Cigarettes

Reynolds Said To Reject BAT’s $47 Billion Acquisition Proposal

Reynolds American Inc., the second-largest cigarette seller in the U.S., is seeking a higher price from British American Tobacco Plc after rejecting a $47...

In Marlboro Country, A Big-Money Race For The New Smoke

You want a trip to Philip Morris International Inc. to feel like a visit to Marlboro Country. But the company’s Swiss research center, aka the Cube,...

Tobacco Firm Reynolds Taps Crew As CEO In Rare Woman-To-Woman Succession

Reynolds American Inc.’s Debra Crew, the head of its largest unit, will succeed Susan Cameron as chief executive officer next year, making Reynolds o...

BAT to Cut 950 Jobs At German Cigarette Factory To Reduce Costs

British American Tobacco Plc, the maker of Lucky Strike cigarettes, is eliminating 950 jobs at a German factory as it moves to cut costs amid a decline in...

1 In 10 Cigarettes Consumed In The EU Come From Illicit Trade: KPMG

Some 53 billion illegal cigarettes were consumed in the European Union in 2015, 9.8% of the total trade, according to new research by KPMG. The study, c...

French Parliament Passes Plain Packaging Law for Cigarettes

The French parliament passed a measure that will require cigarettes to be sold in plain packages without logos, stepping up restrictions on the tobacco ind...

Imperial Tobacco Says Iraq, Syria Conflicts to Weigh on Volume

Imperial Tobacco Group said it expects conflict in Iraq and Syria to weigh on its first-quarter shipments after full-year earnings rose 2.4 per cent, beati...

ltria Profit Rises 9.4% as Cheap Gas Boosts Cigarette Sales

Altria Group, the largest seller of tobacco in the US, posted a 9.4 per cent gain in third-quarter profit as lower gas prices gave smokers more money to sp...

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BAT Profit Slips as Sterling’s Strength Weighs on Performance

Philip Morris Says FDA Lacks Power Over Tobacco Label Change

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