Europe

UK grocery price inflation hits record 17.1%

UK consumers cost of buying food has soared 17.1%. Products with fastest growing prices include milk, eggs, and butter as the United Kingdom faces a cost-of-living crisis.

Ericsson to cut 1,400 Jobs as orders slow

The cuts are part of an effort the company announced late last year to reduce costs by 9 billion Swedish kronor, equivalent to about $861 million, by the end of 2023.