Tobacco

British American Tobacco Sees First-Half Sales Beat Expectations

British American Tobacco (BAT) has reported better-than-expected revenue for the first half of its financial year, with the tobacco firm seeing increased c...

Philip Morris To Cease Sales Of Marlboro Cigarettes In UK Within A Decade

Tobacco giant Philip Morris International is to cease the sale of Marlboro cigarettes in Britain within a decade, its chief executive, Jacek Olczak, has to...

Altria Group To Sell Wine Business For $1.2bn

Altria Group Inc said it would sell its Ste. Michelle Wine Estates business to private equity firm Sycamore Partners for $1.2 billion, as the tobacco giant...

US, EU To Lift Tariffs On Goods As Biden Ends Aircraft Trade War

US President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic disput...

British American Tobacco Raises Sales Growth Outlook

British American Tobacco has raised its annual revenue growth forecast to more than 5% at constant currency levels, as the tobacco giant's focus on newer p...

Imperial Brands Falls Short Of Profit, Sales Estimates In First Half

Tobacco maker Imperial Brands fell short of profit and sales estimates in the first half of its financial year, with the business impacted by lower retaile...

US FDA Proposes Plans To Ban Menthol Cigarettes

The U.S. Food and Drug Administration (FDA) has proposed a ban on menthol cigarettes and flavoured cigars in the United States, a move that could erase an...

BAT Announces 'ESG Week' To Highlight Sustainability Progress

British American Tobacco (BAT) has announced a dedicated 'ESG Week' to highlight its goals and achievements around its enhanced Environment, Social an...