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Food and Beverage Tobacco

  • Health experts concluded that e-cigarettes containing nicotine can be addictive and may put teenagers at risk of switching to smoking, NY Times reports.

  • WASHINGTON— Electronic cigarettes could be a boon to public health or a major liability, depending on whether they help Americans quit smoking or encourage more young people to try traditional cigarettes, a new report concludes. "In some circumstances, such as their use by non-smoking adolescents and young adults, their adverse effects clearly warrant...

  • On Monday, the FDA said its review of iQOS found that the product contains lower levels of toxic chemicals than cigarettes, but could not say whether that translates into lower rates of tobacco-related disease. Medical and other expert advisors to the FDA will discuss the product on Wednesday and Thursday and recommend whether it should be cleared as a...

  • WASHINGTON, Jan 22- In a decision expected to test the Trump administration's approach to tobacco regulation, U.S. health advisers will vote this week on whether to allow Philip Morris International Inc to sell its novel iQOS tobacco device and claim it is less harmful than cigarettes. The FDA is not obliged to follow the recommendations of its outside advisers...

  • *FTSE 100 up 0.4 pct. LONDON, Jan 19- Britain's major share index rallied to a higher close on Friday as strong metals prices boosted miners and investors sought out makers of consumer staples following fresh evidence of a slowdown in consumer spending. The FTSE 100 rose 0.4 percent.

  • The plan puts the FDA at the center of a long-standing debate over so-called "reduced-risk" products, such as e-cigarettes, and whether they should have a role in anti-smoking efforts, which have long focused exclusively on getting smokers to quit. The FDA plan is two-fold: drastically cut nicotine levels in cigarettes so that they are essentially...

  • AMSTERDAM, Jan 11- ABP, the largest Dutch pension fund, plans to sell its remaining holdings in tobacco companies and nuclear arms manufacturers, worth roughly 3.3 billion euros, it said on Thursday. "Smoking is by far the leading preventable cause of disease and death in the Netherlands. Every year 20,000 people in the Netherlands die due to the consequences of...

  • AMSTERDAM, Jan 11- ABP, the largest Dutch pension fund, said on Thursday it will sell all its remaining holdings in tobacco companies and nuclear arms manufacturers, worth roughly 3.3 billion euros. With assets worth roughly 400 billion euros, ABP said the decision reflected the company's new investment criteria. ABP's head of investment policy, Erik van...

  • Teens who have tried a non-cigarette tobacco product are twice as likely to try cigarettes a year later than those who haven't, study says.

  • The list also captures the surge in market value since the close on Oct. 11, a day before bitcoin crossed the $5,000 mark. Market cap as of Oct. 11: $68.6 mln. Market cap as of Dec. 20: $300.6 mln.

  • device@ Ami Miyazaki and Aditya Kalra. TOKYO/ TEL AVIV/ BOGOTA, Dec 21- In Tokyo's upscale Ginza shopping district, around the corner from the sparkling storefronts of Tiffany& Co and Cartier, shoppers searching for a new device called iQOS can buy it in a boutique behind a glass façade. And the world's largest publicly traded tobacco company by market value, which...

  • NEUCHATEL, Switzerland, Dec 20- When Hans-Joerg Urban joined Philip Morris International Inc's research headquarters as a scientist in 2005, he said a senior executive laid out the tobacco giant's vision for the future: to create cigarettes no more harmful than a simple cup of coffee. The world's largest publicly traded tobacco company by market value has...

  • Nearly one-quarter of teens are using pot

    Teens are using more marijuana as they continue to drop cigarettes, according to a new survey.

  • Smoking marijuana

    Teens are using more marijuana as they continue to drop cigarettes, according to a new survey.

  • LONDON, Dec 12- A new wave of "heat-not-burn" tobacco products are probably safer than traditional cigarettes but the devices still produce a number of potentially harmful compounds, some of which are carcinogenic, a British panel of experts said on Tuesday. Cigarette maker Philip Morris International has led the way in developing the new non-burn products and...

  • Dec 4- Montana has sued OxyContin maker Purdue Pharma LP, withdrawing from a multistate investigation by attorneys general into opioid manufacturers' marketing practices and joining a growing list of states that have broken off to pursue individual lawsuits. Montana Attorney General Tim Fox announced a lawsuit on Monday accusing Purdue of...

  • TOKYO/ LONDON, Nov 21- Japan Tobacco Inc sparked takeover speculation on Tuesday by naming a new chief executive who wants the world's third-largest international tobacco maker to do more overseas acquisitions to offset falling cigarette sales at home. Two big issues facing Japan Tobacco are a geographic footprint too concentrated in low-growth markets...

  • TOKYO, Nov 21- Japan Tobacco Inc will seek acquisition opportunities overseas, said Masamichi Terabatake who is slated to become its CEO in January, to secure growth as the rise of vaping rivals snuffs out the company's cigarette sales at home. The 51- year-old executive, who will replace Mitsuomi Koizumi as CEO, is currently deputy CEO at JT International, a...

  • Five health and medical groups are supporting legislation that would raise the smoking age to 21 nationwide.

  • A man smokes a Philip Morris International Inc. iQOS electronic cigarette.

    IQOS isn't for sale in the U.S. yet, but Philip Morris USA is already planning its rollout.