Tobacco

A Nice American Cigarette Break For Japan Tobacco: Gadfly

Japan Tobacco Inc., the world No. 4, reported a fourth straight quarter of declining cigarette volumes Wednesday as shipments fell pretty much everywhere i...

Cheap Cigarettes Are Winning In World's Second-Biggest Market

In Indonesia, the world’s second-largest cigarette market, higher sin taxes have prompted cost-conscious smokers to move from premium brands to cheap...

BAT Reports 'Strong Strategic Momentum' For First Half Of 2017

British American Tobacco (BAT) has announced that revenue, at current rates of exchange, increased by 15.7% to £7,717 million in the first six months...

European Tobacco Companies Set For Steady Profit Growth: Moody's

Solid price increases, a stronger product mix, and successful cost-cutting measures will drive steady operating profit growth for European tobacco companie...

BAT Completes Acquisition Of Reynolds American Tobacco

British American Tobacco (BAT) has completed its acquisition of the remaining 57.8% of Reynolds American that the company did not already own. BAT says...

BAT To Acquire Reynolds American Tobacco

British American Tobacco (BAT) has announced that its shareholders have approved a move to acquire a 57.8% stake in Reynolds American. The proposed ac...

Tobacco Tax U-Turn Burns $7 Billion Hole In ITC's Market Cap

ITC Ltd., Asia’s second-largest cigarette maker by value, plunged the most in 25 years after India surprised investors by raising levies on tobacco p...

Cigarette Market To Record $7.7 Billion Loss By 2021

The global cigarette market is set to record a $7.7 billion loss by 2021, according to market research provider Euromonitor International. The new data...