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Food and Beverage Tobacco

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  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...

  • Australian spending on tobacco goes up in smoke Friday, 5 Jun 2015 | 3:24 AM ET

    SYDNEY, June 5- Australian spending on tobacco has tumbled to its lowest since at least 1959, a clear sign that ever rising taxes and laws forcing plain packaging on cigarette companies are pushing people off the habit. That amounts to less than A $132 for every Australian, slim pickings in a country where a packet costs upwards of A $22. Even going back to 1959, when...

  • Altria Group Inc, Reynolds American Inc and Lorillard Inc dismissed their case after the FDA on May 29 said it would review whether to mandate advance approval for label alterations such as changes to logos and background colors, or the use of descriptors such as "premium tobacco." In their April lawsuit filed in federal court in Washington, D.C., the companies said...

  • Tobacco companies drop lawsuit vs FDA over labeling Tuesday, 2 Jun 2015 | 1:27 PM ET

    In a filing with the federal court in Washington, D.C., units of Altria Group Inc, Reynolds American Inc and Lorillard Inc said they decided to dismiss their case after the FDA on May 29 said it would review a policy governing the labeling of tobacco products.

  • LONDON, June 2- European shares edged lower on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with creditors. Imperial Tobacco, down nearly 2 percent at 0732 GMT, weighed on the market after the UK group's Canadian subsidiary and two other tobacco...

  • OTTAWA, June 1- Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than C $15 billion in damages to Quebec smokers in two related class action cases. Imperial Tobacco Canada, a subsidiary of British American Tobacco PLC, JTI-Macdonald Corp, part of Japan Tobacco Inc Group and Rothmans, Benson& Hedges Inc- a subsidiary...

  • OTTAWA, June 1- Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than C $15 billion in damages to Quebec smokers in two related class action cases. The damages would compensate about 100,000 Quebec smokers and ex-smokers who alleged that the companies knew they were selling a harmful product that was causing...

  • Reynolds deal comes out smoking Wednesday, 27 May 2015 | 10:00 AM ET
    Reynolds deal comes out smoking

    Reynolds American wins U.S. antitrust approval to buy rival Lorillard.

  • WASHINGTON, May 26- Reynolds American Inc won U.S. antitrust approval on Tuesday for its deal to buy smaller rival Lorillard in a deal that would combine the No. 2 and No. 3 U.S. cigarette companies. Reynolds, which makes Camel and Pall Mall cigarettes, said in July it would buy Lorillard, which makes Newport, for $27.4 billion. Altria Group, which owns Marlboro, has a 47...

  • WASHINGTON, May 26- Reynolds American Inc won U.S. antitrust approval on Tuesday for its deal to buy smaller rival Lorillard in a deal that would combine the No. 2 and No. 3 U.S. cigarette companies. The Federal Trade Commission said it would allow the deal to go forward in condition that the companies sell four cigarette brands- Winston, Kool, Salem, and Maverick.

  • WASHINGTON, May 22- A U.S. federal appeals court on Friday ruled that tobacco companies cannot be forced to announce publicly that they deliberately deceived the public over the health risks of cigarettes. The U.S. Court of Appeals for the District of Columbia Circuit ruled against the manufacturers on several other issues as it considered a long-running...

  • INSIGHT-Is nicotine all bad? Tuesday, 19 May 2015 | 5:59 AM ET

    LONDON, May 19- Since he ditched Marlboro Lights five years ago, Daniel's fix is fruit-flavoured nicotine gum that comes in neat, pop-out strips. He gets through 12 to 15 pieces a day and says he has "packets of the stuff" stashed all over. Psychologists and tobacco-addiction specialists, including some in world-leading laboratories in Britain, think it's now time...

  • Tobacco CEO: If you start smoking, try this Thursday, 7 May 2015 | 12:03 PM ET
    Andre Calantzopoulos, CEO of Philip Morris.

    Philip Morris International wants smokers to move to "reduced risk" products, CEO Andre Calantzopoulos tells CNBC.

  • Tobacco's new product line: CEO Thursday, 7 May 2015 | 7:45 AM ET
    Tobacco's new product line: CEO

    André Calantzopoulos, Philip Morris International CEO, talks about the future of the tobacco industry and a new segment they're calling "reduced risk products."

  • ISIS fight hits Imperial Tobacco results Wednesday, 6 May 2015 | 3:13 AM ET

    Imperial Tobacco's underlying net revenue took a 3 percent hit in its growth markets due to instability in Iraq in the 6 months to March.

  • NEW YORK, May 1- On a recent morning, Roger Tarazon and several friends gathered a few blocks from their Queens, New York high school. Some smoked traditional cigarettes, but Tarazon and a few others puffed on electronic vaping devices. "Sometimes I use it to relax," the 18- year-old senior said of the device.

  • NEW DELHI, April 24- India is committed to boosting the size of health warnings on tobacco products, the government said on Friday, seeking to deflect criticism for delaying tougher new packaging rules beyond a deadline of April 1. India ranks 136th on a list of 198 countries that use such warnings to deter smokers, the Canadian Cancer Society said in a report last...

  • GENEVA, April 23- Secret negotiations on international trade deals threaten human rights, an independent United Nations expert said on Thursday in comments that appeared aimed at agreements the United States is seeking with the European Union and Pacific nations. The United States, Japan and 10 other countries are racing to conclude the Trans-Pacific...

  • *NTT Docomo hits 11- year high. TOKYO, Apr 23- Japanese stocks rose on Thursday as investors sought to pick up stock seen as undervalued and presenting positive earnings prospects, with the likes of Nomura Holdings and large cap Japan Tobacco surging on strong demand. Large-cap Japan Tobacco Inc was Tokyo's biggest gainer, climbing 4.8 percent.