A merger between Reynolds American and Lorillard would have benefits in their domestic market. It could also kick off more deals overseas.» Read More
*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.
In 2009, the FDA was given authority to regulate cigarettes, cigarette tobacco and roll-your-own tobacco, although not pipe tobacco, cigars or e-cigarettes, battery-operated products that produce a vapor containing nicotine that is inhaled. The law allows the FDA to expand its authority over all tobacco products, but it must first issue new regulations.
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.
Alison Cooper, CEO of Imperial Tobacco, said cigarette and tobacco sales in Germany were "excellent," despite EU weakness.
Alison Cooper, CEO of Imperial Tobacco, highlights the rise of illicit tobacco products following quarterly results and explains why it will continue to lobby the EU.
Banks, retailers and many others may have suffered during Europe's downturn but the tobacco sector has remained rock solid during a time of weak consumer spending.
European shares suffered their biggest daily drop this month after gloomy earnings and weak U.S. economic data hit sentiment on Wednesday and left some positioning for further falls in the near-term.
LONDON, Oct 30- Imperial Tobacco has taken a 1.2 billion-pound writedown on its Spanish business as the impoverished country's smokers turn to cheaper black market cigarettes.
*Carroll exit leaves two female CEOs in FTSE 100. LONDON, Oct 26- Mining giant Anglo American's outgoing chief executive Cynthia Carroll, only the third woman to take the helm of a FTSE 100 company, warned on Friday that calls for quotas to diversify Europe's boardrooms could reduce women to a token presence.