Bloomberg Ericsson AB plans to cut 3,000 jobs in Sweden, a fifth of the workforce in its home country, as it curbs production to cope with shifting technology and stagnant demand for wireless-network equipment. The company will reduce manufacturing in the towns of Boraas and Kumla — a move it signaled last month— as it turns its focus to ...

  Strasbourg / AFP The European Parliament will vote on its “negotiating lines” for Britain’s exit from the EU after London triggers the divorce process next year, its Brexit pointman said on Tuesday. Former Belgian premier Guy Verhofstadt welcomed Prime Minister Theresa May’s announcement at the weekend that Britain will start negotiations by the end of March but said there ...

  Rio de Janeiro / AFP The sweeping victory of centrist and right-wing parties in municipal elections on Sunday will give Brazil’s new President Michel Temer at least a temporary boost as he pushes through austerity reforms, analysts said. The once-dominant leftist Workers’ Party was routed in the nationwide polls, confirming Brazil’s shift to the right in the wake of ...