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Ben & Jerry's owner Unilever to spin off ice cream arm
Ben & Jerry's owner Unilever to spin off ice cream arm
Economy
by  AFP

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."

AI titan Nvidia ramps up collaboration with Chinese auto giants
AI titan Nvidia ramps up collaboration with Chinese auto giants
Technology
by  AFP

Nvidia on Monday announced a major expansion of its collaboration with world-leading BYD and other Chinese electric car makers, including on the development of autonomous AI-boosted vehicles. Nvidia said other major Chinese EV firms, including XPeng, Li Auto, ZEEKR and GAC Aion have also adopted the Thor platform, which was first announced in 2022.