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Food and Beverage Tobacco

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  • *FTSE 100 down 0.9 pct. Consumer staple stocks trimmed nearly 16 points off the blue-chip FTSE 100, weighed down by a 2.4 percent fall in British American Tobacco and a 2.6 percent drop in Imperial Tobacco. Imperial Tobacco hit record highs earlier this month and is up 13 percent since the deal was announced.

  • March 26- The U.S. Centers for Disease Control is launching an ad campaign warning consumers against the dual use of e-cigarettes and regular cigarettes. E-cigarettes are battery-powered devices that heat a nicotine-laced liquid to produce an inhalable vapor. Such data could have implications for the U.S. Food and Drug Administration's proposed...

  • That's much longer than the warnings on traditional cigarette packs in the United States. Nicotine can increase your heart rate and blood pressure and cause dizziness, nausea and stomach pain, "says MarkTen, a leading brand in the United States. There is no required health warning on electronic cigarettes in the United States, so "we had to do what we thought was...

  • 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.

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • LONDON, March 16- Plans to ban branding on cigarette packaging in England passed their final legislative hurdle on Monday after lawmakers in Britain's upper house of parliament approved them, meaning firms will be forced to adopt plain, standardised packets. Prime Minister David Cameron's Conservative-led government is introducing the measures after...

  • Experts call for a tobacco-free world by 2040 Thursday, 12 Mar 2015 | 8:01 PM ET

    LONDON, March 13- A world virtually free of tobacco and its devastating health consequences could be a reality within 30 years if governments showed political will and took stronger action against cigarette companies, health experts said on Friday. "A world where tobacco is out of sight, out of mind, and out of fashion-- yet not prohibited-- is achievable in less than...

  • NEW YORK, March 12- Raising the minimum age to purchase tobacco products to 21 or 25 years old would significantly reduce their use and tobacco-related illnesses in the United States, a study published Thursday found, suggesting that states and local authorities should consider passing such laws. Four states- Alabama, Alaska, New Jersey and Utah- have increased...

  • Dollar General sales rise 10 pct Thursday, 12 Mar 2015 | 7:11 AM ET

    March 12- Dollar General Stores Inc reported a 9.9 percent rise in quarterly sales, helped by higher sales of tobacco products and food items such as candy and snacks. Net income rose to $355.4 million, or $1.17 per share in the fourth quarter ended Jan. 30, from $322.2 million, or $1.01 per share, a year earlier. Dollar General also authorized a $1 billion share...

  • WASHINGTON, March 11- Law professors from across the United States urged lawmakers to keep rules to protect foreign investors out of trade pacts on Wednesday, warning they would give big companies too much power. United Nations figures show investor-state claims have jumped since 2002, with high-profile cases such as a challenge by tobacco company Philip...

  • LONDON, March 11- Britain's parliament approved legislation on Wednesday to ban branding on cigarette packs, drawing immediate threats of legal action from the country's $29 billion tobacco industry. "We want all children in our country to grow up free from the burden of disease that tobacco brings," Public Health Minister Jane Ellison said in a statement,...

  • Push against investment rules in trade deals picks up Wednesday, 11 Mar 2015 | 1:31 PM ET

    WASHINGTON, March 11- Law professors from around the United States on Wednesday urged lawmakers to keep rules to protect foreign investors out of trade pacts, warning they would give big companies too much power. United Nations figures show investor-state claims jumped since 2002, with high-profile cases such as a challenge by tobacco company Philip...

  • 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.

  • LONDON, March 11- Britain's parliament approved legislation on Wednesday to ban branding on cigarette packs, drawing immediate threats of legal action from the country's $29 billion tobacco industry. "We want all children in our country to grow up free from the burden of disease that tobacco brings," Public Health Minister Jane Ellison said in a statement,...

  • Carlos Slim to retire from Phillip Morris board Wednesday, 11 Mar 2015 | 7:12 AM ET
    Billionaire Carlos Slim speaks during an event announcing an alliance between his philanthropic foundation and the World Wildlife Fund in Mexico City, Mexico.

    Phillip Morris International on Wednesday announced that Carlos Slim will retire from its board of directors in May.

  • DUBLIN, March 3- Ireland on Tuesday became the second country in the world to pass legislation requiring cigarettes to be sold in plain packets, despite threats of legal action by tobacco companies opposed to the move. Japan Tobacco International and Imperial Tobacco Group have said they would take legal action against the plan to ban the colourful logos used...

  • Irish parliament passes plain tobacco packaging law Tuesday, 3 Mar 2015 | 12:41 PM ET

    DUBLIN, March 3- Ireland's parliament on Tuesday became the second in the world to pass legislation requiring cigarettes to be sold in plain packets, despite threats of legal action by tobacco companies opposed to the move. Japan Tobacco International and Imperial Tobacco Group have announced they would take legal action against the move to ban the colourful...

  • LONDON, Feb 27- Electronic cigarette firms in Italy say a new levy that doubles the price of e-liquid refills unfairly helps tobacco giants like Philip Morris International and will hurt their industry. The controversy centres on the fact that the lower rate is applied to both electronic cigarettes and to tobacco products such as Marlboro HeatSticks, which...

  • Andrew Hyland, scientific principal investigator on the study and chair of the department of health behavior at Roswell Park Cancer Institute, said they may be transitioning away from cigarettes, or they may be becoming more entrenched. "We were struck by the proportion of users that engaged in polyuse," Mitch Zeller, head of the Food and Drug Administration's...