Today: September 19, 2024
Today: September 19, 2024

Latest From Emma Rumney

Americas|Business|Health

Developers of vapes for migraine, asthma will need to win over sceptics

A handful of North American companies which see potential for vape-like devices to ease migraines and respiratory diseases such as asthma have a long road to convince

Business|Economy|Europe

AB InBev bucks series of gloomy earnings in booze sector

Anheuser-Busch InBev outshone rival alcohol producers who had struck a downbeat tone in their quarterly results, but even the world's biggest brewer was cautious on

AB InBev bucks series of gloomy earnings in booze sector
Americas|Business|Economy

Diageo shares hit four-year low as CEO warns of troubles ahead

Diageo warned challenges could persist into next year after missing full-year profit expectations on Tuesday, sending shares in the world's top spirits maker down

Diageo shares hit four-year low as CEO warns of troubles ahead
Business|Sports

Corona Cero's Olympic bet ramps up rivalry in zero-alcohol beer

Anheuser-Busch InBev is betting on Olympic sponsorship to help its new Corona Cero brew become a top-selling zero-alcohol beer globally, but it will need to catch up

Corona Cero's Olympic bet ramps up rivalry in zero-alcohol beer
Business|Economy

Remy Cointreau too concentrated in cognac, investors say

Remy Cointreau investors say the company needs to diversify further as its reliance on cognac sales in the United States and China leaves it among the worst-hit by a

Remy Cointreau too concentrated in cognac, investors say
Business

Pernod Ricard offloads bulk of wine unit to focus on spirits

Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to

Pernod Ricard offloads bulk of wine unit to focus on spirits
Business|Health

Health advocates target Philip Morris' US launch of heated tobacco

Health campaigners have written to U.S. regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the launch of

Health advocates target Philip Morris' US launch of heated tobacco
Business|Economy

Europe's top cognac makers to attend China meeting on anti-dumping probe, source says

Leading European cognac producers will attend a hearing on China's anti-dumping probe of the industry in Beijing on July 18 - their first chance to defend themselves

Europe's top cognac makers to attend China meeting on anti-dumping probe, source says
Business

Exclusive-Philip Morris nears Texas launch of flagship heated tobacco device

Philip Morris International is preparing to launch its flagship heated tobacco device IQOS in Austin, Texas, indicating it will be the first testing ground for its

Exclusive-Philip Morris nears Texas launch of flagship heated tobacco device
Business

European regulators close in on Big Tobacco's new tea sticks

European governments are weighing the introduction of tougher rules on cigarette makers' new zero-tobacco heat sticks, moving to close the loopholes they were

European regulators close in on Big Tobacco's new tea sticks
Business

Analysis-Diageo turnaround plan soothes investors but some doubts remain

Diageo's attempt to reassure investors about its strategy in Latin America has boosted confidence among some that the world's top spirits maker can revive its

Analysis-Diageo turnaround plan soothes investors but some doubts remain
Business

BAT's US writedown puts tobacco transition in spotlight

British American Tobacco's admission that its U.S. cigarette brands will be worthless within decades has ramped up pressure on the company to prove it can better

BAT's US writedown puts tobacco transition in spotlight
Business

BAT writes down US cigarette brands, tobacco stocks fall

British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that

BAT writes down US cigarette brands, tobacco stocks fall
Business

Big Tobacco turns to rooibos tea to counter upcoming ban

Big Tobacco firms including British American Tobacco are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming

Big Tobacco turns to rooibos tea to counter upcoming ban
Health

Nicotine-like chemicals in U.S. vapes may be more potent than nicotine, FDA says

Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the

Nicotine-like chemicals in U.S. vapes may be more potent than nicotine, FDA says
Business|Economy|Sports

Summer of sport to help revive global beer sales

Global brewers are set to sell more beer this year after several quarters of declines, helped by factors from sports and slower inflation to weather patterns and a

Summer of sport to help revive global beer sales
Business|Economy|News|Technology

Philip Morris faces key test with US heated tobacco push

Philip Morris International's goals for heated tobacco in the United States are reachable, analysts and investors say, even though rivals see limited potential in a

Philip Morris faces key test with US heated tobacco push
Business|Economy|Food

Chinese tariffs could leave cognac makers with too much brandy

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations,

Chinese tariffs could leave cognac makers with too much brandy

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