Unilever's spinoff of its ice cream business will begin trading on Monday - with a reference price of €12.80 in the company's primary Amsterdam listing, and secondary listings also set to begin trading in London and New York later this week.

Unilever's ice cream business has officially begun trading as an independent company, with a reference price of €12.80 on its primary Amsterdam listing and secondary listings in London and New York. The decision to spin off the division follows investor calls for Unilever to streamline its operations and comes after the company abandoned plans to sell the business to private equity.

The launch of the new company, based in Amsterdam and featuring brands like Magnum and Ben & Jerry's, has been accompanied by public disagreements with Ben & Jerry's founders. Recent disputes have centered on the brand's social mission and leadership, with both sides making public statements regarding the future direction of Ben & Jerry's.

The scoop on Unilever's ice cream spinoff

where Unilever's spin-off of its ice cream business will begin trading this morning with a reference price of €12.80 in the company's primary Amsterdam listing and secondary listings also set to begin trading in London and New York. Unilever first announced plans to separate its ice cream business in March last year, facing pressure from investors to overhaul its sprawling business. In November of that year, the FT reported that Unilever had shelved plans to run a sales process aimed at finding a private equity buyer for the division, instead shifting focus to an independent listing. The company confirmed its spin-off plans in February with the new Magnum ice cream company based in Amsterdam and listed in the Netherlands, UK and US. But a series of public rows with the founders of Ben & Jerry's have threatened to overshadow the spin-off. Just this weekend, Magnum's CEO called on Ben Cohen and Jerry Greenfield to hand over to a new generation. Cohen hit back, accusing Magnum of attempting to silence the brand's social mission, having previously called on Unilever to, quote, free Ben & Jerry's.

Ukrainian President Volodymyr Zelenskiy said on Monday (December 8) that unity between Europe, Ukraine and the U.S. was important when negotiating an end to Russia's war in Ukraine. He made the remark during a visit to London.

London

Ukraine Invasion

Kyiv stresses European unity as allies 'skeptical' of U.S. peace plan

A powerful 7.6-magnitude earthquake hit northern Japan on Monday (December 8), triggering a tsunami warning of up to 15 inches in coastal areas. CBS News' Vlad Duthiers reports.

Aomori

Powerful earthquake rocks Japan, triggers tsunami warnings

Ukrainian leader Volodymyr Zelenskyy and European allies prepared to hold talks in London on Monday (December 8), after President Donald Trump accused him of not reading the U.S. proposal to end the war with Russia.

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Thailand has launched airstrikes on Cambodian military sites as renewed border violence threatens a U.S.-backed peace deal.

Bangkok

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South African authorities have withdrawn a 90-day visa exemption for Palestinians, saying the recent arrival of a charter flight with 153 people onboard was part of a campaign of “forced migration.”

Johannesburg

Middle East Conflict

South Africa withdraws 90-days visa exemption for Palestinians

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Okinawa

Chinese fighter jet locks radar on Japan planes

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Hong Kong's citizens were voting on Sunday in an election where the focus is on turnout, with residents grieving and traumatized after the city's worst fire in nearly 80 years and the authorities scrambling to avoid a broader public backlash.

Hong Kong Island

Hong Kong holds tightly guarded election amid anger over deadly fire

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Kyiv

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Moscow

Russia targets Ukraine's energy infrastructure

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Washington

Pete Hegseth on boat strikes: "We will find you and we will sink you"

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Ponce

U.S boosts military presence in Puerto Rico amid Venezuela tensions

Residents in the Indonesian region of Aceh Tamiang have been struggling to get aid while mourning the loss of their loved ones, as the death toll from floods and landslides that hit Sumatra island this month rose to more than 900 people.

Jakarta

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Ukrainian President Volodymyr Zelenskiy said on Saturday that he had had a long and "substantive" phone call with U.S. President Donald Trump's special envoy Steve Witkoff and Trump's son-in-law Jared Kushner.

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Netflix is set to buy Warner Bros. in a deal valued at $72 billion, but the announcement has sparked concern among industry workers.

Hollywood

Netflix acquisition of Warner Bros. sparks industry concern

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A 22-year-old woman who says she was born and raised in the United States tells "CBS Saturday Morning" about being chased down the street by U.S. Customs and Border Protection agents as the Trump administration's New Orleans immigration crackdown ramps up.

New Orleans

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One of the world's most influential architects Frank Gehry has died at the age of 96. Known for his whimsical, unpredictable style, he rose to fame with his titanium design for the Guggenheim Museum in Bilbao.

Bilbao

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Saulsville

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The U.S. Supreme Court has agreed to decide the legality of President Donald Trump's directive to restrict birthright citizenship in the United States, a contentious part of his efforts to curb immigration and a step that would alter how a 19th century constitutional provision has long been understood.

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Delhi

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Manhattan

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Tegucigalpa

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A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.

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A grand jury has rejected the Department of Justice's attempt to re-indict New York Attorney General Letitia James. CBS News legal contributor Jessica Levinson has reaction.

Breakdown