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In this Tuesday, May 13, 2014 photo, construction cranes and scaffolding dominate the minarets and entries to the Kaaba at Mecca, Saudi Arabia, where a major expansion project is revamping the holiest site in Islam. As Muslims from around the world stream into Mecca for the annual hajj pilgrimage this week, they come to a city undergoing the biggest transformation in its history. (AP Photo/Hasan Jamali)

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In this Tuesday, May 13, 2014 photo, construction cranes and scaffolding dominate the minarets and entries to the Kaaba at Mecca, Saudi Arabia, where a major expansion project is revamping the holiest site in Islam. As Muslims from around the world stream into Mecca for the annual hajj pilgrimage this week, they come to a city undergoing the biggest transformation in its history. (AP Photo/Hasan Jamali)

Tesco says UK authorities to investigate after profits were overstated

LONDON - Tesco, one of the world's largest food retailers, says U.K. authorities are conducting a full investigation after its half-year profit was overstated by 250 million pounds ($407 million).

Tesco said Wednesday it will co-operate fully with the Financial Conduct Authority probe. The company had already launched an internal investigation ...

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