China Resources Enterprise warns of 2014 loss, hit by Tesco venture costs

China Resources Enterprise warns of 2014 loss, hit by Tesco venture costs

HONG KONG, March 3 (Reuters) – Retail-focused conglomerate China Resources Enterprise (CRE) expects the financial impact from the initial stages of its joint venture with Tesco to send it to a full-year loss for 2014, the company said on Tuesday.

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