European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.» Read More
SEOUL, April 14- South Korea's state health insurer is seeking an initial 53.7 billion won from three tobacco companies, including the local units of Philip Morris International and British American Tobacco, to offset treatment costs for diseases linked to smoking.
SEOUL, April 14- South Korea's state health insurer said on Monday it was seeking an initial 53.7 billion won from three tobacco companies, including the local units of Philip Morris and British American Tobacco, to offset treatment costs for diseases linked to smoking. Philip Morris was not immediately available for comment.
LONDON, April 3- Britain plans to force tobacco firms to sell cigarettes in plain packets without branding to improve public health and cut the number of child smokers, a government minister said on Thursday, dismaying the industry and delighting anti-smoking campaigners.
LONDON, April 3- Britain looked set to force tobacco companies to standardise cigarette packaging after a government review said on Thursday that the move would help cut smoking rates, although ministers were criticised for delaying a final decision.
LONDON, April 3- Britain said on Thursday it was minded to force tobacco firms to sell cigarettes in plain standardised packaging and would hold a short consultation on the issue which could result in new regulations entering into force before May 2015.
LONDON, March 24- Deliveries of tobacco to retailers in Australia rose slightly last year for the first time in at least five years, even after the introduction of plain packaging aimed at deterring smokers, according to industry sales figures released on Monday.
LONDON, March 24- Deliveries of tobacco to retailers in Australia rose slightly last year for the first time in at least five years, even after the introduction of plain packaging aimed at deterring smokers, according to industry sales figures to be released on Monday.
*Risk of pick-up in China defaults could slow growth. The basic resources sector dropped 1.8 percent after Shanghai copper fell by its 5 percent daily limit on concerns over credit markets in China, the world's biggest metals consumer.
*Possibility of pick-up in China defaults could slow growth. LONDON, March 12- European shares fell on Wednesday, weighed down by below-forecast earnings reports and fears of more corporate defaults in China as a persistent decline in the copper price hit the mining sector.
March 3- U.S. tobacco company RJ Reynolds is exploring a bid for rival Lorillard Inc, the Financial Times reported, citing people familiar with the situation. The deal is expected to value Lorillard Inc, known for its Newport menthol cigarettes, in excess of $20 billion, the paper reported.
*Traders cite concerns over escalating Ukraine tension. LONDON, Feb 27- Escalating political tension in Ukraine pushed European stock markets lower on Thursday, putting a brake on this month's rally and causing market volatility to rise.
*Traders cite concerns over escalating Ukraine tension. LONDON, Feb 27- Escalating political tension in Ukraine weighed on European stock markets on Thursday, putting another brake on this month's rally.
SHANGHAI, Jan 16- When Qu Liang's wife became pregnant, the 30- year-old Shanghai salesman switched from smoking to "vaping", a practice uncommon in China although it is the world's leading producer of electronic cigarettes. Puffing on the devices, or vaping, is surging worldwide, but it forms only a tiny part of China's 1.2 trillion yuan cigarette business.
Like every other UK taxpayer, he will be entitled to a tax credit on any dividend payment he receives. The credit is intended to compensate shareholders for the fact that dividends are paid out of income which has already been subject to UK corporate income tax.
A court ruling to restrict the sale of e-cigarettes in France this week could knock the nascent e-cigarette industry off course.
*Russia cracking down on tobacco consumption. MOSCOW/ LONDON, Dec 4- Philip Morris International Inc and Japan Tobacco Inc are buying 20 percent stakes in their Russian distributor Megapolis for $750 million each, strengthening their grip on the world's No.2 cigarette market by volume after China.
*Philip Morris, Japan Tobacco buy stakes for $750 mln each. MOSCOW, Dec 4- Philip Morris International Inc and Japan Tobacco Inc are buying 20 percent stakes for $750 million each in Russian distributor Megapolis, strengthening their grip on the world's No. 2 cigarette market after China.
European equities closed higher on Thursday on euro zone data and a positive handover from Wall Street boosting investor sentiment.
LONDON, Nov 28- Britain signalled it would force tobacco companies to scrap branded cigarette packaging on Thursday in an attempt to reduce the number of children who may be drawn to smoking by striking and brightly coloured packs.
*Commerzbank, Rio lead respective sectors to rises. LONDON, Nov 28- European shares rose on Thursday, boosted by risk-sensitive stocks on the back of new record highs in the United States, but held below five-year peaks with shares in tobacco firms hit by a U-turn by Britain on how their products are packaged.