Business
Evening Standard
Consumer goods giant Unilever is set to cut as many as 7,500 jobs, “predominantly” in London ,as its new CEO brings in a massive restructuring program after warning that the Cornetto-to-Dove behemoth’s 2023 results were disappointing. Japan’s first interest rate hike in 17 years failed to derail the Nikkei 225 today, with Tokyo’s leading benchmark 0.7% higher by the close. The Bank of Japan’s change in short-term rate to between zero and 0.1% ended eight years in negative territory, a move widely predicted by economists.