Hints and tips:
...But they illustrate the difficulty for cigarette manufacturers, whose efforts to switch into vapes and e-cigarettes are faltering....
...If the government had any less puff, it would fall foul of its own ban on disposable vapes....
...Other measures A new tax will be levied on vapes, starting from October 2026....
...The FT’s podcast on office life offers some tips on how to navigate the new office style....
...Michael Hudson answers questions on Europe’s self-immolation, Fed’s malpractice, changing world order (Naked Capitalism) — An SBF ally in the barrel (Puck) — A forgotten banking scandal suggests FTX is the tip...
...It has created 79 companies, ranging from a coffee producer, to a new airline, a waste-recycling business, a defence firm and even a vape business....
...We see fair value 12m forward P/E of 21x (if the TIPS yield falls to -2%). • Excess liquidity remains highly supportive: Growing at 20%, consistent with a 90% re-rating....
...The e-cigarette itself is a short white stick, with a brown, squidgy tip....
International Edition