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The Latest Breaking News from British American Tobacco

BAT takes £25bn charge on US cigarette brands

The Dunhill and Lucky Strike firm saw shares slide in early trading as a result

Evening Standard

Australia breaches WHO treaty with carbon neutral certification of big tobacco company

Endorsement of British American Tobacco by Climate Active was revoked after complaint was made, FoI documents show

The Guardian - AU

Smoking gun: Rishi Sunak to raise cigarette buying age in UK

LONDON: UK Prime Minister Rishi Sunak aims to gradually raise the legal age for consuming cigarettes in a move that would introduce a ban for the next generation.

The Times of India

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UK house prices tumble 4.6% in year to August; pound at lowest since June – as it happened

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

The Guardian - UK

British American Tobacco to end sales in Russia within a month

London-based company says it has agreed to sell Russian and Belarusian businesses, 18 months after initial decision to withdraw

The Guardian - UK

Dutch health organisations file complaint over McLaren F1's nicotine branding

Velo is one of the brands McLaren sponsor British American Tobacco has created to pivot away from cigarettes towards tobacco-free nicotine products, such as Velo's flavoured nicotine pouches or the Vuse brand's e-cigarettes.

Motorsport

Influencers and freebies: Big Tobacco’s push to sell nicotine pouches in UK

Health experts raise concerns over marketing for flavoured oral sachets that can legally be sold to under-18s

The Guardian - UK

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New British American Tobacco boss Tadeu Marroco starts with major shake-up of board

Marroco said: “This refreshed Management Board structure is critical to my commitment to build a progressive and agile organisation”

Evening Standard

Instagram influencers advertising nicotine products to young people, charity warns

Highly addictive Velo nicotine pouches being pushed by British American Tobacco

The Guardian - UK

FTSE 100 live: FTSE closes at 7777.7; ‘UK markets shrug off global concerns’; WANdisco cash warning

Vodafone, Greggs, Boohoo, Landsec and Imperial Brands are in the spotlight during a busy session of corporate updates.

Evening Standard

British American Tobacco fined for North Korea sanctions breaches

The world’s second-largest tobacco company has agreed to pay $635m (£510m) in fines plus interest after a subsidiary admitted violating sanctions by selling cigarettes to North Korea.

The Week

British American Tobacco fined $635 million for violating sanctions on North Korea

British American Tobacco (BAT) has been fined $635 million for breaching sanctions on North Korea. The British multinational, a leader in the sale of tobacco products, will pay the record sum to US authorities. BAT's Singapore subsidiary admitted to selling cigarettes to North Korea over a decade between 2007 and…

France 24

A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea

British American Tobacco, one of the largest tobacco companies in the world, agreed to settle allegations that it did illegal business with Pyongyang in violation of U.S. sanctions.

WEKU

Tobacco company settles with US over business in North Korea

The Justice Department says a British tobacco company has agreed to a $629 million settlement to resolve allegations that it did illegal business with North Korea in violation of U.S. sanctions

The Independent UK

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Birmingham Post

British American Tobacco director joins THG board

She succeeds Damian Sanders, who was recently named THG's chief financial officer

Daily Mirror

Tobacco firm's report to trading standards officers sparks 'vape war'

British American Tobacco reported China's Elfbar, alleging that they had sold vapes with more nicotine liquid than is permitted, with anti-smoking groups accusing BAT of starting a 'vape war'

Barchart

3 High-Yield Dividend Stocks With More Than 30% Potential Upside, According to Wall Street

High-yield dividend stocks offer investors an opportunity to generate considerable income from their investments. Here are three high-yield stocks Wall Street is bullish on.

ABC News

Bruce Lehrmann told employer he didn't think initial reporting of Brittany Higgins's rape allegations referred to him, court documents show

Court documents reveal Bruce Lehrmann expressed shock when his then-employer told him that he was the person accused of raping Brittany Higgins at Parliament House. Mr Lehrmann says he is innocent and there have been no findings against him.

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news in one place.

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The Guardian - AU

Tobacco-linked organisations and executives fail to declare interests to TGA vaping inquiry

Known links to tobacco multinationals and vaping lobby groups omitted in submissions to federal government consultation on reform

The Canberra Times

'Coming for you': Lehrmann threatened in email before Higgins went public

The anonymous email was sent on the night Grace Tame was named the 2021 Australian of the Year.

The Guardian - AU

Pro-tobacco lobbyists circle Australian government’s proposed vaping reforms

As the TGA considers at least 4,000 submissions, tobacco companies appear to be heightening lobbying efforts

The Guardian - UK

UK ambassador to Yemen took part in opening of Jordanian cigarette factory

Michael Aron praised facility part-owned by British American Tobacco at ribbon-cutting event in 2019

The Guardian - AU

Facebook ads opposing a ban on vaping in Australia failed to disclose tobacco company backing

Meta says it removed ads for failing to state they were sponsored by an initiative of British American Tobacco Australia

ABC News

Australia has a vaping problem, but no easy health or political solution

Depending on who you listen to, vaping is either a public health solution, or a public health crisis, and what to do about it is on the minds of health ministers who'll discuss the issue today.

Evening Standard

FTSE 100 Live: Unilever price warning, AstraZeneca and BAT post results

Blue-chip companies Unilever, AstraZeneca and British American Tobacco today lead a busy session for end-of-year corporate earnings.

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