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Appointment of a director of ‘combustibles’ could pave way to jettisoning the cash-rich business
Singapore-based Flashlight Capital calls for group once targeted by Carl Icahn to return $1.86bn to shareholders
Bloc’s push to cut smoking rates would increase minimum excise duty from €1.80 to €3.60 per pack of 20
It is only major tobacco company to exit country after invasion of Ukraine
Vaping company to let go of a third of workforce as it battles falling sales and regulatory woes
Latest effort in heated tobacco follows Marlboro maker’s failure in e-cigarettes
The electronic cigarette maker’s problems are inextricably linked to its success
Cigarette maker bows to pressure from activist funds that have built stakes in smokeless tobacco specialist
Segment carries lower regulatory risk than traditional cigarettes
Group among FTSE 100’s best performers over past year as investors seek refuge in big tobacco
E-cigarette maker backed by Altria ‘relentlessly marketed’ products to youth, one attorney-general says
While smoking is less popular on both sides of the Atlantic, Europe’s habit is proving harder to crack
Food and Drug Administration ban on sale of company’s e-cigarette products leaves stock looking cheap
Regulator cites teen vaping in decision against the country’s market leader
‘Smoke-free 2030’ target will be missed without further action, independent study concludes
Even if its $16bn investment in Swedish Match disappoints, annual cigarette sales of 600bn provide decent insurance
Acquisition takes company further into market for tobacco-free alternatives to cigarettes
European group’s success with chewing tobacco and pouches make for a tidy addition
Featuring snus. Also: therapy, DeFi, sports betting, etc.
Marlboro seller close to acquisition of maker of snus tobacco pouches in further shift away from cigarettes
Moscow’s smokers have been early adopters of heat-treated tobacco devices from Philip Morris and others
Group’s chair forecasts growing market but public health experts challenge sustainability claims
Tobacco group to transfer assets and operations to ‘local third party’ following similar move by BAT
Shares will continue to benefit from the rotation from high growth to value stocks
Companies turn to share buybacks as investors ditch stocks over ESG concerns
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