Grammarly secures $1 billion from General Catalyst to build AI productivity platform

There is no UK supermarket price war, says Aldi boss

LONDON (Reuters) -Britain is not in the midst of a supermarket price war despite some suggestions to the contrary, the boss of the UK arm of German discounter Aldi said, warning rivals his business still had "huge potential" for growth. In March, Asda, Britain's third largest grocer, boosted speculation of a price war, saying it would take a hit to profits to finance a campaign of price cuts aimed at reversing a slide in market share. The warning hit the shares of industry leader Tesco and number two Sainsbury's, which took account of Asda's move in their profit outlooks.

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Grammarly secures $1 billion from General Catalyst to build AI productivity platform

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