British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.It added: "After separating Ice Cream and implementing the productivity programme, Unilever will have a structurally higher margin."
The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years as it shifted away from its long-running ultra-loose monetary policy.While the moves were a major change from a long-running policy, Japanese stocks rose as the BoJ's comment that conditions would remain accommodative tempered fears of more hikes.
Everything you need to know ahead of the quarter-final first leg