Tobacco

Philip Morris To Invest $232m To Expand ZYN Production At Kentucky Plant

Philip Morris International plans to invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet t...

Food Prices In The Netherlands To Remain High, Rabobank Says

Food prices in the Netherlands are projected to remain at their current high level of around 5%, according to Rabobank.

BAT Profit Beats Forecasts But Target For Smoking Alternatives In Doubt

British American Tobacco (BAT) reported a 1.3% rise in half-year profit, exceeding analyst expectations, but said it was likely to fall short of its 2025 a...

Health Advocates Target Philip Morris' US Launch Of Heated Tobacco

Health campaigners have written to US regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the...

British American Tobacco Expects Decline In First-Half Revenue, Profit

British American Tobacco expects a small decline in half-year revenue and adjusted profit from operations, but maintained its forecast of low single digit...

'Stable' Outlook For Consumer Goods Industry Over Next 12-18 Months: Moody's

Moody's is anticipating a 'stable' outlook for the consumer goods sector over the next 12-18 months, with average operating profit growth of 3% to 5% expec...