British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some US cigarette brands, acknowledging on Wednesday that its traditional market has no ...

Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled ...

Over the last several years, Juul has gone from a darling of Silicon Valley to a company beset by legal challenges. The e-cigarette maker recently agreed to pay $462 million in a settlement that ends ...

Juul Labs is planning to lay off 30% of its workforce, a source familiar with the matter told Reuters on Wednesday, as the e-cigarettes maker aims to reduce its operating costs. The restructuring is ...

(Reuters) -Imperial Brands announced an additional 1.45 billion pound ($1.95 billion) share buyback plan on Tuesday and said it was on track to meet its annual targets on the back of strong pricing ...

India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco ...

British American Tobacco shares slumped 8% as the cigarette maker said it will write down the value of its cigarette brands by £25 billion ($31.5 billion). The company UK:BATS BTI said the write-down ...

Analysts see cigarette prices rising by as much as 40%. That will weigh on demand, as well as profitability of ITC that derives 40% revenue from cigarettes.| News ...

Feb 14 (Reuters) - A Missouri-based maker of menthol-flavored e-cigarette liquids on Wednesday urged a federal appeals court to revive its application with the U.S. Food and Drug Administration to ...

From February 1, pan masala, cigarettes, tobacco and related products will attract a GST of 40 per cent, while biris will be ...

The Nevada attorney general’s office and e-cigarette maker Juul Labs Inc. are hashing out terms of a settlement reached in September in which Juul agreed to pay the state $14.4 million without ...