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...that suing tobacco companies was impossible”, he recalled....
...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...British American Tobacco said on Thursday that it was working on divesting some of its nearly 30 per cent stake in India’s largest tobacco company ITC, potentially paving the way for it to resume share buybacks...
...The chief executive of British American Tobacco has dismissed the idea of moving the company’s listing from London to New York as a “distraction”, after it emerged that the top-10 shareholder who pushed...
...While an unlikely coalition of tobacco control advocates and cigarette makers such as British American Tobacco both embraced a tax targeted at vapes — which has already been introduced in several EU countries...
...That holds true for tobacco companies, too....
...British American Tobacco shares have fallen by a quarter over the past year as it grapples with the uncertain long-term future of its traditional cigarette business and investors push for the return of share...
...British American Tobacco likes to call its primary source of cash combustibles, not cigarettes. On Wednesday, it reminded the market why....
...Thames Water: for honesty, disclosure is the best policy British American Tobacco is a run-off business to the extent that it continues to shrink....
...British American Tobacco is to write down the value of some of its US cigarette brands by £25bn because of economic headwinds damaging sales in its biggest market....
...Since most large American entities touch the Golden State, this will suck 8,000 companies into the net, according to Crunchbase estimates....
...Big share price moves in Europe this morning include Dutch payments company Adyen, UK-based cigarette maker British American Tobacco, and Danish shipping group AP Møller-Maersk....
...The lawsuit, filed in the Massachusetts superiorstate court on Friday, alleged that the US company, which operates the second most popular sports betting app, “knowingly and unfairly designed” a $1,000 sign-up...
...The US federal drug regulator has told British American Tobacco’s US subsidiary to halt sales of its menthol-flavoured Vuse Alto vape, the most popular e-cigarette in the US, following a jump in popularity...
...London-listed shares in Anglo American have been down by more than a third since the start of last year, putting its market capitalisation at £29bn, as the company’s De Beers diamond division and platinum...
...The new chief executive of British American Tobacco says he wants governments to subject vaping and other tobacco alternatives to “better regulations”, as global controversy over the products threatens a...
...Companies: Updates are expected from Anglo-Swedish drug giant AstraZeneca, British American Tobacco, French lender Crédit Agricole, France’s L’Oréal, advertising company Publicis, Germany’s Siemens and Watches...
...On Tuesday evening, MPs approved the government’s tobacco and vapes bill by 383 votes to 67 at its second reading in the House of Commons....
...BHP has proposed a takeover of Anglo American in an all-stock deal that would bring together two global mining companies and rank as one of the industry’s largest transactions in years....
...Nicolai Tangen, chief executive of the $1.6tn fund, told the Financial Times it was “worrisome” that American companies were outpacing their European rivals on innovation and technology, leading to vast...
...Imperial Brands: Shares advanced 2.8 per cent after the tobacco company embarked on the second half of a £1.1bn share buyback....
...I’m not seeing it in tobacco: The difference in returns here is amazing, and there is a leverage difference, too. Give me Altria over British American Tobacco all day....
...Moreover, tobacco companies throw off cash. Imperial generated £2.6bn after capex in 2022, equivalent to 17 per cent of its market value....
...Instead, an underrated factor seems to be not American cars but American drivers....
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