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BRITISH AMERICAN TOBACCO
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...- ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
- Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year...
- Shopify to ban vapes as US authorities crack down on illegal e-cigarettes industryShopify is poised to ban all vape sales from its platform this week, responding to pressure from U.S. state attorneys general. This move ta...
- Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
- US Stocks: Philip Morris trims annual profit forecast amid nicotine pouch uncertaintyPhilip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and risin...
- British American Tobacco awaiting RBI approval to check out of ITC HotelsBritish American Tobacco (BAT) awaits RBI approval to sell its 15.29% stake in ITC Hotels, a holding dating back to the early 1900s. CEO Ta...
- ITC to double raw tobacco exports to BAT by 2025-26ITC Ltd plans to significantly increase exports of raw tobacco to British American Tobacco (BAT), targeting a value of up to Rs 2,350 crore...
- British American Tobacco signals ITC stake disposal, shares soar 7%British American Tobacco is actively working to sell some of its shareholding in India's ITC, signaling a move towards resuming share buyba...
- Big tobacco companies join race for Covid vaccineBAT has already started pre-clinical testing on animals, of a plant-based vaccine via US biotech subsidiary Kentucky BioProcessing. Philip ...
- Pat on the back from BAT to make Sanjiv Puri's job easierITC's largest shareholder expresses confidence in new chairman; indicates it has no plans for now to raise stake in the Indian co.
- Trade concerns keep a lid on Europe's rise, upbeat earnings boost GermanyThe pan-European STOXX 600 index was marginally higher by 0850 GMT, a day after it hit its lowest in more than four weeks.
- Oil helps European stocks rise while tobacco goes up in smokeThe pan-European STOXX 600 gained 0.2 per cent by 0826 GMT.
- Govt should raise stake in ITC to prevent hostile takeover by BAT: SJMLondon-headquartered British American Tobacco (BAT) owns 29.5% in ITC while government-controlled financial institutions together hold 27.8...
- European shares weighed down by defensives; banks get yield boostThe pan-European STOXX 600 benchmark index was down 0.5 per cent.
- Oil boost and Italy budget hopes support European shares; Next shinesOil majors BP and Shell rose more than 1 per cent after Brent hit a fresh four-year high
- European shares rise as US-EU trade breakthrough spurs carmakersThe pan-European STOXX 600 was up 0.4 per cent by 0720 GMT.
- ITC stock plunges: Main business vulnerable to threats of regulationTobacco continues to be the company's bread and butter and an area that is being threatened by regulation and heavy taxation across the wor...
- Government all set to ban FDI in tobaccoIndia is just a step away from banning foreign investment in tobacco, shattering the plans of Japan Tobacco, BAT and the Altria Group, but ...
- Wipro inks agreement with British American tobaccoWipro Technologies has entered into a multi-year outsourcing engagement with British American Tobacco, to help the co. improve effectivenes...
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