Food and Beverage Tobacco

More

  • LONDON, Aug 19- Health officials in Britain have for the first time endorsed e-cigarettes, saying they are 95 percent safer than tobacco equivalents and even suggesting doctors should be able to prescribe the "game-changing" devices to smokers trying to quit. Governments from California to India have tried to regulate their use more strictly, many fearing they...

  • Good news for e-cig smokers Wednesday, 19 Aug 2015 | 6:00 AM ET
    Good news for e-cig smokers

    A Britain Department of Health Study finds that smoking e-cigarettes is 95% less dangerous than smoking tobacco.

  • LONDON, Aug 19- Electronic cigarettes are around 95 percent less harmful than tobacco and should be promoted as a tool to help smokers quit, a study by an agency of Britain's Department of Health said on Wednesday. E-cigarettes, tobacco-free devices people use to inhale nicotine-laced vapour, have surged in popularity on both sides of the Atlantic but health...

  • *Philip Morris had aimed to raise at least $1 bln by cutting stake. JAKARTA, Aug 13- Philip Morris- owned Indonesia cigarette maker Sampoerna is planning a rights issue that will raise nearly $2 billion to meet stock exchange free-float rules, in what will be the Southeast Asian nation's biggest share sale in seven years. Sources previously said that Philip Morris...

  • RAI CEO: Very excited about growth prospects Tuesday, 28 Jul 2015 | 10:49 AM ET
    RAI CEO: Very excited about growth prospects

    Reynolds American shares hit an all-time high today on news of a 2 for 1 stock split and increased quarterly dividendSDiscussing the tobacco company's earnings, with Susan Cameron, Reynolds American president and CEO.

  • CVS quits Chamber of Commerce Wednesday, 8 Jul 2015 | 6:00 AM ET
    CVS quits Chamber of Commerce

    CVS Health quits the U.S. Chamber of Commerce over a dispute about tobacco.

  • 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.

  • 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.

  • E-cigarettes: The new gateway drug for teens? Tuesday, 31 Mar 2015 | 11:43 AM ET

    E-cigarettes may have been marketed as a healthier option to cigarettes, yet, a new report shows that 1 in 5 U.K. teenagers have tried them.

  • 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.

  • 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.

  • 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.

  • Tobacco giants settle smoking lawsuits for $100M Wednesday, 25 Feb 2015 | 10:43 AM ET
    Tobacco smoking cigarette

    Three major U.S. tobacco companies will pay $100 million to settle hundreds of federal lawsuits over smoking.

  • Reynolds America CEO: Fantastic Q4 Tuesday, 10 Feb 2015 | 10:42 AM ET
    Reynolds America CEO: Fantastic Q4

    Discussing Reynolds America's "fantastic" 4th quarter and strong year overall, with CEO Susan Cameron.

  • The CNBC Crowdfinance Vice Average Wednesday, 4 Feb 2015 | 6:00 AM ET
    Casino gambling

    This list represents the largest capital commitments raised by private U.S. companies actively listed on equity crowdfunding platforms.

  • Marlboro maker Altria's profit more than doubles Friday, 30 Jan 2015 | 12:01 PM ET
    Altria

    Marlboro maker Altria's profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.

  • Here's what $100 gets you in Cuba Thursday, 22 Jan 2015 | 4:21 PM ET
    A woman lights a hand-rolled cigar.

    New rules allow U.S. travelers to bring back $100 worth of rum and cigars from Cuba. So how far does $100 bucks go in Havana?

  • Smoking costs up to $2M over your life: Report Thursday, 22 Jan 2015 | 11:01 AM ET
    Tobacco smoking cigarette

    Smoking costs the average smoker at least $1.1 million over a lifetime, according to a new analysis, as reported by the Detroit Free Press.