A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.» Read More
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.
HAVANA, March 31- Cuba has declared itself open for business with a new foreign investment law but faces deep skepticism given a history that includes jailing foreign executives and attempting to seize greater control of businesses once they prove successful.
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.
NEW YORK, March 21- The honeymoon for dividend stocks is over. While U.S. growth hasn't exactly been robust and interest rates haven't spiked significantly, the tide has turned so far this year with $1.2 billion in investor outflows from equity-income funds, notes Jeff Tjornehoj, head of Americas research for Lipper, a Thomson Reuters company.
*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.
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.
AMSTERDAM, Nov 28- The Dutch Health Ministry sounded an early warning on Thursday about the possible health risks of electronic cigarettes, announcing plans to clamp down on labelling ahead of European regulations.
*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.
LONDON, Nov 28- European shares edged up on Thursday on the back of new record highs in the United States, but held below five-year peaks as investors digested mixed earnings news and a U-turn by Britain on tobacco advertising.
*Miners fall following weak China data. *Johnson Matthey buoyed by results. LONDON, Nov 21- European shares were lower in midday trade on Thursday after Federal Reserve comments rattled nerves about the central bank's stimulus policy, and miners were weaker after Chinese data.
Nov 20- Philip Morris International Inc plans next year to enter the electronic cigarette business, a $2 billion- plus global market identified by the maker of Marlboro cigarettes as its "greatest growth opportunity".
LONDON, Nov 5- Imperial Tobacco Group said cost cuts and the launch of electronic cigarettes would help deliver "modest" growth for the new year as it posted slightly better than expected earnings.
Alison Cooper, CEO of Imperial Tobacco, talks about innovation and reveals the group has hired the inventor of e-cigarettes.
Alison Cooper, CEO of Imperial Tobacco, says the group's performance was very robust in spite of the tough environment and its "transition" program.
European shares closed sharply lower on Thursday after two different U.S. economic reports were released and as U.S. indexes saw their biggest one-day drops since June.
Traditional tobacco companies need to adapt to the rise of electronic cigarettes - or e-cigarettes - ahead of the product becoming regulated in the U.K., according to an analyst at Berenberg Bank.