance infrastructure. (Photo: Contributed)

WINDHOEK, 16 April 2026 - First National Bank (FNB) Namibia on Wednesday announced a partnership with the City of Windhoek (CoW) to advance the capital’s Smart City agenda, with a focus on improving public safety through enhanced surveillance infrastructure. (Photo: Contributed)

NAMPA
MARIENTAL, 15 April 2026 - The Evangelical Lutheran Church of the Republic of Namibia donated 65 hectares of land to the Mariental Municipality on Wednesday. Receiving the donation from ELCRN Bishop Abraham ||Kheibeb is Mariental Mayor Ethel Isaacks alongside the chairperson of the management committee, Hermanus Isaak. (Photo: Contributed)

MARIENTAL, 15 April 2026 - The Evangelical Lutheran Church of the Republic of Namibia donated 65 hectares of land to the Mariental Municipality on Wednesday. Receiving the donation from ELCRN Bishop Abraham ||Kheibeb is Mariental Mayor Ethel Isaacks alongside the chairperson of the management committee, Hermanus Isaak. (Photo: Contributed)

NAMPA
WINDHOEK, 15 April 2026 - Swapo Party Secretary General Sophia Shaningwa delivering her tribute during the memorial service of former governor James Uerikua at Parliament Gardens. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 15 April 2026 - Swapo Party Secretary General Sophia Shaningwa delivering her tribute during the memorial service of former governor James Uerikua at Parliament Gardens. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
WINDHOEK, 15 April 2026 - Affirmative Repositioning leader Job Amupanda paying tribute to the late James Uerikua. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 15 April 2026 - Affirmative Repositioning leader Job Amupanda paying tribute to the late James Uerikua. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
OSHAKATI, 15 April 2026 - The president of NALAO, Moses Matyayi, at the 22nd Annual Conference and Annual General Meeting (AGM) of the Namibian Association of Local Authority Officials (NALAO), at Ongwediva on Wednesday. (Photo by: Ester Hakaala)

OSHAKATI, 15 April 2026 - The president of NALAO, Moses Matyayi, at the 22nd Annual Conference and Annual General Meeting (AGM) of the Namibian Association of Local Authority Officials (NALAO), at Ongwediva on Wednesday. (Photo by: Ester Hakaala)

NAMPA
WINDHOEK, 15 April 2026 - Jennifer Uerikua, paying tribute to her late brother, the former governor of the Otjozondjupa region and member of parliament (MP) James Uerikua at Parliament Gardens. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 15 April 2026 - Jennifer Uerikua, paying tribute to her late brother, the former governor of the Otjozondjupa region and member of parliament (MP) James Uerikua at Parliament Gardens. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
WINDHOEK, 15 April 2026 - President Netumbo Nandi-Ndaitwah pictured at the Namibia International Energy Conference in Windhoek. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 15 April 2026 - President Netumbo Nandi-Ndaitwah pictured at the Namibia International Energy Conference in Windhoek. (Photo by: Molly Weyulu) NAMPA

NAMPA