Industry Minister François-Philippe Champagne has criticized Canada’s three biggest grocery companies—Loblaw, Metro and Empire—for failing to be transparent on the causes of food inflation.

Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.

The intentions, revealed in a public filing, come after the once-hot company’s share price closed at a new low and its enterprise value fell below zero.

EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.

Hipgnosis Songs Fund has agreed to a $1.4 billion takeover by Concord Chorus, which is owned by Alchemy Copyrights.

BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.