Tobacco

Hedge Funds Short Food, Beverage And Tobacco Stocks Amid Soaring Bond Yields: Goldman Sachs

Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, vi...

BAT Names Cora Koppe-Stahrenberg As Chief People Officer

British American Tobacco (BAT) has appointed Cora Koppe-Stahrenberg as its chief people officer and member of the management board, effective 1 November 20...

Imperial Brands Sticks To Forecast, Announces Share Buyback

Imperial Brands has said trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices...

Britain Proposes Ban On Cigarettes For Younger Generations

Britain's government has proposed banning younger generations from ever buying cigarettes, a move that would give the country some of the world's toughest...

Philip Morris Aims To Launch IQOS In Two US States In 2024

Philip Morris International said it plans to launch its flagship heated tobacco device IQOS in two US states in 2024 as it doubles down on its shift away f...

Philip Morris To Consider Stake Sale In Biggest Pharma Unit: Report

Marlboro maker Philip Morris International is considering selling a stake in Vectura, its biggest pharmaceutical unit, according to a Wall Street Journal r...

BAT Appoints New Group Company Secretary

British American Tobacco (BAT) has announced the appointment of Caroline Ferland as its new group company secretary and assistant general counsel.

BAT Agrees Deal To Sell Russian, Belarusian Businesses

British American Tobacco has announced it has formally entered into an agreement to sell its Russian and Belarusian businesses in compliance with local and...