Bloomberg The soaring costs and staffing shortages plaguing the UK’s food-supply chain show little sign of ebbing next year, industry groups warned. The country’s slaughterhouses and produce farms have been hit by worker shortages and transport bottlenecks this year, while rocketing prices of fertilizer, energy, packaging and feed are adding to the woes. Those pressures will be maintained on ...

  Bloomberg Swedish inflation accelerated more than expected in November to the highest level in almost 28 years, testing the central bank’s patience for a price surge it believes to be largely transitory. The Riksbank’s target measure, CPIF, stood at 3.6% last month, Statistics Sweden said. It is the highest since December 1993, just over a year before the inflation ...

  Bloomberg BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories. The automaker said it signed an agreement with Inova Semiconductors and Globalfoundries Inc., guaranteeing the supply of “several million” chips per year. The components will provide controls for ambient lighting ...