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  • LUXEMBOURG/ LONDON, Dec 23- An adviser to Europe's highest court said an EU law on cigarettes was valid, rebuffing a challenge from Philip Morris International and British American Tobacco, though the court still has to deliver a final ruling. The opinion, if adopted by the court in Luxembourg, would be a blow to Big Tobacco companies, which had lobbied vigorously...

  • Companies including Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco Group are challenging the legislation because it will prohibit all forms of branding on tobacco packaging, including colors and logos. "Smoking is catastrophic for your health and kills over 100,000 people every year in the UK," said...

  • LONDON, Dec 10- Big Tobacco took the British government to court on Thursday, arguing that the UK's "plain packaging" law which will take effect next May, unlawfully takes away its intellectual property. Companies including Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco Group are challenging the...

  • MOSCOW, Dec 7- Russia is considering a bill to raise the legal smoking age to 21 from 18 as part of an ongoing drive to improve public health in a nation of heavy smokers. Japan Tobacco Inc, Philip Morris International, British American Tobacco and Imperial Tobacco together control 90 percent of the $16 billion Russian cigarette market, based on 2014 results,...

  • LONDON, Nov 18- British American Tobacco plans to test a hybrid product that combines tobacco and e-cigarette technology next week in a European market, a senior executive said on Wednesday. The test is the latest in a line of cigarette alternatives sold by big tobacco firms like BAT, Philip Morris International, Imperial Tobacco and Japan Tobacco, who are...

  • LONDON, Oct 28- British American Tobacco, the world's No. 2 cigarette company, reported a 6.5 percent decline in revenue for the first nine months of the year, hurt by currency fluctuations and declines in smoking rates. "However I remain confident that we are on track to deliver another year of good earnings growth at constant rates of exchange," said BAT Chief...

  • TORONTO, Oct 27- A Canadian appeal court on Tuesday ordered two major tobacco companies to set aside a combined C $984 million while they challenge billions of dollars in damages awarded to smokers in the province of Quebec. The more than C $15 billion in damages awarded in June, if upheld in an appeal of two class-action lawsuits, would compensate some 100,000...

  • TOKYO, Sept 29- Japan Tobacco Inc is in the final stages of talks to buy Reynolds American Inc's Sante Fe Natural Tobacco unit for about $5 billion, aiming to reach an agreement this week, the Nikkei business daily reported on Tuesday. Officials at Japan Tobacco and Reynolds American were not immediately available for comment. With the purchase of Sante Fe, JT hopes...

  • *JT in talks to buy assets worth about $5 bln- Bloomberg. *Talks in advanced stage but could still fall apart- Bloomberg. Sept 24- Japan Tobacco Inc is in advanced talks to buy assets worth about $5 billion from Reynolds American Inc, including some of the Natural American Spirit tobacco brand, Bloomberg reported on Thursday.

  • LONDON, Sept 10- European shares retreated on Thursday as companies exposed to Brazil came under severe selling pressure after Standard& Poor's downgraded the country's credit rating to "junk" grade. Shares in French retailer Casino Guichard, which received about half of its 2014 revenue from Latin America, fell 4.4 percent, while its peer Carrefour, which gets...

  • European shares fall, Brazil-exposed stocks weigh Thursday, 10 Sep 2015 | 4:42 AM ET

    LONDON, Sept 10- European shares retreated on Thursday, tracking sharp losses on Wall Street and in Asia, with companies exposed to Brazil coming under pressure after Standard& Poor's downgraded the country's credit rating to junk grade. Shares in Casino Guichard, Banco Santander, Seadrill Anheuser-Busch InBev, British American Tobacco and Unilever fell 1 to...

  • Europe blue-chip shares on the cheap? Think again Tuesday, 25 Aug 2015 | 11:49 AM ET

    *Credit Suisse recommends telecoms over consumer goods. LONDON, Aug 25- Stock markets are rebounding after a bruising 48- hour sell-off. But with China still battling to revive its slowing economy, Europe's "screaming buys" come with risks.

  • LONDON, Aug 19- Health officials in Britain have for the first time endorsed e-cigarettes, saying they are 95 percent safer than tobacco equivalents and even suggesting doctors should be able to prescribe the "game-changing" devices to smokers trying to quit. Governments from California to India have tried to regulate their use more strictly, many fearing they...

  • LONDON, Aug 19- Electronic cigarettes are around 95 percent less harmful than tobacco and should be promoted as a tool to help smokers quit, a study by an agency of Britain's Department of Health said on Wednesday. E-cigarettes, tobacco-free devices people use to inhale nicotine-laced vapour, have surged in popularity on both sides of the Atlantic but health...

  • Europe ends higher after bumper earnings day Wednesday, 29 Jul 2015 | 11:30 AM ET
    Federal Reserve building in Washington, D.C., U.S.

    European stocks finished higher on Wednesday after a bumper day of earnings, while investors awaited news from a two-day policy meeting of the U.S. Federal Reserve.

  • Europe closes mostly lower; Greece in focus Tuesday, 2 Jun 2015 | 11:49 AM ET

    European equities close largely lower as investors focus on the continuing negotiations regarding Greece's debt problems and new economic data.

  • Tobacco firms to appeal $11.9B Canadian court ruling Tuesday, 2 Jun 2015 | 2:43 AM ET
    Tobacco smoking cigarette

    Three tobacco firms said they would appeal a Canadian court ruling that awarded more than $11 billion in damages to smokers in class action cases.

  • E-cigarettes: Smoking hot for these consumers Friday, 20 Mar 2015 | 6:28 AM ET

    Explosive growth in the use of e-cigarettes in the U.K. is perhaps the latest sign of changing consumer habits in an era marked by gadgets.

  • Gates, Bloomberg take on Big Tobacco with $4M fund Thursday, 19 Mar 2015 | 4:33 AM ET
    Michael Bloomberg

    Countries facing potentially pricey legal challenges from big tobacco firms are to get help from a fund created by Bill Gates and Michael Bloomberg.

  • Vote to ban branded cigarette packs sparks row Wednesday, 11 Mar 2015 | 1:05 PM ET
    An illustration of how a UK cigarette packet would look if the plain packaging regulations were introduced.

    British politicians are expected to approve laws to enforce plain, standardized packaging for cigarettes.