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...that suing tobacco companies was impossible”, he recalled....
...She has advised on deals including Philip Morris International’s acquisition of the smokeless tobacco company Swedish Match, and the £4bn purchase of UK department store Selfridges by Thai conglomerate Central...
...Elliott Management, the biggest shareholder in Swedish Match, has decided to back Philip Morris’s $15.7bn offer for the smokeless tobacco specialist, putting completion of the deal within reach, according...
...The FDA has granted approval for just 23 new tobacco-flavoured vaping devices under its rolling review of 26mn e-cigarettes. This commenced in 2020 and has yet to approve a single flavoured vape....
...Financially, big tobacco has adopted a cash cow strategy....
...“The fact that Ms McDaniel is on the payroll at NBC News, to me that is inexplicable, and I hope they will reverse their decision,” she said....
...“The disparate treatment Ms Puris experienced only increased as she neared 50 years old and Company executives made it clear that they preferred young, less experienced employees who they believed to be...
...Competition between the tech giants is ruthless, and new technologies — especially AI — are likely to reshape the industry in ways we can’t even imagine....
...Vectura, which is run separately, has been investing in R&D, plans a new “inhalation centre of excellence” in Bristol, and hired a new boss from Novartis when its chief executive and finance director left...
...However, in recent years sectors from property and finance to healthcare and tobacco have landed in investigators’ crosshairs, often leading to the arrest of not only corrupt officials and party members,...
...In 2020, the Center for Consumer Freedom, a non-profit group that has advocated for the meat, alcohol and tobacco industries, took aim at a new target: the plant-based meat industry Its Super Bowl television...
...PMI’s pivot away from cigarettes towards less harmful vapour-based nicotine alternatives, which accounted for about a third of its revenues last year, placed the tobacco group’s new product line “on the...
...Olczak was himself a smoker for two decades until he tried the IQOS heated tobacco device....
...The EU is trying to tackle this with new legislation....
...But it has suspended new investment and scaled down operations in the country....
...Juul executives have sounded out tobacco companies including Japan Tobacco and Philip Morris International in recent months about a possible investment, sale or licensing agreement, according to people briefed...
...“Suggesting Ms Ma is an executive officer of Baidu, based on her share-based compensation, is mistaken,” the company added....
...oral nicotine pouches and a new device called Swic that heats tobacco capsules, will compete with PMI products Zyn, which was developed by recently acquired Swedish Match, and IQOS, the heated tobacco sticks...
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...The joint venture is centred on two products: Japan Tobacco’s heated tobacco stick Ploom and Altria’s Marlboro-branded heated tobacco products....
...Unsettled by the current climate, legislators in at least nine states, including New York and New Jersey have proposed or passed bills this year aimed at limiting the harms associated with the product, ranging...
...The M&Ms maker said its new target had been reviewed by the Science Based Targets initiative, the arbiter of corporate climate targets....
...Juul secured new funding from two existing investors last November but has been forced to cut jobs to preserve cash as it seeks to avert a mooted Chapter 11 bankruptcy filing....
...Putting aside the questionable ethics of selling tobacco, the advert opened a door to a history of black advertising that felt authentic and respectful....
...I am not serious, so I went to see the new Quentin Dupieux film, Smoking Causes Coughing....
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